§ 669-D — New York state math and science teaching incentive program

§ 669-d. New York state math and science teaching incentive program.\n1. Eligibility. Notwithstanding subdivision five of section six hundred\nsixty-one of this part, undergraduate and/or graduate students who are\nmatriculated in an approved undergraduate or graduate program at degree\ngranting institutions leading to a career as a math or science teacher\nin secondary education shall be eligible for an award under this\nsection, provided the applicant: (a) signs a contract with the\ncorporation agreeing to teach in the classroom on a full-time basis for\nfive years in the field of math or science in a school located within\nNew York state providing secondary education recognized by the board of\nregents or the university of the state of New York; and (b) complies\nwith the applicable provisions of this article and all requirements\npromulgated by the corporation for the administration of the program.\n 2. Within amounts appropriated therefor, awards shall be granted to\napplicants that the corporation has certified are eligible to receive\nsuch awards. Up to five hundred awards may be made to new recipients\nannually. Such awards shall be made to recipients after the successful\ncompletion of each academic year, as defined by the corporation.\n 3. An award shall entitle the recipient to annual payments for not\nmore than four academic years of full-time undergraduate study and one\nacademic year of full-time graduate study leading to certification as a\nclassroom teacher in mathematics or science.\n 4. Recipients shall receive an annual payment for the successful\ncompletion of an academic year, equal to the annual tuition charged to\nstate resident students attending an undergraduate program full-time at\nthe state university of New York, or actual tuition charged, whichever\nis less.\n 5. The corporation shall convert to a student loan the full amount of\nthe award given pursuant to this section, plus interest, according to a\nschedule to be determined by the corporation if: (a) two years after the\ncompletion of the degree program and receipt of initial certification it\nis found that a recipient is not teaching in the field of math or\nscience in a school located within New York state providing secondary\neducation recognized by the board of regents or the university of the\nstate of New York; or (b) a recipient has not taught in the field of\nmath or science in a school located within New York state providing\nsecondary education recognized by the board of regents or the university\nof the state of New York for five of the seven years after the\ncompletion of the degree program and receipt of initial certification;\nor (c) a recipient fails to complete their degree program or changes\nmajors to an undergraduate degree program other than in science or math;\nor (d) a recipient fails to receive or maintain their teaching\ncertificate or license in New York state; or (e) a recipient fails to\nrespond to requests by the corporation for the status of his or her\nacademic or professional progress. The terms and conditions of this\nsubdivision shall be deferred for any interruption in undergraduate or\ngraduate study or employment as established by the rules and regulations\nof the corporation. Any obligation to comply with such provisions as\noutlined in this section shall be cancelled upon the death of the\nrecipient. Notwithstanding any provisions of this subdivision to the\ncontrary, the corporation is authorized to promulgate rules and\nregulations to provide for the waiver or suspension of any financial\nobligation which would involve extreme hardship.\n 6. The corporation is authorized to promulgate rules and regulations\nnecessary for the implementation of the provisions of this section,\nincluding the criteria for the provision of awards on a competitive\nbasis and the rate of interest charged for repayment of the student\nloan.\n