NY Educ L § 679-C (2021)
2021 New York Laws EDN - Education Title 1 - General Provisions Article 14 - New York State Higher Education Services Corporation Part 2 - Student Financial Aid Sub Part 4 - Other Awards 679-C - Senator Patricia K. Mcgee Nursing Faculty Scholarship Program.

§  679-c.  Senator  Patricia  K.  McGee  nursing  faculty  scholarship   program. 1. Purpose:a. The president shall grant scholarship awards  for  the  purpose  of   increasing the number of educators and adjunct clinical faculty teaching   in  the  field of nursing education in New York state. Such awards shall   be made on a  competitive  basis,  as  promulgated  by  the  corporation   through   rules   and  regulations  to  applicants  who  are  registered   professional nurses and are enrolling in an approved program to obtain a   master's degree in nursing or a doctoral degree that will  qualify  them   as nursing faculty or adjunct clinical faculty.b.  To  be  eligible  for  an  award  pursuant  to  this  subdivision,   applicants shall (1) be a licensed registered nurse in New  York  state;   (2)  enroll  in  a master's degree program in nursing or doctoral degree   program that will qualify them as nursing faculty  or  adjunct  clinical   faculty  in  New  York state; (3) agree to practice in New York state as   nursing faculty upon completion of such degree program; and  (4)  comply   with  subdivisions  three  and  five of section six hundred sixty-one of   this part.2. Award conditions and requirements. Scholarships shall be awarded on   a competitive basis as promulgated by the corporation through rules  and   regulations  to  applicants  whom  the  corporation  has  certified  are   eligible to receive such awards; and who agree to provide not less  than   twelve  academic  credit  hours  or its equivalent as nursing faculty or   clinical teaching service for the duration of at least four  years  upon   completion of the degree program.3.  Amount. The corporation shall grant such awards within the amounts   appropriated for  such  purpose  and  based  on  availability  of  funds   according  to  a  schedule  to  be  determined  by the corporation in an   amount:a. equal to the tuition charged to state resident students attending a   master's degree program in nursing or doctoral degree program that  will   qualify them as nursing faculty or adjunct clinical faculty at the state   university  of New York; the average mandatory fees charged at the state   university of New York, or the actual tuition and fees  charged  to  the   recipient,  whichever  is  less;  and  the  average  non-tuition cost of   attendance, as determined by the corporation  and  as  approved  by  the   director  of  the  budget,  for a student at the state university of New   York or actual non-tuition  cost  of  attendance  at  such  institution,   whichever  is  less,  provided  that the scholarship shall not exceed an   amount that is equal to the total  cost  of  attendance  determined  for   federal  Title  IV  student  financial  aid  purposes,  less  all  other   scholarships and grants provided by New York state,  other  states,  the   federal  government, or other governments, and the amount of educational   benefits paid under any program that would  duplicate  the  purposes  of   this  program,  provided  that  any scholarships or grants provided to a   recipient by the institution which are intended to fund any  portion  of   the  difference  between  the annual state award and the actual costs of   attendance at any such institution shall not be considered to  duplicate   the purposes of this program.b.  The  total  cost  of the Senator Patricia K. McGee nursing faculty   scholarship program shall not exceed  an  annual  cost  of  two  million   dollars, and no annual award shall exceed twenty thousand dollars.4. Other awards. Award recipients shall be eligible to apply for other   awards.5.  Penalties for noncompliance. a. The corporation shall convert to a   student loan the full  amount  of  the  award  given  pursuant  to  this   section,  plus interest, according to a schedule to be determined by the   corporation if: (1) three years  after  the  completion  of  the  degree    program  it  is found that an applicant did not begin to provide nursing   faculty or clinical nurse faculty services; (2) if such  applicant  does   not  provide  nursing  faculty  or clinical nursing faculty services for   four  years  within seven years of the completion of the master's degree   program in nursing or doctoral degree;  or  (3)  the  student  fails  to   receive  a  master's  degree  in  nursing  or  doctoral degree that will   qualify them as nursing faculty or adjunct clinical faculty  within  the   three  years  of  receiving  the award. The terms and conditions of this   subdivision shall be  deferred  for  any  interruption  in  graduate  or   doctoral study or employment as established by the rules and regulations   of  the  corporation.  Any  obligation to comply with such provisions as   outlined in this section shall  be  cancelled  upon  the  death  of  the   recipient.  Notwithstanding  any  provisions  of this subdivision to the   contrary,  the  corporation  is  authorized  to  promulgate  rules   and   regulations  to  provide  for  the waiver or suspension of any financial   obligation which would involve extreme hardship.b. The rate of interest charged for  repayment  of  the  student  loan   shall be determined pursuant to rules and regulations promulgated by the   corporation.