The definition of “regular academic year” for determining award amounts is based on the definition of full-time and part-time study in section 145-2.1(a) of the Regulations of the Commissioner of Education. A regular academic year in an institution operating on semesters consists of two semesters of at least 15 weeks each, including examination periods. In an institution operating on quarters or trimesters, the regular academic year consists of three quarters or trimesters of at least 10 weeks each, including examination periods. In an institution not organized on a semester, quarter, or trimester basis, the academic year consists of a single period not to exceed 12 months.
An academic year for award certification purposes begins on July 1 and ends on the following June 30.