Establishes the New York reinvests in student educational supports program; repealer
REFERENCE CHANGED TO HIGHER EDUCATION
Summary
The bill establishes a state‑run loan program for New York residents enrolled at least half‑time in graduate or professional degree programs at eligible colleges. It authorizes the Dormitory Authority of the State of New York to issue, service and manage these loans, but only after borrowers have exhausted federal aid and completed a financial‑literacy course. The aim is to keep students in high‑need fields and protect the state’s future workforce.
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