S T A T E O F N E W Y O R K
________________________________________________________________________
7567--A
I N S E N A T E
May 15, 2014
___________
Introduced by Sen. LAVALLE -- read twice and ordered printed, and when
printed to be committed to the Committee on Higher Education --
committee discharged, bill amended, ordered reprinted as amended and
recommitted to said committee
AN ACT to amend the education law, in relation to the New York state
science, technology, engineering and mathematics incentive program
THE PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND ASSEM-
BLY, DO ENACT AS FOLLOWS:
Section 1. Subdivision 1 of section 669-e of the education law, as
added by section 1 of part G of chapter 56 of the laws of 2014, is
amended to read as follows:
1. Undergraduate students who are matriculated in an approved under-
graduate program leading to a career in science, technology, engineering
or mathematics at a New York state [public institution of higher educa-
tion] COLLEGE AS DEFINED IN SECTION SIX HUNDRED ONE OF THIS CHAPTER
shall be eligible for an award under this section, provided the appli-
cant: (a) graduates from a high school located in New York state during
or after the two thousand thirteen--fourteen school year; and (b) gradu-
ates within the top ten percent of his or her high school class; and (c)
enrolls in full-time study each term beginning in the fall term after
his or her high school graduation in an approved undergraduate program
in science, technology, engineering or mathematics, as defined by the
corporation, at a New York state [public institution of higher educa-
tion] COLLEGE AS DEFINED IN SECTION SIX HUNDRED ONE OF THIS CHAPTER; and
(d) signs a contract with the corporation agreeing that his or her award
will be converted to a student loan in the event the student fails to
comply with the terms of this program as set forth in subdivision four
of this section; and (e) complies with the applicable provisions of this
article and all requirements promulgated by the corporation for the
administration of the program.
S 2. This act shall take effect immediately.
EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
[ ] is old law to be omitted.
LBD15216-03-4