Excelsior Scholarship Spring 2024

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The Excelsior Scholarship is a merit-based financial aid program designed to help New York State residents pay for college tuition. The program is available to both full-time and part-time students, and the amount of the award can vary depending on the student’s income and academic performance.

To be eligible for the Excelsior Scholarship, students must meet the following criteria:

In order to apply for the Excelsior Scholarship, students must submit a Free Application for Federal Student Aid (FAFSA). The FAFSA is used to determine the student’s income and other financial information, which is then used to calculate the amount of the Excelsior Scholarship award.

Here are 8 important points about the Excelsior Scholarship Spring 2024:

Eligibility: New York State residents attending college in New York State
Award amount: Up to $5,500 per year
Income limit: Families with incomes up to $125,000 per year
Academic requirements: Minimum 3.0 GPA
Full-time and part-time students: Eligible
FAFSA required: Yes
Deadline: March 1, 2024
Renewal: Renewable for up to four years

For more information about the Excelsior Scholarship, please visit the Higher Education Services Corporation (HESC) website.

Eligibility: New York State residents attending college in New York State

To be eligible for the Excelsior Scholarship, students must be New York State residents attending college in New York State. This means that the student must have a permanent address in New York State and be enrolled in a degree program at an eligible college or university in New York State.

Students who are not New York State residents may still be eligible for the Excelsior Scholarship if they meet certain criteria. For example, students who are enrolled in a program that leads to a teaching certification in New York State may be eligible for the scholarship, even if they are not New York State residents.

Students who are unsure if they meet the residency requirements for the Excelsior Scholarship should contact the Higher Education Services Corporation (HESC) for more information.

In addition to being a New York State resident, students must also attend college in New York State to be eligible for the Excelsior Scholarship. This means that the student must be enrolled in a degree program at an eligible college or university in New York State.

For more information about the eligibility requirements for the Excelsior Scholarship, please visit the HESC website.

Award amount: Up to $5,500 per year

The Excelsior Scholarship provides up to $5,500 per year to eligible students. The amount of the award is based on the student’s income and academic performance.

Students with incomes up to $125,000 per year are eligible for the full $5,500 award. Students with incomes between $125,000 and $250,000 per year are eligible for a reduced award amount. Students with incomes over $250,000 per year are not eligible for the Excelsior Scholarship.

In addition to income, the amount of the Excelsior Scholarship award is also based on the student’s academic performance. Students with a GPA of 3.0 or higher are eligible for the full $5,500 award. Students with a GPA between 2.5 and 2.99 are eligible for a reduced award amount. Students with a GPA below 2.5 are not eligible for the Excelsior Scholarship.

The Excelsior Scholarship award is paid directly to the student’s college or university. The award can be used to pay for tuition, fees, and other educational expenses.

For more information about the Excelsior Scholarship award amount, please visit the HESC website.

Income limit: Families with incomes up to $125,000 per year

The Excelsior Scholarship is available to families with incomes up to $125,000 per year. This income limit is based on the student’s family’s Adjusted Gross Income (AGI) on their federal income tax return.

AGI of $0-$100,000: Students from families with AGIs between $0 and $100,000 are eligible for the full $5,500 Excelsior Scholarship award.
AGI of $100,001-$125,000: Students from families with AGIs between $100,001 and $125,000 are eligible for a reduced Excelsior Scholarship award. The amount of the award is determined by the student’s family income.
AGI of $125,001 or more: Students from families with AGIs of $125,001 or more are not eligible for the Excelsior Scholarship.

Students who are unsure if they meet the income requirements for the Excelsior Scholarship should contact the Higher Education Services Corporation (HESC) for more information.

Academic requirements: Minimum 3.0 GPA

In order to be eligible for the Excelsior Scholarship, students must have a minimum GPA of 3.0. This GPA requirement is based on the student’s cumulative GPA from all previous college coursework.

Students who do not have a minimum GPA of 3.0 may still be eligible for the Excelsior Scholarship if they meet certain criteria. For example, students who are enrolled in a program that leads to a teaching certification in New York State may be eligible for the scholarship, even if they do not have a 3.0 GPA.

Students who are unsure if they meet the academic requirements for the Excelsior Scholarship should contact the Higher Education Services Corporation (HESC) for more information.

In addition to the minimum GPA requirement, students must also maintain a 3.0 GPA in order to renew their Excelsior Scholarship award. Students who do not maintain a 3.0 GPA will lose their scholarship award.

For more information about the academic requirements for the Excelsior Scholarship, please visit the HESC website.

Full-time and part-time students: Eligible

The Excelsior Scholarship is available to both full-time and part-time students. This means that students who are enrolled in at least 12 credit hours per semester are eligible for the scholarship, regardless of whether they are enrolled full-time or part-time.

Full-time students: Students who are enrolled in at least 12 credit hours per semester are considered full-time students. Full-time students are eligible for the full $5,500 Excelsior Scholarship award.
Part-time students: Students who are enrolled in less than 12 credit hours per semester are considered part-time students. Part-time students are eligible for a reduced Excelsior Scholarship award. The amount of the award is determined by the number of credit hours the student is enrolled in.

For more information about the eligibility requirements for full-time and part-time students, please visit the HESC website.

FAFSA required: Yes

Students can submit the FAFSA online at the Federal Student Aid website: https://studentaid.gov/h/apply-for-aid/fafsa

When completing the FAFSA, students must be sure to list the New York State Higher Education Services Corporation (HESC) as one of the schools they are applying to. The HESC code is 002799.

The FAFSA deadline for the Excelsior Scholarship is March 1, 2024. Students who miss the deadline will not be eligible for the scholarship.

For more information about the FAFSA requirement for the Excelsior Scholarship, please visit the HESC website.

Deadline: March 1, 2024

The deadline to apply for the Excelsior Scholarship Spring 2024 is March 1, 2024. This deadline is for both new and renewing students.

Students who miss the March 1, 2024 deadline will not be eligible for the Excelsior Scholarship for the Spring 2024 semester.

Students who are unsure if they have met the deadline for the Excelsior Scholarship should contact the Higher Education Services Corporation (HESC) for more information.

For more information about the Excelsior Scholarship deadline, please visit the HESC website.

Renewal: Renewable for up to four years

The Excelsior Scholarship is renewable for up to four years, provided that the student meets the following requirements:

Maintain a minimum 3.0 GPA: Students must maintain a minimum 3.0 GPA in order to renew their Excelsior Scholarship award.
Remain enrolled in an eligible program: Students must remain enrolled in an eligible degree program at an eligible college or university in New York State.
Meet the income requirements: Students must continue to meet the income requirements for the Excelsior Scholarship. The income limit is $125,000 per year for families.
Submit a FAFSA: Students must submit a FAFSA each year in order to renew their Excelsior Scholarship award.

Students who meet all of the renewal requirements will receive the Excelsior Scholarship award for up to four years, or until they complete their degree program, whichever comes first.

FAQ

Here are some frequently asked questions about the Excelsior Scholarship Spring 2024:

Question 1: Who is eligible for the Excelsior Scholarship?
Answer: The Excelsior Scholarship is available to New York State residents attending college in New York State. Students must meet certain income and academic requirements to be eligible.

Question 2: How much is the Excelsior Scholarship award?
Answer: The Excelsior Scholarship award amount is up to $5,500 per year. The amount of the award is based on the student’s income and academic performance.

Question 3: What are the income requirements for the Excelsior Scholarship?
Answer: The income limit for the Excelsior Scholarship is $125,000 per year for families. Students from families with incomes up to $100,000 per year are eligible for the full $5,500 award.

Question 4: What are the academic requirements for the Excelsior Scholarship?
Answer: Students must have a minimum GPA of 3.0 to be eligible for the Excelsior Scholarship. Students must also maintain a 3.0 GPA in order to renew their award.

Question 5: Can I renew my Excelsior Scholarship award?
Answer: Yes, the Excelsior Scholarship is renewable for up to four years, provided that the student meets the renewal requirements.

Question 6: How do I apply for the Excelsior Scholarship?
Answer: To apply for the Excelsior Scholarship, students must submit a Free Application for Federal Student Aid (FAFSA). The FAFSA deadline for the Excelsior Scholarship is March 1, 2024.

For more information about the Excelsior Scholarship, please visit the HESC website.

In addition to the information provided in the FAQ, here are some tips for applying for the Excelsior Scholarship:

Tips

Here are some tips for applying for the Excelsior Scholarship Spring 2024:

Tip 1: Apply early. The Excelsior Scholarship is awarded on a first-come, first-served basis. Students who apply early are more likely to receive the scholarship.

Tip 2: Make sure you meet all of the eligibility requirements. Students who do not meet all of the eligibility requirements will not be awarded the scholarship. Be sure to carefully review the eligibility requirements before applying.

Tip 3: Submit a complete and accurate FAFSA. The FAFSA is used to determine the student’s income and other financial information, which is then used to calculate the amount of the Excelsior Scholarship award. Be sure to submit a complete and accurate FAFSA in order to receive the maximum amount of aid.

Tip 4: Keep your grades up. Students must maintain a minimum 3.0 GPA in order to renew their Excelsior Scholarship award. Be sure to keep your grades up in order to continue receiving the scholarship.

Closing Paragraph for Tips

By following these tips, you can increase your chances of receiving the Excelsior Scholarship. The Excelsior Scholarship is a great way to help pay for college tuition, so be sure to apply today!

In addition to the tips provided above, here is a transition paragraph to the conclusion section:

The Excelsior Scholarship is a valuable resource for students who are attending college in New York State. By applying for the scholarship and following the tips above, you can increase your chances of receiving this scholarship.

Conclusion

The Excelsior Scholarship is a merit-based financial aid program designed to help New York State residents pay for college tuition. The scholarship is available to both full-time and part-time students, and the amount of the award can vary depending on the student’s income and academic performance.

To be eligible for the Excelsior Scholarship, students must meet the following criteria:

Be a New York State resident
Attend college in New York State
Have a minimum GPA of 3.0
Meet the income requirements

The Excelsior Scholarship is a valuable resource for students who are attending college in New York State. The scholarship can help students pay for tuition, fees, and other educational expenses.

Closing Message

If you are a New York State resident and you are planning to attend college in New York State, I encourage you to apply for the Excelsior Scholarship. The scholarship can help you make college more affordable and achieve your educational goals.