Allows for a modest increase in annual income, not greater than three percent per year, to not disqualify someone from the excelsior scholarship.
New York A07938 amends the education law to allow for a modest increase in annual income, not greater than three percent per year, to not disqualify someone from the excelsior scholarship. The bill specifies that the adjusted gross income of the applicant and their parents or spouse can increase by up to three percent annually after the first semester of the scholarship, provided the increase does not disqualify the applicant. This act takes effect immediately.
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