Qualifies the permitted use of proceeds from the lease of lands located at the state university of New York at Purchase

The bill was amended after being reviewed by the Committee on Higher Education, which discharged the bill and allowed it to be amended. The main substantive change clarifies eligibility criteria for student financial aid by removing the word 'were' and adding 'federal' before 'Pell grant', making the eligibility requirement clearer and more precise. The bill also removed unnecessary bracketed text from the original draft.