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NY A42002
Bill
Status
11/29/2010
Primary Sponsor
Rules
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AI Summary
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Implements the 2010-2011 education budget through multiple parts addressing school funding, aid programs, and eligibility requirements effective July 1, 2010 or immediately as specified.
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Part A modifies school district aid formulas including foundation aid, charter school payments, and gap elimination adjustments; extends various education programs including universal pre-kindergarten and library funding through 2011-2015.
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Part B restricts tuition assistance and student loan eligibility for students in default on education loans or who fail to comply with service conditions on awards already received.
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Parts C-D adjust Tuition Assistance Program (TAP) income thresholds and definitions to include private employer pension income and modify base award amounts for students with spouses but no dependents.
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Parts E-G extend the nursing faculty loan forgiveness program through 2015, extend regents physician loan forgiveness through 2010-11, and expand TAP eligibility to full-time undergraduate students at private nonprofit institutions meeting specified criteria.
Legislative Description
Enacts into law major components of legislation which are necessary to implement the Education, Labor and Family Assistance Budget for the 2010-2011 state fiscal year (part A); places restrictions on eligibility to receive awards and loans; repealer (part B); relates to tuition assistance program awards for those students who have been granted an exclusion of parental income who have a spouse but no other dependent (part C); amends the definition of income for purposes of TAP awards (part D); extends the effectiveness of the nursing loan forgiveness incentive program (part E); amends provisions of chapter 31 of the laws of 1985 relating to the effectiveness of regents scholarships in certain professions (part F); relates to eligibility requirements for student financial aid (part G).
Last Action
referred to ways and means
11/29/2010