The deadline to apply for the newly introduced New York State STEM scholarship is August 14.
The NYS STEM Incentive Program provides a full SUNY or CUNY tuition scholarship for the top 10 percent of students in each New York State high school if they pursue a STEM degree in an associates or bachelor degree program and agree to work in a STEM field in New York State for 5 years after graduation.
The dual goals of the program include helping students pursue STEM careers and promoting the state’s economy.
Innovative programs like the STEM Incentive Awards will help students compete in academic fields essential to the future of our state and nation,” said CUNY Interim Chancellor William P. Kelly.
“Through this program, New York State is helping to foster a connection between a student’s interest in STEM and their ability to successfully pursue a STEM career,” said Elsa Magee, Acting President of New York State Higher Education Services Corporation (HESC), the state agency that will administer the program. “These awards will encourage more of our most talented students to pursue their love of science, technology, engineering and math in New York State, which benefits our State economy directly and the global economy, generally.”
Failing to fulfill the program requirements can result in significant penalties. For example, if a recipient does not complete the STEM degree or does not follow through after graduation on the requirement to work “full-time for five years in the fields of science, technology, engineering, or math in New York State, while maintaining residency within the State”, he must pay back the award.
The full list of approved occupations includes farmers, computer programmers, web developers, actuaries, cartographers, engineers, and secondary and postsecondary science teachers.
There does seem to be some flexibility in the choice of occupations.