New York S 9335: Increases the income cap for purposes of the Excelsior scholarship

Bill Text

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S09335 Summary:

BILL NOS09335 

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SAME ASSAME AS A10085

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SPONSORFAHY

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COSPNSR

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MLTSPNSR

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Amd §669-h, Ed L

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Increases the income cap for purposes of the Excelsior scholarship from $125,000 to $150,000 for academic years 2026-2027 and thereafter.

Go to top S09335 Actions:

BILL NOS09335 

&nbsp

03/03/2026REFERRED TO HIGHER EDUCATION

Go to topS09335 Committee&nbspVotes:

Go to topS09335 Floor&nbspVotes:

There are no Assembly votes for this bill in this legislative session.

Go to topS09335 Text:

 STATE OF NEW YORK
 ________________________________________________________________________

 9335

 IN SENATE

 March 3, 2026
 ___________

 Introduced by Sen. FAHY -- read twice and ordered printed, and when
 printed to be committed to the Committee on Higher Education

 AN ACT to amend the education law, in relation to increasing the income
 cap for purposes of the Excelsior scholarship

 The People of the State of New York, represented in Senate and Assem-
 bly, do enact as follows:

 1 Section 1. Subdivision 1 of section 669-h of the education law, as
 2 amended by section 1 of part T of chapter 56 of the laws of 2018, is
 3 amended to read as follows:
 4 1. Eligibility. An excelsior scholarship award shall be made to an
 5 applicant who: (a) is matriculated in an approved program leading to an
 6 undergraduate degree at a New York state public institution of higher
 7 education; (b) if enrolled in (i) a public institution of higher educa-
 8 tion prior to application, has completed at least thirty combined cred-
 9 its per year following the student's start date, or its equivalent,
 10 applicable to [his or her] the student's program or programs of study or
 11 (ii) an institution of higher education prior to application, has
 12 completed at least thirty combined credits per year following the
 13 student's start date, or its equivalent, applicable to [his or her] the
 14 student's program or programs of study and which were accepted upon
 15 transfer to a public institution of higher education; (c) enrolls in at
 16 least twelve credits per semester and completes at least thirty combined
 17 credits per year following the student's start date, or its equivalent,
 18 applicable to [his or her] the student's program or programs of study
 19 except in limited circumstances as prescribed by the corporation in
 20 regulation. Notwithstanding, in the student's last semester, the
 21 student may take at least one course needed to meet [his or her] the
 22 student's graduation requirements and enroll in and complete at least
 23 twelve credit hours or its equivalent. For students who are disabled as
 24 defined by the Americans With Disabilities Act of 1990, 42 USC 12101,
 25 the corporation shall prescribe rules and regulations that allow appli-
 26 cants who are disabled to be eligible for an award pursuant to this
 27 section based on modified criteria; (d) has an adjusted gross income for
 28 the qualifying year, as such terms are defined in this subdivision,

 EXPLANATION--Matter in italics (underscored) is new; matter in brackets
 [ ] is old law to be omitted.
 LBD14650-01-6

 S. 9335 2

 1 equal to or less than: (i) one hundred thousand dollars for recipients
 2 receiving an award in the two thousand seventeen--two thousand eighteen
 3 academic year; (ii) one hundred ten thousand dollars for recipients
 4 receiving an award in the two thousand eighteen--two thousand nineteen
 5 academic year; [and] (iii) one hundred twenty-five thousand dollars for
 6 recipients receiving an award in the two thousand nineteen--two thousand
 7 twenty academic year [and thereafter] through the two thousand twenty-
 8 five--two thousand twenty-six academic year; and (iv) one hundred fifty
 9 thousand dollars for recipients receiving an award in the two thousand
 10 twenty-six--two thousand twenty-seven academic year and thereafter; and
 11 (e) complies with the applicable provisions of this article and all
 12 requirements promulgated by the corporation for the administration of
 13 the program. Adjusted gross income shall be the total of the combined
 14 adjusted gross income of the applicant and the applicant's parents or
 15 the applicant and the applicant's spouse, if married. Qualifying year
 16 shall be the adjusted gross income as repor