New York’s new student aid programs come with “fine print.”

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It is all about student choice.

New York’s Excelsior Scholarship Program comes with both “fine print” and funding restrictions that mean students may be taking a significant risk in betting on “free tuition” to guide their decision about where to attend college. Important details about the Excelsior Scholarship Program should signal caution.

Read more about what we know about the program so far.

A private, not-for-profit college or university could be your “best fit.”

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Seriously consider the advantages of strong academic programs, smaller classes, sustained personal attention, and the opportunity to work with world-class faculty—the hallmarks of independent higher education. Nine in ten of our students receive financial aid, and our colleges impose no burdensome restrictions on the financial aid they provide students. By the critical metrics that are important to student success (on-time completion, support services for at-risk students, strong reputations and alumni networks, career development and earning potential), private, not-for-profit colleges and universities offer a superior return on investment.

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Reach out to our financial aid offices with questions.

New York’s Excelsior Scholarship Program comes with both “fine print” and funding restrictions that mean students may be taking a significant risk in betting on “free tuition” to guide their decision about where to attend college. We encourage students and families to talk with financial aid officers at first, second and third choice colleges and universities to make sure all of your questions are answered.