Java error in SAP Hana Studio installation

Hello

I am running Windows 8.1 on 64 bit system.

I installed the SAP HANA client successfully.

When I install the SAP HANA studio, I get the following error in a pop up box

"Cannot access java executable 'C:\ProgramData\Oracle\Java\javapath\javaw.exe'

I have tried/verified the following:

1) uninstalled previous version of Java and downloaded the latest one (8.25)

2) checked that java -version command from command prompt is working. i.e. java is being recognized on the system (via some environment  variable)

3) rebooted after java uninstall and install

Please help.

thanks

vikas