JCC preparing for Excelsior Scholarship implementation
Governor Andrew Cuomo has announced passage of the New York state budget which includes establishment of the Excelsior Scholarship to provide a tuition scholarship to students enrolled in New York public colleges and universities beginning this fall.
“The Excelsior Scholarship makes higher education more accessible to those who might not think it is within their financial reach,” says Jamestown Community College president Cory L. Duckworth. “JCC provides an exceptional opportunity for individuals to enhance their life experience by gaining meaningful college credentials, and the Excelsior Scholarship is a strong incentive to achieve those ends.”
The scholarship is a “last dollar” scholarship that will cover the cost of tuition not met by an eligible New York state resident student’s other federal, state, institutional, and private sources of grant assistance.
Eligibility requirements include:
¯ Student must attend a public institution, either SUNY, CUNY, or a SUNY community college.
¯ If a student was previously enrolled in college, he or she must have completed at least 30 credits per year, in the program of study, to qualify. If previous credits were completed at a private college, at least 30 credits per year must be accepted upon transfer in order to qualify.
¯ After acceptance in the program, students must complete at least 30 credits per year and enroll in at least 12 credits per semester in the program of study. The state’s Higher Education Services Corporation (HESC) can prescribe limited exceptions to this requirement.
¯ In a student’s last semester, he or she must complete at least 12 credits, with at least one course needed to meet graduation requirements.
¯ HESC will identify modified criteria for students with disabilities.
¯ Student must meet federal adjusted gross income limits as follows: enrolled for 2017-18: $100,000, per 2015 federal tax returns; enrolled for 2018-19: $110,000 per 2016 federal tax returns; enrolled for 2019-20: $125,000 per 2017 federal tax returns.
¯ Awards are limited to the length of the program (2-year, 4-year, or 5-year).
¯ Students must have their grade point average (GPA) certified by JCC to indicate they are eligible to successfully complete their coursework.
¯ Student must agree to live in New York state for a continuous number of years equal to the duration of the award received. There is no requirement that the student be employed during that period, but he or she cannot work in another state. If a student fails to meet these requirements, the award will be converted to a student loan.
Additional details are available at the HESC website, https://www.hesc.ny.gov.
JCC’s financial aid office will be revising student financial aid awards to include the Excelsior Scholarship. For details, call 716.338.1009 or email email@example.com.