New York Education Law Section 670-B - Scholarships for academic excellence.

  670-b.  Scholarships  for  academic  excellence.    1.  Number  and
  certification. Five  thousand  scholarships  shall  be  awarded  in  the
  nineteen  hundred  ninety-seven--ninety-eight  academic  year, and eight
  thousand  scholarships  shall  be  awarded  in  the   nineteen   hundred
  ninety-eight--ninety-nine   academic   year   and   thereafter.     Such
  scholarships shall be allocated as provided in article thirteen of  this
  chapter   to  eligible  students  certified  to  the  president  by  the
  commissioner.
2. Duration. A scholarship shall entitle the recipient  to  an  annual
  award  for  not more than four academic years of undergraduate study, or
  five academic years, if the program  of  study  normally  requires  five
  years  as  defined  by  the commissioner pursuant to article thirteen of
  this chapter.
3. Amount. a. (i) For the nineteen hundred  ninety-seven--ninety-eight
  academic year, there shall be two thousand scholarships in the amount of
  one thousand dollars each and there shall be three thousand scholarships
  in the amount of five hundred dollars each.
(ii)  For the nineteen hundred ninety-eight--ninety-nine academic year
  and thereafter, there shall be two thousand scholarships in  the  amount
  of  one  thousand  five  hundred  dollars  each  and  there shall be six
  thousand scholarships in the amount of five hundred dollars each.
(iii) Notwithstanding any  inconsistent  provision  of  law,  students
  awarded  one  thousand  dollar  scholarships  in  the  nineteen  hundred
  ninety-seven--ninety-eight  academic  year  shall  be  entitled  in  the
  nineteen hundred ninety-eight--ninety-nine academic year  and thereafter
  to an annual award of one thousand five hundred dollars.
b.  In  no  event  shall  the  amount  of  the annual award exceed the
  recipient's cost of attendance at the institution  attended.    Cost  of
  attendance  shall  mean  tuition,  required  fees,  laboratory and other
  instruction related expenses, books,  transportation,  room  and  board.
  Anything in this article to the contrary notwithstanding, a recipient of
  a  scholarship  may  concurrently  receive  with  such  award  any other
  academic or general award for which he or she may be  eligible  provided
  however  in  no  event shall a recipient be awarded a scholarship in any
  amount where the  combination  of  all  such  awards  would  exceed  the
  recipient's cost of attendance at the institution.

Last modified: February 3, 2019