The Excelsior Scholarship is designed to support students in New York State (NYS) pursuing bachelor’s degrees by providing a tuition fee waiver. This scholarship allows students to fulfill their higher education dreams without the burden of tuition fees. In this article, we will provide comprehensive information about the Excelsior Scholarship 2023, including its objectives, eligibility criteria, benefits, features, important documents, and the online application process.
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Excelsior Scholarship 2023
The Excelsior Scholarship offers financial assistance to students attending public colleges and universities in New York State for bachelor’s and associate degree programs. Students who receive the scholarship will have their tuition fees waived up to $5,500, while they will be responsible for paying the remaining fees.
| Beneficiary Category | The student receiving an admission offers |
| Student Types | Students of SUNY & CUNY |
| No. Of Student Types | 2 |
| Offered Programs | Associate’s degree, Bachelor’s Degree, and any other Undergraduate Program |
| No. Of Offered Programs | 3 |
| Required Credits | 30 Credits |
| Annual Income Limit | $125,000/- |
| Mode of Transfer | DBT |
| Payment Mechanism | E-Payment Mechanism |
| Form of Benefit | Tuition Fee Waiver |
| Scholarship Amount | $5,500/- |
| Scholarship Tenure | 2 to 5 years |
| Transferable Type | Monthly/ Annually/ One Time Basis |
Objectives of Excelsior Scholarship
The Excelsior Scholarship has two main objectives:
- Student Empowerment: The scholarship aims to empower students attending SUNY and CUNY by providing financial support for their higher education.
- Tuition Fee Waiver: By granting a tuition fee waiver of $5,500, the scholarship enables NYS residents to pursue eligible programs at public colleges and universities.
Excelsior Scholarship Eligibility
To be eligible for the Excelsior Scholarship, students must fulfill the following criteria:
- Be enrolled in a bachelor’s or associate degree program at SUNY or CUNY.
- Reside in New York State.
- Meet the annual income limit of the student’s family, which must not exceed $125,000.
Excelsior Scholarship Coverage
The scholarship covers up to $5,500 in tuition fees for eligible students, and they must fulfill the required credit hours annually (at least 30 credits per year).
Excelsior Scholarship Ineligible Beneficiaries
The following students will be considered ineligible for the scholarship:
- Students who have not earned the required credits.
- Students studying outside SUNY and CUNY.
- Students whose parental income exceeds $125,000.
Excelsior Scholarship 2023 Application Last Date
Students are advised to apply online for the scholarship before the deadline to ensure timely registration. The last date to apply for the Excelsior Scholarship 2023 is 31st August 2023. Necessary forms to fill include the Free Application for Federal Student Aid (FAFSA) and NYS Student Aid Payment Application.
Benefits and Features
- SUNY and CUNY students can receive scholarships of up to $5,500 for a duration of 2 to 5 years, depending on the chosen program.
- Scholarships are provided as tuition fee waivers, allowing students to pay only the remaining part of their course fees.
- Students who have earned the required credits will be eligible for the scholarship.
- Excelsior Scholarship recipients can also work while residing in New York State after completing their studies.
Excelsior Scholarship 2023 online Application
The application procedure for the Excelsior Scholarship involves the following steps:
- Visit the official website and click on “Apply.”
- Create an account or log in.
- Fill out the required details in the registration form.
- Complete the necessary forms, including FAFSA and NYS Student Aid Payment Application.
Excelsior Scholarship Contact details
For any inquiries or assistance related to the Excelsior Scholarship, applicants can contact the following:
Address: SUNY System Administration H. Carl McCall SUNY Building 353 Broadway Albany, NY 12246
Phone No: 518.320.1100
Conclusion
The Excelsior Scholarship 2023 opens doors for students in New York State to pursue higher education without financial burdens. By offering tuition fee waivers, the scholarship aims to empower students and help them achieve their academic aspirations. Eligible students are encouraged to apply online before the deadline to secure timely registration and funding.
