S T A T E O F N E W Y O R K
________________________________________________________________________
9701
I N A S S E M B L Y
March 27, 2012
___________
Introduced by M. of A. HEVESI -- read once and referred to the Committee
on Higher Education
AN ACT to amend the education law, in relation to requirements for
eligibility of colleges under the New York state higher education loan
program
THE PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND ASSEM-
BLY, DO ENACT AS FOLLOWS:
Section 1. Subdivision 3 of section 690 of the education law, as added
by section 1 of part J of chapter 57 of the laws of 2009, is amended to
read as follows:
3. "Eligible college" shall mean a post-secondary institution, located
within New York state, eligible for funds under Title IV of the Higher
Education Act of nineteen hundred sixty-five, as amended, or successor
statute offering a two-year, four-year, graduate or professional degree
granting or certificate program. SUCH INSTITUTION SHALL MAINTAIN A
PHYSICAL LOCATION IN THE STATE FOR INSTRUCTIONAL PURPOSES; HOWEVER THE
HEADQUARTERS OF SUCH INSTITUTION NEED NOT BE LOCATED IN THE STATE.
S 2. This act shall take effect immediately.
EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
[ ] is old law to be omitted.
LBD14414-01-2