New York A05539 increases the phase-out threshold for tuition assistance program awards from $7,000 to $18,000.
New York A05539 amends the education law to increase the phase-out threshold for tuition assistance program awards from $7,000 to $18,000. This change affects the income-based reduction of the base amount for tuition assistance awards. The bill specifies a new schedule of reductions based on income levels, with no reduction for incomes below $18,000. The act will take effect 180 days after it becomes law.
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