Allows for a modest increase in annual income, not greater than three percent per year, to not disqualify someone from the excelsior scholarship.

This bill 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 scholarship is for students attending a New York state public institution of higher education. The bill specifies that the income increase is allowed after the first semester of the scholarship and may increase further if the corporation determines it will not disqualify the applicant.

Allows for a modest increase in annual income, not greater than three percent per year, to not disqualify someone from the excelsior scholarship.

This bill 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 scholarship is for students attending a New York state public institution of higher education. The bill specifies that the income increase is allowed after the first semester of the scholarship and may increase further if the corporation determines it will not disqualify the applicant.