Often asked: When Will The Excelsior Scholarship Be Processed 2018?

How long does it take for Excelsior Scholarship to process?

Students must complete an application for the Excelsior Scholarship. Students cannot submit the application until after their FAFSA and NYS applications are processed. Please allow 7-10 days for the FAFSA and NYS to process before completing the Excelsior application.

How do I know if I received the Excelsior Scholarship?

Q: When will I be notified of my actual Excelsior award? Award amounts should become available in August and are released on a rolling basis. Students will be notified as their awards become available as well as any necessary aid adjustments.

How many Excelsior scholarships have been awarded?

As of 2018-19, the program’s second year, Excelsior Scholarships had been awarded to 24,000 students, or 3.8 percent of total SUNY and CUNY undergraduate enrollment. With full implementation this year, participation is expected to rise to 30,000 for 2019-20.

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When was the Excelsior Scholarship passed?

On April 11, 2017, New York became the first American state to make four-year public colleges tuition-free for those under an earnings threshold.

When should I apply for Excelsior Scholarship for fall 2020?

The deadline to apply for the Excelsior Scholarship for the fall 2020 semester is Aug. 31, 2020. All first-time applicants must take the following actions to receive an Excelsior Scholarship award determination: Complete the Free Application for Federal Student Aid (FAFSA) at studentaid.gov.

Is there a GPA requirement for Excelsior Scholarship?

There is not a GPA requirement for students to be eligible for the Excelsior Scholarship provided they earn thirty (30) credits over the course of a year, however students will need to maintain a GPA that allows for the successful completion of their degree.

Does the Excelsior Scholarship cover all tuition?

What about other expenses such as books, etc.? The Excelsior Scholarship covers tuition only. You would be responsible for college fees and other costs such as room and board.

Who can I call about the Excelsior Scholarship?

Need Help? For questions on the Excelsior Scholarship process call, 1-866-431-4372 and select option 3 or email [email protected] The Excelsior Scholarship, in combination with other student financial aid programs, allows students to attend a SUNY or CUNY college tuition-free.

What is the income limit for Excelsior Scholarship?

Income A recipient must have a combined federal adjusted gross income of $100,000 or less for the 2017-18 academic year, $110,000 or less for the 2018-19 academic year, and $125,000 or less for academic years 2019-20 and thereafter.

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How hard is it to get the Excelsior Scholarship?

The Excelsior Scholarship requires that all students accumulate 30 credits in each academic year in order to maintain the scholarship. On paper that sounds simple enough. That makes it incredibly difficult to reach the 30-credit requirement without taking a bulk of summer and winter classes.

Is it easy to get Excelsior Scholarship?

As long as you fit the eligibility requirements we just mentioned, applying for the Excelsior Scholarship is relatively simple. You just need to submit: The Free Application for Federal Student Aid (FAFSA)

How much does the Excelsior Scholarship cover per semester?

The Excelsior Scholarship amount is based upon the full time SUNY tuition rate in 2016/2017 ($3,235/semester). The goal of the Excelsior Scholarship is to cover up to $5,500 of tuition charges AFTER all other grants and scholarships have paid toward this charge.

Is the Excelsior Scholarship open?

Excelsior Scholarships 2021-2022 are open for online applications for all eligible students. The Excelsior Scholarship, in combination with other student financial aid programs, allows students to attend a SUNY or CUNY college tuition-free.

Is the Excelsior Scholarship a loan?

The Excelsior Scholarship awards which you receive will convert to a zero-interest loan. HESC will service loans that are in repayment, provided regular payments continue to be made. Unpaid loans will be referred to the NYS Office of the Attorney General.

Is CUNY free now?

We’ve made college tuition-free for middle class New Yorkers. Under this groundbreaking program, more than 940,000 middle-class families and individuals making up to $125,000 per year will qualify to attend college tuition-free at all CUNY and SUNY two- and four-year colleges in New York State.