Award Levels for College Academic year 2011 and beyond
New Century and Regents’ Exemplary Academic Achievement Award will be a flat dollar amount to be paid in 4 installments.
MAXIMUM award value of $1,250 a semester
Award values may not always be the same for both programs
Regents’ Base Award: $1000
Specific award amounts for the 2011-2012 college academic year are estimated to be set in April 2011.
Please be advised:
Award amounts are determined on an annual basis and are subject to legislative funding and number of qualified participants. Therefore, award amounts may be reduced, may vary from year to year, and are dependent on when the recipient is enrolled in college .
People tend to overestimate the cost of a postsecondary education
Survey by the Institute for Higher Education Policy (IHEP) found that a majority of parents believe that they are at least partially responsible for paying for at least part of their children’s postsecondary education