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NJ A4660

Bill

Status

Introduced

6/25/2024

Primary Sponsor

Shanique Speight

Click for details

Origin

General Assembly

2024-2025 Regular Session

AI Summary

  • Creates a Reproductive Health Care Professional Loan Redemption Program through the Higher Education Student Assistance Authority (HESAA) to redeem student loans for healthcare professionals providing reproductive health services, including abortion care, at approved sites in New Jersey

  • Provides loan redemption of up to $200,000 over four years: 18% of qualifying loans after year one, 26% after year two, 28% after year three, and 28% after year four, with no redemption for partial years of service

  • Requires applicants to be New Jersey residents, licensed healthcare professionals providing reproductive health services, with preference given to those working in counties with shortages of reproductive health care professionals

  • Covers State, federal, and commercial student loans including interest for undergraduate or graduate education costs

  • Appropriates $5 million from the General Fund and prohibits simultaneous participation in the National Health Service Corps Loan Repayment Program or other HESAA loan redemption programs

Legislative Description

Establishes Reproductive Health Care Professionals Loan Redemption Program; appropriates $5 million.

Higher Education

Last Action

Introduced, Referred to Assembly Higher Education Committee

6/25/2024

Committee Referrals

Higher Education6/25/2024

Full Bill Text

No bill text available