New York State 2017-2018 Budget Summary NYSOBBA 2017.

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Presentation transcript:

New York State 2017-2018 Budget Summary NYSOBBA 2017

New Programs for 2017-18 Excelsior Scholarship Enhanced Tuition Awards NYS Part-time Scholarship Award Program NYS Child Welfare Worker Incentive Scholarship Program NYS Child Welfare Worker Loan Forgiveness Incentive Program

Excelsior Scholarship – Overview First-in-the-nation plan making public college tuition-free for NYS residents New, existing or transfer students Up to $5,500, less any amounts received for TAP, Pell or other scholarships Remaining tuition charge covered through a SUNY or CUNY tuition credit

Excelsior Scholarship – Overview Phased in over three years Family household AGI per federal tax returns 2017: $100,000 2018: $110,000 2019: $125,000

Excelsior Scholarship – Duration Up to two years for pursuit of an associate’s degree Up to four years for pursuit of a bachelor’s degree (five years for five-year programs and opportunity students)

Excelsior Scholarship – Requirements Be and stay on track for on-time completion Enroll in at least 12 credits per term and complete 30 credits per year Earn a passing grade to receive payment of the award Must live in New York State for the number of years equal to awards received

Excelsior Scholarship – Application To apply: FAFSA TAP application, if eligible Excelsior Scholarship application – available on June 7

Enhanced Tuition Awards – Overview For students attending a private, not-for profit college in NYS Up to $6,000 through combination of TAP award, ETA award and private college match Example: $1,000 TAP award $5,000 – half paid by ETA and half by college

Enhanced Tuition Awards – Overview Phased in over three years Family household AGI per federal tax returns 2017: $100,000 2018: $110,000 2019: $125,000

Enhanced Tuition Awards – Duration Up to two years for pursuit of an associate’s degree Up to four years for pursuit of a bachelor’s degree (five years for five-year programs)

Enhanced Tuition Awards – Requirements Be and stay on track for on-time completion Enroll in at least 12 credits per term and complete 30 credits per year Earn a passing grade to receive payment of the award Must live in New York State for the number of years equal to awards received

Enhanced Tuition Awards – Application To apply: FAFSA TAP application Enhanced Tuition Awards application – available in June

NYS Part-time Scholarship Award Program Overview Part-time students attending a SUNY or CUNY community college Up to $1,500 per semester for up to 2 academic years Enrolled in at least six but less than 12 credits per semester Have and maintain at least a 2.0 cumulative GPA Can receive award concurrent with Part-time TAP or Aid for Part-time Study

NYS Part-time Scholarship Award Program Application To apply: FAFSA TAP application Enhanced Tuition Awards application – available in June

NYS Child Welfare Worker Incentive Scholarship Program – Overview For current child welfare workers employed at a voluntary not-for-profit child welfare agency in New York State licensed by the Office of Children and Family Services (OCFS) Must have worked at least 2 years and pursue certain programs For undergraduate or graduate study at a public or private college Live and work at a child welfare agency in NYS for 5 years

NYS Child Welfare Worker Incentive Scholarship Program – Undergraduate Awards All full-time undergraduate students Award equals the average cost of attendance charged to NYS resident undergraduate students attending SUNY or actual COA, whichever is less Reduced by amount of other financial aid awards All part-time undergraduate students Award is based on actual COA

NYS Child Welfare Worker Incentive Scholarship Program – Graduate Awards Full-time graduate students attending a public college Award equals the average cost of attendance charged to NYS resident graduate students at SUNY or actual COA, whichever is less Reduced by amount of other financial aid awards Part-time graduate students attending a public college Award based on actual COA

NYS Child Welfare Worker Incentive Scholarship Program – Graduate Awards Full-time graduate students attending a private college Equal to average cost of attendance charged to NYS resident graduate students at SUNY or actual COA, whichever is less, up to $20,000 Reduced by amount of other financial aid awards Part-time graduate students attending a private college based on actual COA

NYS Child Welfare Worker Incentive Scholarship Program – Application To apply: FAFSA TAP application (undergraduates) NYS Child Welfare Worker Incentive Scholarship Program application – available August

NYS Child Welfare Worker Loan Forgiveness Incentive Program Must agree to work full-time at a not-for-profit child welfare agency in NYS licensed by OCFS for five years Must apply within two years of college graduation Awards up to $10,000 per year for up to 5 years of service or total student loan debt, whichever is less Forgiveness for undergraduate and graduate loans Available in October

Thank You HESC Contact: Barbara Hochberg Director of Grant and Scholarship Programs barbara.hochberg@hesc.ny.gov