2016 New York Laws
EDN - Education
Title 1 - GENERAL PROVISIONS
Article 14 - NEW YORK STATE HIGHER EDUCATION SERVICES CORPORATION
Part 4 - (686 - 689-A) MISCELLANEOUS PROVISIONS
689-A - Tuition credits.

*   689-a.  Tuition  credits.  1. The New York state higher education
  services corporation shall calculate a tuition credit for each  resident
  undergraduate student who has filed an application with such corporation
  for  a  tuition assistance program award pursuant to section six hundred
  sixty-seven of this article, and is determined to be eligible to receive
  such award, and is also enrolled in a program of undergraduate study  at
  a  state  operated or senior college of the state university of New York
  or  the  city  university  of  New  York  where  the   annual   resident
  undergraduate  tuition  rate  will  exceed  five  thousand dollars. Such
  tuition credit shall be calculated for each semester, quarter or term of
  study  that  tuition  is  charged  and  tuition  for  the  corresponding
  semester,  quarter  or term shall not be due for any student eligible to
  receive such tuition credit until such credit is calculated, the student
  and school where the student is enrolled  is  notified  of  the  tuition
  credit  amount,  and  such  tuition credit is applied toward the tuition
  charged.
2. Each tuition credit pursuant to this section  shall  be  an  amount
  equal  to the product of the total annual resident undergraduate tuition
  rate minus five thousand dollars then multiplied by an amount  equal  to
  the  product  of  the  total  annual  award  for the student pursuant to
  section six hundred sixty-seven of this article  divided  by  an  amount
  equal to the maximum amount the student qualifies to receive pursuant to
  clause  (A)  of  subparagraph (i) of paragraph a of subdivision three of
  section six hundred sixty-seven of this article.
* NB Repealed July 1, 2017