N.Y. EDN Law § 670-B

§ 670-b. Scholarships for academic excellence. 1. Number and\ncertification. Five thousand scholarships shall be awarded in the\nnineteen hundred ninety-seven--ninety-eight academic year, and eight\nthousand scholarships shall be awarded in the nineteen hundred\nninety-eight--ninety-nine academic year and thereafter. Such\nscholarships shall be allocated as provided in article thirteen of this\nchapter to eligible students certified to the president by the\ncommissioner.\n 2. Duration. A scholarship shall entitle the recipient to an annual\naward for not more than four academic years of undergraduate study, or\nfive academic years, if the program of study normally requires five\nyears as defined by the commissioner pursuant to article thirteen of\nthis chapter.\n 3. Amount. a. (i) For the nineteen hundred ninety-seven--ninety-eight\nacademic year, there shall be two thousand scholarships in the amount of\none thousand dollars each and there shall be three thousand scholarships\nin the amount of five hundred dollars each.\n (ii) For the nineteen hundred ninety-eight--ninety-nine academic year\nand thereafter, there shall be two thousand scholarships in the amount\nof one thousand five hundred dollars each and there shall be six\nthousand scholarships in the amount of five hundred dollars each.\n (iii) Notwithstanding any inconsistent provision of law, students\nawarded one thousand dollar scholarships in the nineteen hundred\nninety-seven--ninety-eight academic year shall be entitled in the\nnineteen hundred ninety-eight--ninety-nine academic year and thereafter\nto an annual award of one thousand five hundred dollars.\n b. In no event shall the amount of the annual award exceed the\nrecipient's cost of attendance at the institution attended. Cost of\nattendance shall mean tuition, required fees, laboratory and other\ninstruction related expenses, books, transportation, room and board.\nAnything in this article to the contrary notwithstanding, a recipient of\na scholarship may concurrently receive with such award any other\nacademic or general award for which he or she may be eligible provided\nhowever in no event shall a recipient be awarded a scholarship in any\namount where the combination of all such awards would exceed the\nrecipient's cost of attendance at the institution.\n