The NYS Excelsior Scholarship 2024 batch is a beacon of hope for New York students aspiring to pursue higher education without the burden of tuition fees. As we approach the 2024 academic year, it’s crucial to understand the nuances of this NYS scholarship program, specifically designed for residents attending SUNY or CUNY colleges.
What is the NYS Excelsior Scholarship?
The NYC Scholarship 2024 is a financial aid program that partially covers college tuition fees for New York City residents who perform well academically in high school and choose to attend a City University of New York (CUNY) college. Eligible students can receive this scholarship for up to four years, provided they maintain good grades and adhere to the program’s requirements. However, it’s important to note that this scholarship doesn’t cover the entire tuition cost, is exclusive to CUNY colleges, and requires an application by a specified deadline.
Coverage and Value
The scholarship covers the full cost of tuition, up to the in-state rate at your SUNY or CUNY college. However, it does not cover other expenses like fees, books, housing, or meal plans. The maximum value of the scholarship is up to $5,500, filling any tuition gap after other grants and scholarships are applied.
Who’s Eligible for NYC scholarship?
To qualify for the Excelsior Scholarship, you must:
- Be a New York State resident for at least 12 months before the term you apply for.
- Have filed a FAFSA and NYS Student Aid Payment Application on time each year.
- Be enrolled full-time in an approved degree program at a SUNY or CUNY college.
- Have a household Federal Adjusted Gross Income (AGI) of $125,000 or less.
- Maintain a minimum 2.0 GPA.
You can receive this scholarship for up to two years for an associate’s degree or four years (five for certain programs) for a bachelor’s degree.
How to Apply for NYC Scholarship in 2024?
The application process for NYC scholarship is straightforward. You can apply online through the Higher Education Services Corporation (HESC) website. The deadline for the Spring 2024 semester is February 2nd, 2024.
Integrating with Other Financial Aid:
The Excelsior Scholarship can be combined with other federal and state grants. To maintain eligibility, you must complete the FAFSA and the NYS Student Aid Payment Application every year.