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The first New Yorkers go to college tuition-free
Key Excerpts from Article on Website of CNN News
Posted: November 27th, 2017
http://money.cnn.com/2017/09/07/pf/college/new-york-excelsio...
New York's Excelsior Scholarship is the first of its kind. It covers the cost of tuition for qualifying students who are enrolled in a two- or four-year degree program at any of the state's 88 public colleges and university campuses. Plans for the scholarship were announced by Governor Andrew Cuomo in January. At first, students planning to attend college this fall didn't know whether it would become reality in time. It was officially approved by the legislature in April. When Governor Cuomo announced the program he said that college, like high school, "should always be an option even if you can't afford it." While similar programs in other states have made tuition free for community college students, the Excelsior Scholarship is the first to include those pursuing a four-year degree. The scholarship could save students as much as $27,000 over four years by cutting out tuition costs. The award doesn't cover fees charged by the school, or room and board. Students must also agree to live in state after college for the same number of years they received the scholarship, or it will be converted to a loan. Bonnie Tang, [a] Stony Brook freshman, is commuting from her home in Brooklyn, saving her about $13,000 in room and board costs. She'll have to buy a monthly train pass [and] pay about $2,560 in fees this year. But everything else is free. "My tuition is paid for and that saves me a lot of money," she said.
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