Section 667-C-1 - New York state part-time scholarship (PTS) award program1. The New York state part-time scholarship (PTS) award program is hereby established for the purpose of providing scholarship awards to students who attend a community college at the state university of New York (SUNY) or the city University of New York (CUNY) on a part-time basis.2. To be eligible, an applicant must meet the qualifications of subdivisions three and five of section six hundred sixty-one of this article, enroll in at least six but less then twelve credit hours at a SUNY or CUNY community college in the 2017-2018 academic year, or thereafter, and maintain a grade point average of 2.0.3.a. Such awards shall be made to eligible applicants in the following priority: (i) first, to applicants who have received payment of an award pursuant to this section in a prior year and remain in good academic standing; and(ii) second, to applicants in descending order based on financial need as determined by the corporation and; provided that awards made shall be proportionate to the total applications received for students accepted for undergraduate study at SUNY and CUNY respectively. Provided, however, in the program's first year, first priority shall be in accordance with this subparagraph.b. In the event that there are more applicants who have the same priority than there are remaining scholarships, the president shall distribute the remaining number of such scholarships by means of a lottery or other form of random selection.4. Within amounts appropriated therefor, the president shall grant awards to eligible applicants to cover the cost of six credit hours per semester at a SUNY or CUNY community college, provided however, that no such award shall exceed fifteen hundred dollars per semester.5. PTS awards shall be granted pursuant to this section for no more than four consecutive academic semesters pursuant to future appropriations for the continuation of this program.6. The corporation is authorized to promulgate rules and regulations, and may promulgate emergency regulations, necessary for the implementation of the provisions of this section.Added by New York Laws 2017, ch. 59,Sec. KKK-1, eff. 4/10/2017.