Increases the income cap for purposes of the Excelsior scholarship

This bill (A 10085) raises the income eligibility cap for New York's Excelsior Scholarship program from $125,000 to $150,000 for academic years starting in 2026-2027 and beyond. It directly affects students applying for the scholarship who must meet income requirements based on their adjusted gross income (including parents' or spouse's income). The key provision increases the maximum income threshold for qualification, expanding access to the scholarship for higher-income students who previously exceeded the limit. This change applies to all future academic years after 2025-2026, as specified in the bill's text.