(a) The annual award shall be five hundred dollars, but if the income
exceeds one thousand eight hundred dollars, the award shall be reduced
by one dollar for each ten dollars, or part thereof, of the excess. The
minimum award shall be two hundred dollars. If the annual amount of
tuition and educational fees payable by the student is more than three
hundred fifty dollars, the award shall not exceed the amount of such
tuition and fees; if the amount of such tuition and educational fees is
three hundred fifty dollars, or less, the award shall not exceed three
hundred fifty dollars.
(b) The annual award for any scholarship awarded pursuant to this
section and effective subsequent to the nineteen hundred
seventy-three--nineteen hundred seventy-four school year shall be two
hundred fifty dollars. Provided, however, in the case of any student
who has received an award effective with the nineteen hundred
seventy-four--nineteen hundred seventy-five school year, if the award of
two hundred fifty dollars when combined with any award made pursuant to
the provisions of subdivision four of section six hundred sixty-seven of
this article would be less than the total of the combined awards he
might otherwise be entitled to receive pursuant to the provisions of
paragraph (a) of this subdivision and of subdivision three of section
six hundred sixty-seven, he shall be entitled to receive the combined
amount computed pursuant to the provisions of paragraph (a) of this
subdivision and of subdivision three of section six hundred sixty-seven.
Structure New York Laws
Article 14 - New York State Higher Education Services Corporation
Part 2 - Student Financial Aid
Sub Part 3 - Academic Performance Awards
670 - Regents College Scholarships.
670-A - Empire State Scholarships of Excellence.
670-B - Scholarships for Academic Excellence.
671 - Regents Professional Education in Nursing Scholarships.
672 - Regents Professional Education in Medicine or Dentistry Scholarships.
672-A - Regents Professional Education in Optometry Scholarships.
672-B - Regents Professional Education in Veterinary Medicine Scholarships.
673 - Regents Physician Shortage Scholarships.
674 - Regents Veterans With War Service Scholarships.
675 - Empire State Challenger Scholarships for Teachers.
676 - Empire State Challenger Fellowships for Teachers.
677 - Regents Physician Loan Forgiveness Program.
677-A - Physician Loan Repayment Program.
678 - Regents Health Care Professional Opportunity Scholarships.