Current through Register Vol. 46, No. 39, September 25, 2024
(a)
Definitions. As used in this section:
(1)
Health care scholarship shall mean Regents health care professional opportunity
scholarships awarded pursuant to Education Law, section 605(10).
(2) Professional scholarship shall mean a
Regents professional opportunity scholarship awarded pursuant to Education Law,
section 605(10).
(b)
Eligibility for payment of awards. Except as provided herein, payment of awards
under this section shall be made to recipients who fulfill the eligibility
criteria set forth in section
2201.1 of this Title and, in
addition, fulfill the eligibility criteria set forth in this section.
(1) Recipients of such awards shall annually
file with the corporation an application for payment of an award in accordance
with section
2201.1(a) of this
Title and further, shall report to the corporation on such forms and at such
times as the president may prescribe, all information required by the
president, including but not limited to anticipated date of graduation. In the
event a recipient fails to file such annual application in any academic year in
which he or she may be eligible, the recipient shall file a report, on such
forms and at such times as prescribed by the president, regarding his or her
status during the academic year in which an application for payment is not
made.
(2) Recipients of health care
scholarships and professional scholarships shall be enrolled in an approved
program, as defined by the commissioner pursuant to section
145-6.1(b)(1) of
this Title.
(c) Amount
of awards.
(1) Annual health care scholarship
payments shall be made in an amount of up to $10,000; provided, however, that
the award shall be reduced by $1 for every $4 by which the applicant's income
shall exceed the amount set forth for an economically disadvantaged student
pursuant to section
27-1.1 of this Title; provided,
further, that such reductions shall not reduce an annual award to less than
$1,000. Anything to the contrary herein notwithstanding, however, no award
shall exceed the costs of attendance.
(2) Annual professional scholarship payments
shall be made in an amount of up to $5,000; provided, however, that the award
shall be reduced by $1 for every $4 by which the applicant's income shall
exceed the amount set forth for an economically disadvantaged student pursuant
to section 27-1.1 of this Title; provided,
further, that such reduction shall not reduce an annual award to less than
$1,000. Anything to the contrary herein notwithstanding, however, no award
shall exceed the costs of attendance.
(d) Payment of awards. All awards under this
section shall be paid in separate installments, on a pro rata basis, for each
semester, quarter or term of attendance during the academic year.
(e) Institutional responsibilities. In
addition to the certification procedures set forth in section
2205.3 of this Title, an
institution, in certifying the eligibility of a recipient of an award under
this section, shall report to the corporation the recipient's cost of
attendance which for the purposes of this section shall mean tuition, required
fees, laboratory and other instruction-related expenses, transportation and
room and board, as those terms are defined in section
2200.2(f) of this
Title.
(f) Duration of award.
(1) Health care scholarship recipients shall
be entitled to payments of awards for up to but not more than four academic
years.
(2) Professional scholarship
recipients shall be entitled to payments of awards for up to but not more than
four academic years, unless enrolled in a program of study recognized by the
Regents as normally requiring more than four years to complete, in which case
the recipient shall be entitled to payment of awards for that number of
academic years as recognized by the Regents as required.
(g) Reports.
(1) A recipient entitled to file a further
application for an award under this section who fails to file such application
in any academic year in which he or she may be eligible, shall file a report,
on such forms and at such times as prescribed by the president, regarding his
or her status during the academic year in which an application for payment is
not made.
(2) All other recipients
of awards under this section shall report to the corporation, on such forms and
at such times as the president may prescribe, such information as to his or her
graduation, licensure or certification, and employment status, as the president
may require.
(h)
Repayment.
(1) Failure of a recipient to
comply with the service condition set forth in Education Law, section 605,
shall entitle the president to recover from such recipient an amount determined
by the provisions set forth in that statute.
(2) Repayment of the amount payable shall be
made in equal monthly installments of principal and interest so as to complete
repayment within 10 years, or such lesser period as determined by the president
taking into consideration the amount owed and the circumstances of the
recipient; provided, however, that in no event shall the monthly payments be
less than $50 plus interest. A written agreement of repayment shall be obtained
for each recipient, which such agreement shall include such terms and
conditions as shall be deemed appropriate by the president.
