Sponsored by:
Senator SHIRLEY K. TURNER
District 15 (Hunterdon and Mercer)
SYNOPSIS
Phases out State tuition aid grants for students enrolled in proprietary institutions.
CURRENT VERSION OF TEXT
As introduced.
An Act concerning State tuition aid grants and supplementing chapter 71B of Title 18A of the New Jersey Statutes.
Be It Enacted by the Senate and General Assembly of the State of New Jersey:
1. Notwithstanding the
provisions of any law or regulation to the contrary, beginning with the
2024-2025 academic year, a State tuition aid grant for a student enrolled in a
proprietary institution licensed to award academic degrees shall be limited to
students who received an award prior to that academic year. The student shall
be eligible to receive a State tuition aid grant for the number of academic
years authorized pursuant to section b. of
N.J.S.18A:71B-20.
2. This act shall take effect immediately.
STATEMENT
This bill provides that beginning with the 2024-2025 academic year, a State tuition aid grant for a student enrolled in a proprietary institution is to be limited to students who received an award prior to that academic year. In effect, the bill initiates a phase-out of State tuition aid grants for students enrolled in proprietary institutions. Students in a proprietary institution who received an award prior to the 2024-2025 academic year will continue to receive an award until the student is no longer eligible.