Directs the New York state higher education services corporation to conduct an audit of the excelsior scholarship program to determine the financial need and diversity of scholarship applicants and recipients; provides for the repeal of such provisions upon the expiration thereof.
STATE OF NEW YORK
________________________________________________________________________
4290
2025-2026 Regular Sessions
IN ASSEMBLY
February 4, 2025
___________
Introduced by M. of A. CUNNINGHAM -- read once and referred to the
Committee on Higher Education
AN ACT directing the New York state higher education services corpo-
ration to conduct an audit of the excelsior scholarship program; and
providing for the repeal of such provisions upon the expiration there-
of
The People of the State of New York, represented in Senate and Assem-bly, do enact as follows:
1 Section 1. For the purposes of this section, the following terms shall
2 have the following meanings:
3 (a) "Corporation" shall mean the New York state higher education
4 services corporation.
5 (b) "Adjusted gross income" shall mean the total of the combined
6 adjusted gross income of the applicant and the applicant's parents or
7 the applicant and the applicant's spouse, if married.
8 (c) "Qualifying year" shall mean the adjusted gross income as reported
9 on the federal income tax return, or as otherwise obtained by the corpo-
10 ration, for the calendar year coinciding with the tax year established
11 by the U.S. department of education to qualify applicants for federal
12 student financial aid programs authorized by Title IV of the Higher
13 Education Act of 1965, as amended, for the school year in which applica-
14 tion for assistance is made.
15 § 2. The corporation shall conduct an audit of the excelsior scholar-
16 ship program, as established by section 669-h of the education law. Such
17 audit shall include, but not be limited to:
18 (a) the adjusted gross income for the qualifying year of scholarship
19 applicants and recipients, respectively; and
20 (b) the diversity of scholarship applicants and recipients, respec-
21 tively, including statistics on race and ethnicity, LGBTQ+ status, coun-
22 try of origin, and disability status.
EXPLANATION--Matter in italics (underscored) is new; matter in brackets
[] is old law to be omitted.
LBD06510-01-5
A. 4290 2
1 § 3. Such corporation shall make a report of the findings of its
2 audit, including any recommendations for legislative action as it may
3 deem necessary or appropriate. Such report shall be delivered to the
4 governor, the temporary president of the senate, and the speaker of the
5 assembly no later than one year after the effective date of this act.
6 § 4. This act shall take effect immediately and shall expire and be
7 deemed repealed two years after such effective date.
