NY Educ L § 679-G (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-G - New York State Get on Your Feet Loan Forgiveness Program.

§  679-g. New York state get on your feet loan forgiveness program. 1.   Purpose. The president shall grant student loan forgiveness  awards  for   the  purpose  of alleviating the burden of federal student loan debt for   recent New York state college graduates.2. Eligibility. To be eligible for an award pursuant to this  section,   an applicant shall: (a) have graduated from a high school located in New   York  state  or  attended an approved New York state program for a state   high  school  equivalency  diploma  and  received   such   high   school   equivalency  diploma;  (b)  have graduated and obtained an undergraduate   degree from a college or university with its headquarters located in New   York state in or after the two thousand fourteen--fifteen academic year;   (c) apply for this program within two years of  obtaining  such  degree;   (d)  be  a  participant  in a federal income-driven repayment plan whose   payment amount is generally ten percent  of  discretionary  income;  (e)   have  income  of  less  than  fifty  thousand  dollars;  (f) comply with   subdivisions three and five of section six  hundred  sixty-one  of  this   part;  and (g) work in New York state, if employed. For purposes of this   program, "income" shall be  the  total  adjusted  gross  income  of  the   applicant and the applicant's spouse, if applicable.3.  Awards.  An  applicant  whose  annual  income  is  less than fifty   thousand dollars shall be eligible to receive  an  award  equal  to  one   hundred  percent  of  his or her monthly federal income-driven repayment   plan payments for twenty-four months  of  repayment  under  the  federal   program.   Provided, however, that the awards granted under this section   shall be deferred for a recipient who has been granted  a  deferment  or   forbearance   under  the  federal  income-driven  repayment  plan.  Upon   completion of such deferment or forbearance period, such recipient shall   be eligible to receive an award for the remaining time period under this   subdivision. A recipient who is not a resident of New York state at  the   time  any payment is made under this program shall be required to refund   such payments to the state.  The  corporation  shall  be  authorized  to   recover   such   payments  in  accordance  with  rules  and  regulations   promulgated by the corporation.  A  student  who  is  delinquent  or  in   default  on  a  student  loan made under any statutory New York state or   federal education loan program or has failed to comply with the terms of   a service condition imposed by an award made pursuant to this article or   has failed to repay an award shall be ineligible  to  receive  an  award   under this program until such delinquency, default or failure is cured.4.  Rules and regulations. The corporation is authorized to promulgate   rules  and  regulations,  and  may  promulgate   emergency   regulations   necessary for the implementation of the provisions of this section.