Increases the income cap for the Excelsior scholarship in New York from $125,000 to $150,000 for academic years 2026-2027 and beyond.

This bill amends the education law to raise the income cap for the Excelsior scholarship from $125,000 to $150,000 for academic years 2026-2027 and thereafter. The Excelsior scholarship is awarded to students enrolled in approved undergraduate programs at New York state public institutions of higher education. The bill specifies that the new income cap will apply to students starting in the 2026-2027 academic year.

Increases the income cap for the Excelsior scholarship in New York from $125,000 to $150,000 for academic years 2026-2027 and beyond.

This bill amends the education law to raise the income cap for the Excelsior scholarship from $125,000 to $150,000 for academic years 2026-2027 and thereafter. The Excelsior scholarship is awarded to students enrolled in approved undergraduate programs at New York state public institutions of higher education. The bill specifies that the new income cap will apply to students starting in the 2026-2027 academic year.