[quote="jerseyshorejohnny" post=365730][quote="Adam" post=365721]Aren't some public NYC colleges "free" now? St. John's mission of providing financial support might not be feasible (or needed) moving forward.[/quote]
New York State's Excelsior Scholarship provides in-state, public college tuition for residents whose families earn below a set annual income cap: $100,000 in 2017. This amounts to an annual savings between $4,000 and $6,500, depending on whether the student attends a community college or a four-year school. As the scholarship only covers tuition, students bear the additional cost of fees and room and board, which can cost up to $14,000 annually. To maintain the scholarship, Excelsior students must maintain 30 annual class credits at a state college: State University of New York (SUNY) or City University of New York (CUNY).[2] There will also be a GPA requirement.[3] After graduation, Excelsior students must live and work in New York for as many years as they received the scholarship.[2]
The annual income cap will increase as the Excelsior program is phased in (to $110,000 in 2018, and $125,000 in 2019). By the time the program is fully implemented, an estimated 200,000 will be eligible.[2][/quote]
I am all for providing financially disadvantaged students with the assistance that they need in order to have access to a post secondary education.
However, if they are using "public" money to do so, these students should be held accountable for maintaining a GPA of at least 2.0 and making satisfactory progress toward earning a degree in order to receive these monies each year.
Is that the case? If not, it should be. My kids are in their 40's so I am not aware of current practices.