A4897 (2025-26 session)

NY State bill

Requires the higher education services corporation to make a determination of financial eligibility of a student for financial aid, awards and loans within 60 days from the day of the receipt of the financial aid application; where the higher education services corporation fails to make a timely determination the applicant shall be deemed eligible for such aid for the semester for which the application was made; allows for a 30-day extension if notice is given to the educational institution within the initial 60-day period.

Title
Makes provisions with respect to student awards, loans and tuition assistance programs
Type
New York State Assembly bill
Session
2025-26 session
Status
In Assembly Committee
Latest action date
2026-01-07
In committee
Higher Education
Introduced
2025-02-10
Same as
S3738
Law section
Education Law

Sponsors

Heard in committee

Same as

Sources