Section 6403. Adjustments to enrollment grants

1.  The  grants provided
  pursuant to paragraph (a) of subdivision  one  and  subdivision  two  of
  section  sixty-four  hundred two of this chapter shall be reduced by one
  hundred per centum of the grant otherwise allocable to each  first  year
  excess  non  resident  student in those institutions enrolling more than
  thirty per centum of nonresident students in its first year class during
  the nineteen hundred seventy-nine--nineteen hundred eighty academic year
  or thereafter.
    2. For purposes of this section, "nonresident student" shall mean  any
  entering student who does not qualify as a resident under the provisions
  of  paragraph  b of subdivision five of section six hundred sixty-one of
  this chapter.
    3. For purposes of this section  "excess  nonresident  student"  shall
  mean  any  nonresident  student enrolled in an entering first year class
  after the per centum of total nonresident students in such class exceeds
  thirty per centum with respect to subdivision one of this section.
    4. A reduction in grants pursuant to  this  section  shall  remain  in
  effect  with respect to each affected class until the graduation of such
  class.