New York Consolidated Laws, Education Law - EDN § 679. Regents professional opportunity scholarships

1. Number and certification. Two hundred twenty regents professional opportunity scholarships shall be awarded each year. Such scholarships shall be allocated as provided in article thirteen of this chapter to eligible students as certified to the president by the commissioner.

2. Duration. No recipient shall be eligible to receive an award pursuant to this section for more than four academic years unless enrolled in a program of study recognized by the regents as normally requiring more than four years to complete.

3. Amount. The president shall make academic year awards in amounts provided in this subdivision. The academic year award shall be up to five thousand dollars provided however that if family income of the applicant exceeds an amount established by the regents and approved by the director of the division of the budget for an economically disadvantaged applicant, the award shall be reduced by the amount of one dollar for each four dollars, or part thereof, of the excess, provided, however, that in no event shall the award be less than one thousand dollars, and no award shall exceed the actual costs of attendance. Costs of attendance shall include tuition, required fees, laboratory and other instruction related expenses, books, transportation, room and board.