Modifies conditions for New York state excelsior scholarship eligibility to ensure recipients need not work in the state following graduation and avoids converting the scholarship into a student loan in the event the recipient enlists in military service.
STATE OF NEW YORK
________________________________________________________________________
1224
2021-2022 Regular Sessions
IN SENATE
January 8, 2021
___________
Introduced by Sen. RITCHIE -- read twice and ordered printed, and when
printed to be committed to the Committee on Higher Education
AN ACT to amend the education law, in relation to eligibility for the
New York state excelsior scholarship
The People of the State of New York, represented in Senate and Assem-bly, do enact as follows:
1 Section 1. Paragraph (e) of subdivision 4 of section 669-h of the
2 education law, as added by section 1 of part HHH of chapter 59 of the
3 laws of 2017, is amended to read as follows:
4 (e) A recipient shall agree to reside exclusively in New York state,
5 [and shall not be employed in any other state,] for a continuous number
6 of years equal to the duration of the award received within six months
7 of receipt of his or her final award payment, and sign a contract with
8 the corporation to have his or her full award converted to a student
9 loan according to a schedule to be determined by the corporation if such
10 student fails to fulfill this requirement. The terms and conditions of
11 this paragraph may, as established by the rules and regulations of the
12 corporation, be deferred: (i) to complete undergraduate study; [or] (ii)
13 to attend graduate school on at least a half-time basis; or (iii) to
14 enlist in military service. Any obligation to comply with such
15 provisions as outlined in this paragraph may be cancelled upon the death
16 of the recipient. Notwithstanding any provisions of this paragraph to
17 the contrary, the corporation is authorized to promulgate rules and
18 regulations to provide for the waiver or suspension of any financial
19 obligation which would involve extreme hardship.
20 § 2. This act shall take effect immediately.
EXPLANATION--Matter in italics (underscored) is new; matter in brackets
[] is old law to be omitted.
LBD04411-01-1
