Does the NYS STEM Incentive Program cover everything?

[samn122]

I’ve read that the STEM Incentive Program would cover full tuition but does that include other expenses such as room and board? If I were to attend a SUNY at a full COA of ~$21,000 then the program would only cover ~$8,000 for me in tuition, leaving me to still pay $13,000.

Also, do I have to work 5 years straight out of undergrad or can I pursue graduate school and then work?

[sybbie719]

NO, it only covers tuition minus any NYS (TAP) or other tuition only scholarships that you may receive (it does not cover fees, only tuition which is ~ 6100).

You will have to work 5 years in an approved stem major in NYS or the scholarship reverts into a loan which must be repaid.

http://www.hesc.ny.gov/pay-for-college/financial-aid/types-of-financial-aid/nys-grants-scholarships-awards/nys-science-technology-engineering-and-mathematics-stem-incentive-program.html

[twogirls]

Keep in mind that if you attend the NYS portion of Cornell, the scholarship does not increase to match the Cornell tuition. It stays at the $8,000 ( approx) tuition which is in line with the other SUNYs.

[sybbie719]

from Cornell

@Cornell

NYS Math and Science Teaching Incentive Scholarships (STEM)

As a partner of the State University of New York, undergraduate students who are New York State residents enrolled in STEM fields in one of Cornell University’s two participating New York State contract colleges (College of Agriculture & Life Sciences and College of Human Ecology) are eligible to participate in the NYS STEM Incentive Program.

Applicants must complete and submit the New York State Science, Technology, Engineering and Mathematics Incentive Program Web Supplement by August 15. Eligible students must have been admitted and submitted an enrollment deposit to begin study at a participating school in Fall 2014.

To be eligible for the NYS STEM tuition scholarship, you must enroll beginning with the fall term following your high school graduation.

How much is the award?

Recipients shall receive an annual award for full-time study equal to the annual tuition charged to NYS resident students attending an undergraduate program at the State University of New York (currently $6,170), or actual tuition charged, whichever is less. The STEM award will be reduced by the amount of any other tuition-only assistance award received.

I am eligible for need-based financial aid at Cornell. How will the NYS Stem Incentive Program scholarship affect my financial aid package from Cornell?

As an outside merit scholarship, the NYS STEM tuition scholarship will reduce the self-help component (loans and work-study) of your financial aid package, but will not reduce the family contribution. If all the self-help support in your award is cancelled, in some cases, the Cornell grant aid may need to be reduced or cancelled as well.

http://finaid.cornell.edu/types-aid/grants-and-scholarships/federal-state