§ 689-A — Tuition credits

* § 689-a. Tuition credits. 1. The New York state higher education\nservices corporation shall calculate a tuition credit for each resident\nundergraduate student who has filed an application with such corporation\nfor a tuition assistance program award pursuant to section six hundred\nsixty-seven of this article, and is determined to be eligible to receive\nsuch award, and is also enrolled in a program of undergraduate study at\na state operated or senior college of the state university of New York\nor the city university of New York where the annual resident\nundergraduate tuition rate will exceed the maximum tuition assistance\nprogram award pursuant to subitem (a) of item one of clause (A) of\nsubparagraph (i) of paragraph a of subdivision three of section six\nhundred sixty-seven of this article. Such tuition credit shall be\ncalculated for each semester, quarter or term of study that tuition is\ncharged and tuition for the corresponding semester, quarter or term\nshall not be due for any student eligible to receive such tuition credit\nuntil such credit is calculated, the student and school where the\nstudent is enrolled is notified of the tuition credit amount, and such\ntuition credit is applied toward the tuition charged.\n 2. Each tuition credit pursuant to this section shall be an amount\nequal to the product of the total annual resident undergraduate tuition\nrate minus the maximum tuition assistance program award pursuant to\nsubitem (a) of item one of clause (A) of subparagraph (i) of paragraph a\nof subdivision three of section six hundred sixty-seven of this article\nthen multiplied by an amount equal to the product of the total annual\naward for the student pursuant to section six hundred sixty-seven of\nthis article divided by an amount equal to the maximum amount the\nstudent qualifies to receive pursuant to clause (A) of subparagraph (i)\nof paragraph a of subdivision three of section six hundred sixty-seven\nof this article.\n * NB Repealed July 1, 2027\n