NY A02288

Establishes a State University of New York (SUNY) pilot program to educate college students on career opportunities in the financial planning industry, to be created by the board of trustees either independently or in partnership with an external company.

Requires the pilot program to partner with campus multi-cultural centers, career counseling centers, and other necessary campus resources to ensure diverse student involvement.

Mandates pilot program components including paid internships at approved financial institutions, career counseling, preparation for the security industry essentials exam, and a minimum 2.8 grade point average requirement on a 4.0 scale.

Establishes eligibility criteria for participating financial institutions, including submission of an application, attendance at mandatory virtual orientation, agreement to pay students at a board-determined wage, maintenance of an approved student-to-mentor ratio, and submission of mid-semester and final performance reviews.

Requires the board of trustees to report to the legislature within one year of the effective date and annually thereafter on the program's effectiveness; the program expires and is repealed three years after the effective date.