New York S10445 authorizes the comptroller to develop and administer a scholarship and savings program for children to save for education expenses.

New York S10445 amends the education law to authorize the state comptroller, in consultation with the New York State Higher Education Services Corporation, to develop and administer a scholarship and savings program. This program aims to provide a pathway for eligible children to save for education expenses. The comptroller will serve as the account holder for accounts within the scholarship program to fund scholarships for persons whose identity will be determined by the program.

New York S10445 authorizes the comptroller to develop and administer a scholarship and savings program for children to save for education expenses.

New York S10445 amends the education law to authorize the state comptroller, in consultation with the New York State Higher Education Services Corporation, to develop and administer a scholarship and savings program. This program aims to provide a pathway for eligible children to save for education expenses. The comptroller will serve as the account holder for accounts within the scholarship program to fund scholarships for persons whose identity will be determined by the program.