§ 679-c. Senator Patricia K. McGee nursing faculty scholarship
program. 1. Purpose:

a. The president shall grant scholarship awards for the purpose of
increasing the number of educators and adjunct clinical faculty teaching
in the field of nursing education in New York state. Such awards shall
be made on a competitive basis, as promulgated by the corporation
through rules and regulations to applicants who are registered
professional nurses and are enrolling in an approved program to obtain a
master's degree in nursing or a doctoral degree that will qualify them
as nursing faculty or adjunct clinical faculty.

b. To be eligible for an award pursuant to this subdivision,
applicants shall (1) be a licensed registered nurse in New York state;
(2) enroll in a master's degree program in nursing or doctoral degree
program that will qualify them as nursing faculty or adjunct clinical
faculty in New York state; (3) agree to practice in New York state as
nursing faculty upon completion of such degree program; and (4) comply
with subdivisions three and five of section six hundred sixty-one of
this part.

2. Award conditions and requirements. Scholarships shall be awarded on
a competitive basis as promulgated by the corporation through rules and
regulations to applicants whom the corporation has certified are
eligible to receive such awards; and who agree to provide not less than
twelve academic credit hours or its equivalent as nursing faculty or
clinical teaching service for the duration of at least four years upon
completion of the degree program.

3. Amount. The corporation shall grant such awards within the amounts
appropriated for such purpose and based on availability of funds
according to a schedule to be determined by the corporation in an
amount:

a. equal to the tuition charged to state resident students attending a
master's degree program in nursing or doctoral degree program that will
qualify them as nursing faculty or adjunct clinical faculty at the state
university of New York; the average mandatory fees charged at the state
university of New York, or the actual tuition and fees charged to the
recipient, whichever is less; and the average non-tuition cost of
attendance, as determined by the corporation and as approved by the
director of the budget, for a student at the state university of New
York or actual non-tuition cost of attendance at such institution,
whichever is less, provided that the scholarship shall not exceed an
amount that is equal to the total cost of attendance determined for
federal Title IV student financial aid purposes, less all other
scholarships and grants provided by New York state, other states, the
federal government, or other governments, and the amount of educational
benefits paid under any program that would duplicate the purposes of
this program, provided that any scholarships or grants provided to a
recipient by the institution which are intended to fund any portion of
the difference between the annual state award and the actual costs of
attendance at any such institution shall not be considered to duplicate
the purposes of this program.

b. No annual award shall exceed twenty thousand dollars.

4. Other awards. Award recipients shall be eligible to apply for other
awards.

5. Penalties for noncompliance. a. The corporation shall convert to a
student loan the full amount of the award given pursuant to this
section, plus interest, according to a schedule to be determined by the
corporation if: (1) three years after the completion of the degree
program it is found that an applicant did not begin to provide nursing
faculty or clinical nurse faculty services; (2) if such applicant does
not provide nursing faculty or clinical nursing faculty services for
four years within seven years of the completion of the master's degree
program in nursing or doctoral degree; or (3) the student fails to
receive a master's degree in nursing or doctoral degree that will
qualify them as nursing faculty or adjunct clinical faculty within the
three years of receiving the award. The terms and conditions of this
subdivision shall be deferred for any interruption in graduate or
doctoral study or employment as established by the rules and regulations
of the corporation. Any obligation to comply with such provisions as
outlined in this section shall be cancelled upon the death of the
recipient. Notwithstanding any provisions of this subdivision to the
contrary, the corporation is authorized to promulgate rules and
regulations to provide for the waiver or suspension of any financial
obligation which would involve extreme hardship.

b. The rate of interest charged for repayment of the student loan
shall be determined pursuant to rules and regulations promulgated by the
corporation.