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NY A00025
Bill
Status
1/4/2023
Primary Sponsor
William Magnarelli
Click for details
AI Summary
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Expands Regents professional education scholarships to include nursing students alongside medicine and dentistry, awarding 2,000 scholarships annually to nursing students beginning professional study.
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Establishes a Regents physician and nursing loan forgiveness program that awards loan forgiveness to nurses and physicians who agree to practice in designated shortage areas of New York State.
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Requires nurses receiving loan forgiveness awards to be registered professional nurses as defined in Education Law section 6903 and to practice in shortage areas for 12 months for each annual payment received.
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Limits the Regents physician and nursing loan forgiveness program to 80 awards annually, with each award consisting of two consecutive annual payments of up to $10,000 or the total undergraduate and nursing school student loan expense, whichever is less.
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Takes effect on July 1 following enactment.
Legislative Description
Provides for the award of regents scholarships and loan forgiveness for nurses on the same terms as physicians; applies to registered professional nurses as defined in section 6903 of the education law.
Last Action
referred to higher education
1/3/2024