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NJ A2158
Bill
Status
9/26/2024
Primary Sponsor
William Moen
Click for details
AI Summary
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Institutions of higher education must provide students with outstanding federal student loan debt information about the Public Service Loan Forgiveness (PSLF) program during both the semester before expected graduation and the graduation semester
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Qualifying government employers in New Jersey must inform all employees about the PSLF program during initial benefits orientation and at least once annually thereafter
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Required information must include notification of potential PSLF eligibility, the program's website address, and federal eligibility requirements under 20 U.S.C. s.1087e
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Government employers must additionally provide any employer-specific information employees need to complete the PSLF application
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The Higher Education Student Assistance Authority executive director and Commissioner of Labor and Workforce Development will develop model formats for the required information, with implementation 90 days after enactment for employers
Legislative Description
Requires institutions of higher education and government employers to provide certain students and employees with information about Public Service Loan Forgiveness program.
Education
Last Action
Received in the Senate, Referred to Senate Education Committee
9/30/2024