N.Y. EDN Law § 669-F

§ 669-f. New York state masters-in-education teacher incentive\nscholarship program. 1. Eligibility. Students who are matriculated in\nan approved master's degree in education program at a New York state\ncollege, as defined in subdivision two of section six hundred one of\nthis title, leading to a career as a teacher in public elementary,\nsecondary, or early childhood education shall be eligible for an award\nunder this section, provided the applicant: (a) earned an undergraduate\ndegree from a college located in New York state; (b) was a New York\nstate resident while earning such undergraduate degree; (c) achieved\nacademic excellence as an undergraduate student, as defined by the\ncorporation in regulation; (d) enrolls in full-time study in an approved\nmaster's degree in education program at a New York state college, as\ndefined in subdivision two of section six hundred one of this title,\nleading to a career as a teacher in public elementary, secondary or\nearly childhood education; (e) signs a contract with the corporation\nagreeing to teach in a classroom setting on a full-time basis for five\nyears in a school located within New York state providing public\nelementary, secondary or early childhood education recognized by the\nboard of regents or the university of the state of New York, including\ncharter schools authorized pursuant to article fifty-six of this\nchapter; and (f) complies with the applicable provisions of this article\nand all requirements promulgated by the corporation for the\nadministration of the program.\n 1-a. Preference for scholarship awards. Preference for the award of\nscholarships shall be given to eligible students matriculated at public\ncolleges, as defined in subdivision two of section six hundred one of\nthis title, in New York state. Remaining scholarships may be awarded to\nother eligible students matriculated at private colleges, as defined in\nsubdivision two of section six hundred one of this title, in New York\nstate.\n 2. Within amounts appropriated therefor, awards shall be granted to\napplicants that the corporation has certified are eligible to receive\nsuch awards. Up to five hundred awards may be granted to new recipients\nannually. Such awards shall be granted upon successful completion of\neach term, as defined by the corporation.\n 3. An award shall entitle the recipient to annual payments for not\nmore than two academic years of full-time graduate study leading to\ncertification as an elementary, secondary or early childhood teacher.\n 4. The corporation shall grant such awards in an amount equal to the\nannual tuition charged to state resident students attending a graduate\nprogram full-time at the state university of New York, or actual tuition\ncharged, whichever is less; provided, however, (i) a student who\nreceives educational grants and/or scholarships that cover the student's\nfull cost of attendance shall not be eligible for an award under this\nprogram; (ii) for a student who receives educational grants and/or\nscholarships that cover less than the student's full cost of attendance,\nsuch grants and/or scholarships shall not be deemed duplicative of this\nprogram and may be held concurrently with an award under this program,\nprovided that the combined benefits do not exceed the student's full\ncost of attendance; and (iii) an award under this program shall be\napplied to tuition after the application of all other educational grants\nand scholarships limited to tuition and shall be reduced in an amount\nequal to such educational grants and/or scholarships. Upon notification\nof an award under this program, the institution shall defer the amount\nof tuition equal to the award. No award shall be final until the\nrecipient's successful completion of a term has been certified by the\ninstitution. A recipient of an award under this program shall not be\neligible for an award under the New York state math and science teaching\nincentive program.\n 5
ips. Upon notification\nof an award under this program, the institution shall defer the amount\nof tuition equal to the award. No award shall be final until the\nrecipient's successful completion of a term has been certified by the\ninstitution. A recipient of an award under this program shall not be\neligible for an award under the New York state math and science teaching\nincentive program.\n 5. The corporation shall convert to a student loan the full amount of\nthe award granted pursuant to this section, plus interest, according to\na schedule to be determined by the corporation if: (a) two years after\nthe completion of the degree program and receipt of initial\ncertification it is found that a recipient is neither teaching in a\npublic school located within New York state providing elementary or\nsecondary education recognized by the board of regents or the university\nof the state of New York, including charter schools authorized pursuant\nto article fifty-six of this chapter, nor employed by an eligible agency\nas defined by paragraph b of subdivision one of section thirty-six\nhundred two-e of this chapter; (b) a recipient has neither taught in a\npublic school located within New York state providing elementary or\nsecondary education recognized by the board of regents or the university\nof the state of New York, including charter schools authorized pursuant\nto article fifty-six of this chapter, nor been employed by an eligible\nagency as defined by paragraph b of subdivision one of section\nthirty-six hundred two-e of this chapter, for five of the seven years\nafter the completion of the graduate degree program and receipt of\ninitial certification; (c) a recipient fails to complete their graduate\ndegree program in education; (d) a recipient fails to receive or\nmaintain their teaching certificate or license in New York state for the\nrequired period; or (e) a recipient fails to respond to requests by the\ncorporation for the status of their academic or professional progress.\nThe terms and conditions of this subdivision shall be deferred for any\ninterruption in graduate study or employment as established by the rules\nand regulations of the corporation. Any obligation to comply with such\nprovisions as outlined in this section shall be cancelled upon the death\nof the recipient. Notwithstanding any provisions of this subdivision to\nthe contrary, the corporation is authorized to promulgate rules and\nregulations to provide for the waiver or suspension of any financial\nobligation which would involve extreme hardship.\n 6. The corporation is authorized to promulgate rules and regulations,\nand may promulgate emergency regulations, necessary for the\nimplementation of the provisions of this section including, but not\nlimited to, the criteria for the provision of awards on a competitive\nbasis, and the rate of interest charged for repayment of the student\nloan.\n