679-C - Senator Patricia K. McGee nursing faculty scholarship program.

* §  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.  The  total  cost  of the Senator Patricia K. McGee nursing faculty  scholarship program shall not exceed  an  annual  cost  of  two  million  dollars, and 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  degreeprogram  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.    b.  The  rate  of  interest  charged for repayment of the student loan  shall be determined pursuant to rules and regulations promulgated by the  corporation.    * NB Repealed June 30, 2010