The "Excelsior Scholarship" provision of the budget will allow students from families earning less than $125,000 per year to attend all two- or four-year institutions in the City University of ny and State University of ny systems tuition-free.
The plan crafted by Democratic Gov. Andrew Cuomo would apply to any NY student whose family has an annual income of $125,000 or less. Room and board expenses will not be covered under this plan. If a student already qualifies for another scholarship or grant that does not already fully cover tuition, the Excelsior Scholarship will make up the difference. The legislation provides $8 million to promote online educational resources. Lawmakers agreed to include it in the state budget, which was approved by the Assembly on Saturday and by the Senate late Sunday night.
Cuomo called the tuition plan a "national first" on Friday. Students with families making less than $100,000 a year will be eligible for tuition-free education in the fall of 2017.
Hundreds of thousands of NY residents mulling the idea of going to college at a public university could soon enroll for free, as the state's lawmakers passed a budget over the weekend that included a program that would allow students from middle- and low-income families to attend college for free.
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The budget provides a record $7.5 billion in total support for higher education, a $448 million, or 6.3 percent, increase over previous year.
The state estimates that 940,000 families with college-aged children will qualify for free tuition.
An income cap will be raised to $110,000 in 2018 and will lift to $125,000 in 2019. It will still be hard for students who don't attend schools full time. Students also need to live and work in-state after graduation for the same number of years that they got assistance for. The scholarship is only available to those who take 30 credits a year - a move that has drawn criticism. Private universities, whose leaders said the plan would undermine their schools, will see an increase in state tuition assistance funding.
Termed the Excelsior Scholarship, the fund is open to students of State of New York (SUNY) and City of New York (CUNY) colleges. "This will make college accessible, tuition free". Well it's becoming a reality for middle class students in NY.
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