LEHMAN COLLEGE–New York State Governor Andrew Cuomo introduced the Excelsior Scholarship two years ago to much fanfare as a program promising tuition liberation to all N.Y. four-year colleges. But while Cuomo’s big offer was said to be alleviating, Lehman and other CUNY students continue to suffer financially.
The main drawback seems to be the requirements that become prohibitive for a majority of students. Qualified students may receive up to $5,500 per semester, but applicants must meet a long list of requirements in order to receive full aid, as reported by Forbes a month after Cuomo announced the program. These include an income of less than $110,000, full-time enrollment of at least 12 credits per semester and a total of 30 credits per academic year, and no student loans in default, according to N.Y. Higher Education Services Corporation. Applicants who enrolled prior to 2018-19 must have earned 30 credits per year before applying for the program.