Do contributions to a retirement plan reduce household income to qualify for NY's Excelsior Scholarship?

Kelsmom is a former financial aid supervisor so she knows a lot about federal financial aid rules, but sybbie719 is our go to for questions about NYS aid.

If you lose the Excelsior Grant I wouldn’t expect to get it back. I don’t believe funding is guaranteed for all students who are eligible, so if you lose it based on income I don’t know how you’d appeal that. The decision to rescind the grant would be correct based on the rules. You could try, but I’d be prepared to cover the difference in case your appeal is rejected.

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