New York Codes, Rules and Regulations › Title 8 - EDUCATION DEPARTMENT › Chapter XX - Higher Education Services Corporation › Subchapter C - General Awards, Academic Performance Awards, Fellowships and Other Awards › Part 2207 - Awards For Part-time Students › Section 2207.2 - Institutional participation

Current through Register Vol. 46, No. 28, July 10, 2024
(a)
				  Participating institutions. Institutions which offer undergraduate degrees and
				  participate in the tuition assistance program are eligible to participate in
				  the award program under this Part; provided, however, that the tuition for the
				  program in which a student is enrolled totals at least $100 per year. In order
				  to be eligible, an institution must file, pursuant to section
				  2207.3  of this Part,
				  an annual application on forms prescribed by the president.
(b) Institutional allocation of funds. The
				  total amount of funds for awards at a participating institution for an academic
				  year shall be that amount determined by multiplying the annual total
				  appropriation for this program by a ratio whose numerator shall be the
				  undergraduate part-time degree credit enrollment at the institution during the
				  preceding academic year and whose denominator shall be the aggregate
				  undergraduate part-time degree credit enrollment at all participating
				  institutions in such academic year.
(c) Selection of award recipients.
				  Institutions shall select recipients from those candidates who fulfill the
				  criteria set forth in section
				  2207.1 
				  of this Part. Prior to submission of a recipient to the corporation, the
				  institution must obtain a complete application, as required by section
				  2207.1(a) 
				  of this Part, from each recipient. Institutions shall consider those eligible
				  students who demonstrate the greatest amount of financial need remaining after
				  all available grants have been applied to educational costs, and shall give
				  preference, where possible, to students who would be otherwise unable to
				  attempt or continue postsecondary education. The total number of recipients and
				  the amount of awards shall be limited by the institutional allocation of funds
				  pursuant to subdivision 8 of section 666  of the Education Law.
(d) Amount of awards. The amount of the award
				  shall be determined by the participating institution, subject to the following
				  limitations:
(1) The annual award shall be in
				  an amount up to $2,000, or tuition, whichever is less.
(2) The award for any term shall not exceed
				  the lesser of: that proportion of $2,000 equal to the proportion the term bears
				  to the academic year (i.e., $1,000 per semester, $666.66 per quarter or the
				  equivalent), and the tuition charge for that term. However, in no event shall
				  the total of the awards received by an individual for an academic year exceed
				  $2,000, or tuition, whichever is less.
(3) In no event shall the award for a term
				  exceed the amount by which the tuition, exclusive of educational fees, payable
				  by the student exceeds the total of all other State, Federal or other
				  educational aid which the commissioner has identified by regulation as
				  duplicative of the purposes of tuition awards pursuant to this Part.