Saturday, February 14, 2026
  • Contact Us
  • Advertise
  • Privacy Policy
  • Terms of Use
  • Members
  • Sign in
  • Login
Westfair Communications
  • HOME
    • WESTCHESTER
    • FAIRFIELD
  • E-EDITIONS
    • Business Journal
    • Podcasts
  • MEMBERS
  • BUSINESS LISTS
  • INDUSTRIES
    • Economic Development
    • Real Estate
    • Hudson Valley
    • Courts
    • Banking & Finance
    • Construction
    • Economy
    • Education
    • Health Care
    • Food & Beverage
    • Government
    • Mergers & Acquisitions
    • Nonprofits
    • Retail
    • Technology
    • Home & Design
    • Health & Fitness
    • Travel
    • Lifestyle
  • SMALL BUSINESS
    • Small Business
    • Food & Restaurants
  • EVENTS
    • 2026 Real Estate
    • 2026 40 Under Forty
    • 2026 Doctors of Distinction
    • 2026 C-Suite Awards
    • 2026 Millennial & Gen Z
    • Events Calendar
    • Past Events
      • 2026
        • 2026 Women in Power
      • 2025
        • 2025 Hispanic Innovators
        • 2025 Doctors of Distinction
        • 2025 C-Suite Awards
        • 2025 Women Innovators
        • 2025 40 Under Forty
        • 2025 Millennial & Gen Z
        • 2025 Real Estate
      • 2024
        • 2024 Doctors of Distinction
        • 2024 Women Innovators
        • 2024 40 Under 40
        • 2024 Real Estate
        • 2024 Women In Power
      • 2023
        • 2023 Women In Power
        • Milli + Genz
        • Women Innovators
        • Forty Under 40
        • Doctors of Distinction
        • Real Estate
      • 2022
        • 2022 Millennial + GenZ Awards
        • 2022 C-Suite Awards
        • 2022 Doctors of Distinction
        • 2022 THE FUTURE OF REAL ESTATE
        • 2022 FORTY UNDER 40
      • 2021
        • 2021 FORTY UNDER 40 VIRTUAL EVENT
        • 2021 TOP WEALTH ADVISORS Virtual Event
        • 2021 Milli + GenZ Awards
        • 2021 C-SUITE
        • 2021 DOCTORS OF DISTINCTION
  • GOOD THINGS
  • VIDEOS
    • Our Starting Lineup
    • News Videos
  • PARTNERS
  • ADVERTISE
  • SUBSCRIBEACT NOW
    • NEWSLETTERS
    • DIGITAL ACCESS
No Result
View All Result
  • HOME
    • WESTCHESTER
    • FAIRFIELD
  • E-EDITIONS
    • Business Journal
    • Podcasts
  • MEMBERS
  • BUSINESS LISTS
  • INDUSTRIES
    • Economic Development
    • Real Estate
    • Hudson Valley
    • Courts
    • Banking & Finance
    • Construction
    • Economy
    • Education
    • Health Care
    • Food & Beverage
    • Government
    • Mergers & Acquisitions
    • Nonprofits
    • Retail
    • Technology
    • Home & Design
    • Health & Fitness
    • Travel
    • Lifestyle
  • SMALL BUSINESS
    • Small Business
    • Food & Restaurants
  • EVENTS
    • 2026 Real Estate
    • 2026 40 Under Forty
    • 2026 Doctors of Distinction
    • 2026 C-Suite Awards
    • 2026 Millennial & Gen Z
    • Events Calendar
    • Past Events
      • 2026
        • 2026 Women in Power
      • 2025
        • 2025 Hispanic Innovators
        • 2025 Doctors of Distinction
        • 2025 C-Suite Awards
        • 2025 Women Innovators
        • 2025 40 Under Forty
        • 2025 Millennial & Gen Z
        • 2025 Real Estate
      • 2024
        • 2024 Doctors of Distinction
        • 2024 Women Innovators
        • 2024 40 Under 40
        • 2024 Real Estate
        • 2024 Women In Power
      • 2023
        • 2023 Women In Power
        • Milli + Genz
        • Women Innovators
        • Forty Under 40
        • Doctors of Distinction
        • Real Estate
      • 2022
        • 2022 Millennial + GenZ Awards
        • 2022 C-Suite Awards
        • 2022 Doctors of Distinction
        • 2022 THE FUTURE OF REAL ESTATE
        • 2022 FORTY UNDER 40
      • 2021
        • 2021 FORTY UNDER 40 VIRTUAL EVENT
        • 2021 TOP WEALTH ADVISORS Virtual Event
        • 2021 Milli + GenZ Awards
        • 2021 C-SUITE
        • 2021 DOCTORS OF DISTINCTION
  • GOOD THINGS
  • VIDEOS
    • Our Starting Lineup
    • News Videos
  • PARTNERS
  • ADVERTISE
  • SUBSCRIBEACT NOW
    • NEWSLETTERS
    • DIGITAL ACCESS
No Result
View All Result
Westfair Communications
No Result
View All Result
Home Education

Colleges weigh uncertain impact of state’s Excelsior Scholarship debut

Ryan Deffenbaugh by Ryan Deffenbaugh
November 16, 2017
0
Share on LinkedInShare on FacebookShare on Twitter

When Gov. Andrew Cuomo announced in January that he would push for the Excelsior Scholarship, legislation to cover the full cost of tuition for in-state students from families making $125,000 or less per year, his plan drew opposite reactions from presidents of public and private colleges in the state.

excelsior suny
A solitary SUNY student reads outside the Natural Sciences building on the Purchase College campus. Photo by John Golden.

The Excelsior Scholarship bill, passed by the state Legislature in April, was praised by SUNY and CUNY schools as a way to increase affordability and allow more students to receive degrees. Private college presidents warned, however, that the plan would upend the state’s student marketplace and hurt small private schools that can offer a wider range of options.

In Westchester, college officials were cautious when asked by the Business Journal to grade the program near the end of its first semester. The application process for the scholarship started in late spring and only students from families making under $100,000 qualify for the first round of the program, so the full effect may not be clear.

The Excelsior Scholarship

  • Budgeted for $87 million in 2017 fiscal year.
  • State covers remaining cost of tuition only after federal and state aid for students from families making under $100,000. The maximum income goes up to $110,000 in 2018 and $125,000 in 2019.
  • Students must be New York residents, enrolled full time and maintain a passing grade point average.
  • After graduation, students have to live full time in New York for a time equal to the length of the scholarship, or it converts into a loan.

Public

SUNY officials in October said about 45,000 SUNY and CUNY students were deemed eligible for the Excelsior Scholarship this fall. About 22,000 of those students had the remaining costs of their tuition covered by the scholarship. The Excelsior is a “last dollar” scholarship, meaning it covers the remaining cost of tuition after all other grants and financial aid have been awarded.

In total, about 53 percent of the approximately 400,000 full-time students attending SUNY and CUNY schools this fall are there tuition-free, up 5 percent from last year.

At SUNY Purchase College, 294 students qualified for the Excelsior Scholarship this year. The school enrolls about 4,000 students in its undergraduate programs.

Caitlin Read, dean of enrollment management at Purchase, said the school has seen an increase in interest. She said the exact effect of the new scholarship offering is hard to gauge at this stage, however, since students had likely already narrowed down their college choices by the time Excelsior applications opened.

“But we are hearing positive buzz from students during the recruitment cycle,” Read said. “It’s creating an enthusiasm, and rightfully so, for a SUNY education, so we feel we’ve been the beneficiary of that.”

Admission applications for the fall 2018 semester will be a better gauge of the program’s impact, Read said, as it”™s the first academic year where potential students knew of the scholarship during the entire recruitment period.

A spokesperson for Westchester Community College said that the school is seeing an increased number of applications. “We believe the availability of the Excelsior Scholarship was a key factor,” said Patrick Hennessey in an email message. “Excelsior is a game-changer for college students in New York state. Students who have not previously considered college are now doing so,” including students seeking technical programs for middle-skills careers.

Hennessey also cautioned that “with enrollments ongoing and Excelsior Scholarship limits increasing next year, it is too soon to know the full impact of the program.”

Private

Meanwhile, a recent report from The Commission on Independent Colleges and Universities (CICU) in New York found that 30 of the 48 private colleges in the state at which New Yorkers make up 65 percent or more of the student body saw enrollment declines this fall.

Mary Beth Labate, president of CICU, said the data “foreshadow risk for the entire higher education ecosystem in New York.”

The state Legislature did fund a new Enhanced Tuition Award for 2017 that provides up to $6,000 to students toward private school tuition at participating colleges and universities. But only about a third of the state’s private institutions opted to join the program, and students from those schools are still waiting to find out if they will receive the award, according to a report from Politico New York.

Both Mercy College in Dobbs Ferry and Manhattanville College in Purchase qualify as majority New York schools by the CICU criteria. Officials at both colleges said the Excelsior program likely contributed to decreased enrollment.

Mercy College President Timothy L. Hall said much of the college’s ability to weigh the impact of the Excelsior scholarship so far is anecdotal. The college did have a decline in enrollment this fall compared to last, but that also coincides with the school”™s decision to raise its admission standards for the last admission period.

Hall noted that a number of freshman students at the school registered for classes and housing later than usual for the fall semester.

“The shift this year was a lot more people registering at the last second,” he said. “To me, these are very likely people who held out hope of getting the Excelsior Scholarship and then came to us when they didn”™t. So I”™m almost certain there are students who did get Excelsior and didn”™t come to us.”

Hall cited a 2016  Georgetown University review of a plan for national free public school tuition that estimated such a program would decrease enrollment at private colleges between 7 and 15 percent. While the school is working to combat that possibility through increased outreach and scholarship money, he said a reduction in admitted students likely means cutbacks for filling faculty positions and other college expenditures.

Manhattanville College, meanwhile, estimated it lost about 35 students to the Excelsior program out of its fall freshman class of about 480 students. It made that estimate by comparing this fall’s enrollment to historical data in areas of the state where SUNY schools are most competitive, such as near Albany, Binghamton and Stony Brook.

Michael E. Geisler, president of Manhattanville College, said the school anticipated the decrease and prepared for it in its annual budget. The college is also expanding its presence in other areas of the country to reach more out-of-state students, though he said Manhattanville had started that initiative before Excelsior.

“While for the moment we are managing pretty well at Manhattanville College, not all the schools in the area are in the same position,” Geisler said.

Referring to the overall employment at private colleges and universities in the state, Geisler added, “We’ll have to see what the long-term impact of Excelsior is. There are 485,000 jobs depending on it and that’s a very significant part of the infrastructure of New York state.”

This page is available to subscribers. Click here to sign in or get access.

Previous Post

New Rochelle consignment boutiques grow business providing to films

Next Post

Greenburgh approves Regeneron’s planned 1 million-square-foot expansion

Related Posts

Orange County Executive says no deed registration as of Feb. 13 on reported ICE purchase of Chester warehouse
airport

Orange County Executive says no deed registration as of Feb. 13 on reported ICE purchase of Chester warehouse

February 13, 2026
Trump administration still withholding Gateway Tunnel funds despite court order
Construction

Trump administration releases $30M in Gateway Tunnel funds; withholding more despite court order

February 13, 2026
Norwalk environmental advocate appointed to Connecticut Green Bank board
Banking & Finance

Norwalk environmental advocate appointed to Connecticut Green Bank board

February 13, 2026
Next Post
year end review

Greenburgh approves Regeneron's planned 1 million-square-foot expansion

Subscribe to our newsletter

Lifestyle

  • Exclusives
  • Good Things Happening
  • Food & Restaurants
  • Travel
  • Health & Fitness
  • Home & Design

World News

U.S. and world news for Jan. 27
World News

U.S. and world news for Feb. 13

by Peter Katz
February 13, 2026
0

DHS shutdown due after today A shutdown of the Department of Homeland Security is all but certain this weekend after...

CNN WIRE — Trump met with Paramount chief before denying involvement in Paramount bid for Warner Bros. Discovery

CNN WIRE — Trump met with Paramount chief before denying involvement in Paramount bid for Warner Bros. Discovery

February 12, 2026
U.S. and world news for Nov. 6

U.S. and world news for Feb. 12

February 12, 2026
Reaction to Trump’s DOJ suing NY state, Hochul, James, Schroeder

CNN WIRE — Combative testimony from AG Bondi on Capitol Hill: VIDEO

February 11, 2026
U.S. and world news for Feb. 11

U.S. and world news for Feb. 11

February 11, 2026
CNN WIRE — FBI releases pictures, video in Guthrie case: VIDEO

CNN WIRE — FBI releases pictures, video in Guthrie case: VIDEO

February 10, 2026
No Result
View All Result

Latest News

Orange County Executive says no deed registration as of Feb. 13 on reported ICE purchase of Chester warehouse
airport

Orange County Executive says no deed registration as of Feb. 13 on reported ICE purchase of Chester warehouse

by Peter Katz
February 13, 2026
0

Orange County Executive Steve Neuhaus said on Feb. 13 that no paperwork had been filed as of...

Trump administration still withholding Gateway Tunnel funds despite court order

Trump administration releases $30M in Gateway Tunnel funds; withholding more despite court order

February 13, 2026
Norwalk environmental advocate appointed to Connecticut Green Bank board

Norwalk environmental advocate appointed to Connecticut Green Bank board

February 13, 2026
Wallingford Fair Shopping Center sold for $21.4 million

Wallingford Fair Shopping Center sold for $21.4 million

February 13, 2026
Another customer mad at Mad Dog in Port Chester

Another customer mad at Mad Dog in Port Chester

February 13, 2026
Logo Westfair Business Journal

Latest News

Orange County Executive says no deed registration as of Feb. 13 on reported ICE purchase of Chester warehouse

Trump administration releases $30M in Gateway Tunnel funds; withholding more despite court order

Norwalk environmental advocate appointed to Connecticut Green Bank board

  • About Us
  • Contact Us
  • Advertise
  • Privacy Policy
  • Terms of Use
  • Sign in

Trending Westchester

Subscribe to our newsletter

© 2024 Westfair Business Publications. All rights reserved. Westfair Communications (Westfair), a privately held publishing firm based in Mount Kisco, N.Y., publishes the Westchester County Business Journal in New York state and the Fairfield County Business Journal in Connecticut.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • HOME
    • WESTCHESTER
    • FAIRFIELD
  • E-EDITIONS
    • Business Journal
    • Podcasts
  • MEMBERS
  • BUSINESS LISTS
  • INDUSTRIES
    • Economic Development
    • Real Estate
    • Hudson Valley
    • Courts
    • Banking & Finance
    • Construction
    • Economy
    • Education
    • Health Care
    • Food & Beverage
    • Government
    • Mergers & Acquisitions
    • Nonprofits
    • Retail
    • Technology
    • Home & Design
    • Health & Fitness
    • Travel
    • Lifestyle
  • SMALL BUSINESS
    • Small Business
    • Food & Restaurants
  • EVENTS
    • 2026 Real Estate
    • 2026 40 Under Forty
    • 2026 Doctors of Distinction
    • 2026 C-Suite Awards
    • 2026 Millennial & Gen Z
    • Events Calendar
    • Past Events
      • 2026
      • 2025
      • 2024
      • 2023
      • 2022
      • 2021
  • GOOD THINGS
  • VIDEOS
    • Our Starting Lineup
    • News Videos
  • PARTNERS
  • ADVERTISE
  • SUBSCRIBE
    • NEWSLETTERS
    • DIGITAL ACCESS

© 2024 Westfair Business Publications. All rights reserved. Westfair Communications (Westfair), a privately held publishing firm based in Mount Kisco, N.Y., publishes the Westchester County Business Journal in New York state and the Fairfield County Business Journal in Connecticut.