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Understanding Excelsior Scholarship Credit Requirement For 2023


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What is the Excelsior Scholarship?

The Excelsior Scholarship is a state-funded college scholarship program that allows eligible New York State residents to attend a SUNY or CUNY school tuition-free. This scholarship was first introduced in 2017, and has provided financial assistance to over 52,000 students since then. In order to qualify for this scholarship, students must meet certain criteria. These criteria include a minimum household income, residency requirements, and credit requirements.

What is the Credit Requirement for the Excelsior Scholarship?

In order to qualify for the Excelsior Scholarship, students must complete 30 credits per academic year. In addition, students must also complete 30 credits in the summer. This means that in order to be eligible for the scholarship, students must complete at least 90 credits total within the calendar year. This requirement is in place in order to ensure that students are making progress towards their degree and will be able to complete their degree within four years.

What Types of Credits Count Towards the Excelsior Scholarship?

The Excelsior Scholarship only counts credits that are taken at a SUNY or CUNY school. Credits taken at other schools, such as community colleges, do not count towards the scholarship. In addition, credits taken through online courses, study abroad programs, and internships do not count towards the scholarship.

What Happens if I Don’t Complete the Credit Requirement?

If a student does not meet the credit requirements for the Excelsior Scholarship in a given academic year, they will not be eligible for the scholarship in the following year. The student will also be responsible for any tuition costs that were not covered by the scholarship. In addition, if a student does not complete the credit requirements for two consecutive academic years, they will be ineligible for the scholarship in any subsequent academic years.

Are There Any Exceptions to the Credit Requirement?

Yes, there are some exceptions to the credit requirement for the Excelsior Scholarship. Students who are enrolled in a five-year degree program are exempt from the 30 credit requirement in the summer. In addition, students who are attending school while they are also serving in the military or working full-time are also exempt from the summer credit requirement. Finally, students who are affected by a medical emergency may also be exempt from the summer credit requirement.

What Other Requirements Must Be Met in Order to Qualify for the Excelsior Scholarship?

In addition to the credit requirements, students must also meet certain residency requirements in order to be eligible for the Excelsior Scholarship. Students must be a legal resident of New York State for at least one year prior to the start of the academic year for which they are applying for the scholarship. In addition, students must also remain a legal resident of New York State throughout the duration of their studies. Finally, students must also meet certain income requirements in order to be eligible for the scholarship.

How Do I Apply for the Excelsior Scholarship?

In order to apply for the Excelsior Scholarship, students must submit an application through the New York State Higher Education Services Corporation. The application must be completed and submitted by the designated deadline in order to be considered. After submitting the application, students must also submit a Free Application for Federal Student Aid (FAFSA) in order to be eligible for the scholarship. Once all of the required documents have been submitted, students will then be notified of their eligibility for the scholarship.

Conclusion

The Excelsior Scholarship is a great opportunity for New York State residents to attend college tuition-free. In order to be eligible for the scholarship, students must meet certain criteria, including the credit requirement. The credit requirement states that students must complete 30 credits per academic year, as well as 30 credits in the summer. Exceptions to this requirement are made for students enrolled in a five-year program, students who are serving in the military or working full-time, and students affected by a medical emergency. In order to apply for the scholarship, students must submit an application through the New York Higher Education Services Corporation, as well as a FAFSA application.


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