EXCELSIOR SCHOLARSHIP

FOR NYS RESIDENTS ATTENDING SUNY/CUNY SCHOOLS

Starting this Fall, the Excelsior Scholarship provides tuition-free college to families residing in NYS. The plan will be phased in over three years, beginning for New Yorkers making up to $100,000 annually in the Fall of 2017, $110,000 in 2018, and $125,000 in 2019.

Students must be enrolled in Cayuga Community College full-time and successfully complete 30 credits per year (including Summer and Intersession semesters) to receive the funding.

Students are required to maintain a grade point average necessary for the successful completion of their coursework and students are required to reside in New York State for the same number of years in which they received the award. The student does not need to be employed during this period. However, they cannot be employed in another state.

ELIGIBILITY CRITERIA

FULL-TIME college students residing in New York State. Successfully complete 30 credits per year (including Summer and Intersession semesters). Required to maintain a grade point average necessary for the successful completion of their coursework.

The program will be phased in over three years, beginning in Fall 2017. It would first apply to families who earn $100,000 or less, then to those who earn $110,000 or less in 2018 and eventually reaching $125,000 or less in 2019. The income calculation is based on federal adjusted gross income, as reported on federal income tax forms, for the student and their family.

The student and parents must have resided in New York State for 12 continuous months prior to the term for which the scholarship is being sought.

HOW TO APPLY

APPLICATION WILL BE AVAILABLE JUNE 7, 2017
DEADLINE: JULY 21, 2017

PLEASE COMPLETE AND SUBMIT (if you have not already done so):

Cayuga’s FAFSA school code is 002861. You can submit your FAFSA anytime for the upcoming academic year. Cayuga’s TAP school code is 2005.

WHAT IS COVERED?

The program covers tuition for eligible Cayuga students (less Pell, TAP and other scholarships). View Cost of Attendance. Books and miscellaneous fees not included. Review our Frequently Asked Questions.

FREQUENTLY ASKED QUESTIONS
EXCELSIOR SCHOLARSHIP

Below are some of the most common questions regarding the Excelsior Scholarship. If your question isn’t answered below, contact Financial Aid.

Will I be able to attend Cayuga Community College tuition free?

Yes, if you are eligible. If you are a NYS resident whose family household adjusted gross income (as filed on your 2015 federal tax returns) does not exceed $100,000 for the 2017-18 academic year, and you complete 30 credits per year, you will be able to attend a SUNY or CUNY college tuition free.

The program will be phased in over three years, beginning in Fall 2017. It would first apply to families with an annual gross income (AGI) of $100,000 or less, then to those with AGI of $110,000 or less in 2018 and eventually reaching $125,000 or less in 2019. The income calculation is based on federal adjusted gross income, as reported on federal income tax forms, for the student and their family.

How is gross adjusted income determined?

Gross Adjusted income is calculated through federal tax forms. Students will use the income listed for the 2017-18 FASFA application, from their 2015 taxes.

How do I apply?

The Excelsior program application procedures and regulations will be developed and managed by the Higher Education Services Corporation (HESC). For more information, visit hesc.ny.gov. The application will be available on June 7, 2017.

What does it mean to be a “NYS resident” for purposes of receiving this award?

To be considered a NYS resident for purposes of receiving this award, you and your parents must have resided in the State for 12 continuous months prior to the term for which the award is being sought.

How much can I receive from the Excelsior Scholarship?

An Excelsior Scholarship recipient can receive up to the full cost of tuition from the Excelsior Scholarship, minus any amounts received for TAP, Pell or other scholarships. The remainder of your tuition charge will be covered by a tuition credit paid through SUNY or CUNY.

Will I be able to get an award for this Fall?

Yes. Eligible students will receive awards to attend Cayuga Community College tuition free this fall.

Are students who take online classes eligible?

Yes.

Will any exceptions be made for part-time students or those with disabilities?

Yes. As with the TAP grants, students with disabilities or any student will not be required to register full-time to be eligible for the scholarship.

When will I be able to apply for the award?

It is anticipated that the Excelsior Scholarship application will be available in late May/early June.

How much income can my family earn to be eligible for an award?

For the 2017-18 academic year, your federal household adjusted gross income can total up to $100,000 to be eligible. For 2018-19, that amount increases to $110,000, and beginning in 2019-20, and beyond, your family’s adjusted gross income can total up to $125,000.

Can I get an award if I'm currently attending Cayuga?

Yes. Students who are currently attending Cayuga may be eligible to receive an award, provided they are currently on track to complete their degree on time and meet all other eligibility criteria.

How long can I get the award?

You are eligible to get an award for up to two years (four semesters) for students pursuing an Associate’s degree and up to four years for students pursuing a bachelor’s degree. Students in an undergraduate program of study normally requiring five years are eligible to receive the award for five years.

Do I need a certain grade point average to get or keep the award?

Award recipients need to earn a passing grade to maintain their Excelsior Scholarship awards, provided they enroll in at least 12 credits per semester and successfully complete a total of 30 credits over the course of a year. Recipients should keep in mind that they may have other awards which also carry academic standards that differ from those required for the Excelsior Scholarship.

Can I get an award if I'm a transfer student?

A student who transfers to Cayuga may be eligible for an Excelsior Scholarship if they are on track to complete their degree on time based on the number of credits accepted by Cayuga and meet all other eligibility criteria.

Once I receive the scholarship, is it possible to lose it?

Yes, you can lose the scholarship if you do not continue to meet all eligibility requirements. For example, you must enroll in at least 12 credits per term and complete 30 credits per year to continue to receive the scholarship. Once you lose the scholarship, you cannot regain eligibility.

If I completed my Associate’s degree, can I receive this award to get my Bachelor’s degree?

Yes, provided the college that you are attending accepted all of the credits you earned in completing your Associate’s degree at Cayuga and meet all other requirements for the Excelsior Scholarship. Students cannot receive a scholarship for a second Associates degree after already receiving a previous Associates or Bachelors degree.

Are there any other requirements that I must meet after I complete my degree?

Yes. You must live in New York State for the number of years equal to awards you received. For example, if you received four Excelsior Scholarship awards while getting your Bachelor’s degree, you must live in New York State for four years after college. In addition, if you are working during those years, you must work in New York State. Failure to meet these requirements will result in the conversion of your award to a loan.