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NJ A4881
Bill
Status
10/17/2024
Primary Sponsor
Cody Miller
Click for details
AI Summary
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Institutions of higher education and licensed proprietary institutions must promptly notify the Executive Director of the Higher Education Student Assistance Authority when a current or former student receives approved borrower defense loan discharge from the U.S. Department of Education
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Institutions must also inform the executive director whether the student was a New Jersey resident at the time of enrollment
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The bill applies to proprietary institutions licensed to offer academic degrees in New Jersey
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Takes effect immediately upon enactment
Legislative Description
Requires institutions of higher education and certain proprietary institutions to notify Higher Education Student Assistance Authority of approved federal borrower defense loan discharge.
2nd Reading in the Assembly
Last Action
Reported out of Assembly Comm. with Amendments, 2nd Reading
12/9/2024