(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.