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Assembly Bill A8415A

2017-2018 Legislative Session

Relates to the matching award and tuition requirements of enhanced tuition awards

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Archive: Last Bill Status - In Assembly Committee

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Bill Amendments

2017-A8415 - Details

See Senate Version of this Bill:
S6607
Current Committee:
Assembly Higher Education
Law Section:
Education Law
Laws Affected:
Amd §667-d, Ed L

2017-A8415 - Summary

Relates to the matching award and tuition requirements of enhanced tuition awards; exempts certain institutions from matching award requirements and allows certain institutions to increase tuition by up to three percent over nine years.

2017-A8415 - Bill Text download pdf

                            
 
                     S T A T E   O F   N E W   Y O R K
 ________________________________________________________________________
 
                                   8415
 
                        2017-2018 Regular Sessions
 
                           I N  A S S E M B L Y
 
                               June 14, 2017
                                ___________
 
 Introduced by M. of A. BRINDISI -- read once and referred to the Commit-
   tee on Higher Education
 
 AN ACT to amend the education law, in relation to the matching award and
   tuition requirements of enhanced tuition awards
 
   THE  PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND ASSEM-
 BLY, DO ENACT AS FOLLOWS:

   Section 1. Subdivisions 5 and 6 of section 667-d of the education law,
 as added by section 1 of part III of chapter 59 of the laws of 2017, are
 amended to read as follows:
   5. Matching awards. Commencing with the  two  thousand  seventeen--two
 thousand  eighteen  academic  year  and thereafter, participating insti-
 tutions shall credit each recipient's remaining tuition expenses  in  an
 amount  equal  to  the recipient's award under this section. Such credit
 shall be applied after the recipient has received an  institutional  aid
 package,  if  any,  to ensure that this program does not reduce institu-
 tional aid that would otherwise be granted.  ANY  INSTITUTION  THAT  HAS
 LOWERED  ITS  TUITION  BY  MORE  THAN FIFTEEN PERCENT OVER THE LAST FIVE
 YEARS SHALL BE EXEMPT FROM HAVING TO PROVIDE SUCH MATCH UNTIL TWO  THOU-
 SAND TWENTY-SIX.
   6.  Tuition. The rate of tuition charged to an individual receiving an
 award shall not be increased for the duration of time that such individ-
 ual receives an award. PROVIDED, HOWEVER, THAT SUCH REQUIREMENT  NOT  TO
 INCREASE  TUITION  SHALL  BE WAIVED FOR ANY INSTITUTION THAT HAS LOWERED
 ITS TUITION BY MORE THAN FIFTEEN  PERCENT  OVER  THE  LAST  FIVE  YEARS,
 PROVIDED  THAT  THE  TUITION  LEVEL  CHARGED  BY SUCH INSTITUTION IS NOT
 INCREASED BY MORE THAN THREE PERCENT PER YEAR OVER THE NEXT NINE YEARS.
   § 2. This act shall take effect immediately.
 
 
  EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
                       [ ] is old law to be omitted.
                                                            LBD13081-03-7


              

2017-A8415A (ACTIVE) - Details

See Senate Version of this Bill:
S6607
Current Committee:
Assembly Higher Education
Law Section:
Education Law
Laws Affected:
Amd §667-d, Ed L

2017-A8415A (ACTIVE) - Summary

Relates to the matching award and tuition requirements of enhanced tuition awards; exempts certain institutions from matching award requirements and allows certain institutions to increase tuition by up to three percent over nine years.

2017-A8415A (ACTIVE) - Bill Text download pdf

                            
 
                     S T A T E   O F   N E W   Y O R K
 ________________________________________________________________________
 
                                  8415--A
 
                        2017-2018 Regular Sessions
 
                           I N  A S S E M B L Y
 
                               June 14, 2017
                                ___________
 
 Introduced by M. of A. BRINDISI -- read once and referred to the Commit-
   tee 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 matching award and
   tuition requirements of enhanced tuition awards

   THE  PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND ASSEM-
 BLY, DO ENACT AS FOLLOWS:
 
   Section 1. Subdivisions 4, 5 and 6 of section 667-d of  the  education
 law,  as  added  by  section  1 of part III of chapter 59 of the laws of
 2017, are amended to read as follows:
   4. Amount. Within the  amounts  appropriated  therefor  and  based  on
 availability  of  funds,  awards shall be granted beginning with the two
 thousand seventeen--two thousand eighteen academic year  and  thereafter
 to  applicants  that  the  corporation  has  determined  are eligible to
 receive such awards. The amount of the award under this program shall be
 such that the sum of the  award  plus  a  student's  tuition  assistance
 program  award  pursuant  to  section  six  hundred  sixty-seven of this
 subpart plus the institution's matching award  pursuant  to  subdivision
 five  of this section shall equal six thousand dollars.  ANY INSTITUTION
 THAT HAS LOWERED ITS TUITION BY MORE THAN FIFTEEN PERCENT OVER THE  LAST
 FIVE  YEARS  SHALL BE EXEMPT FROM HAVING TO PROVIDE SUCH MATCH UNTIL TWO
 THOUSAND TWENTY-SIX AND PROVIDED THAT SUCH  AMOUNT  OF  AWARD  SHALL  BE
 ADJUSTED AS IF SUCH MATCH HAD BEEN PROVIDED.
   5.  Matching  awards.  Commencing with the two thousand seventeen--two
 thousand eighteen academic year  and  thereafter,  participating  insti-
 tutions  shall  credit each recipient's remaining tuition expenses in an
 amount equal to the recipient's award under this  section.  Such  credit
 shall  be  applied after the recipient has received an institutional aid
 package, if any, to ensure that this program does  not  reduce  institu-
 tional  aid  that  would  otherwise be granted. ANY INSTITUTION THAT HAS
 LOWERED ITS TUITION BY MORE THAN FIFTEEN  PERCENT  OVER  THE  LAST  FIVE
 
  EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
                       [ ] is old law to be omitted.
              

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