<p>Thanks for posting this 4kidsdata! This is a worthwhile program for New York residents to consider. </p>
<p>Most of the qualifying students at my daughter’s high school who are attending SUNY schools are signing up for this program. There really isn’t a significant downside to signing up - the worst case is if they leave the state or change career paths it converts to a 10 year loan at Stafford rates.</p>
<p>I’ve heard that at least Stony Brook is allowing this to be stacked on top of their merit awards (ie presidential, honors college etc). Free tuition+ for an AAU school - not bad!</p>
<p>And while it is certainly a restriction, I don’t know I would describe having to work for 5 years in your field in state as a tough requirement to fufill. Most SUNY graduates stay in New York after graduation anyways and the list of approved occupations is rather extensive. </p>
<p>What if the graduate is unemployed for some of the five years after graduation? Or can non-continuous employment adding up to five years fulfill this condition?</p>
<p>This is not just a theoretical possibility. Suppose a student happens to graduate in an economic or industry downturn and cannot find a job for long period of time after graduation. Or suppose the student majors in biology and finds that getting a biology job is harder than assumed.</p>