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NJ S1265

Bill

Status

Introduced

1/9/2024

Primary Sponsor

James Beach

Click for details

Origin

Senate

2024-2025 Regular Session

AI Summary

  • Creates the Gold Star Family Scholarship Program to provide undergraduate scholarships to spouses, children, parents, guardians, or siblings of Armed Forces or National Guard members who died while on active duty

  • Establishes a non-lapsing Gold Star Family Scholarship Fund within the Higher Education Student Assistance Authority (HESAA) to administer and award scholarships

  • Caps individual scholarship awards at the average tuition charged by New Jersey's four-year public institutions of higher education

  • Funds the program through three sources: a $2 annual surcharge on personalized license plate renewals, voluntary taxpayer contributions via state income tax returns, and an initial $100,000 appropriation from the General Fund

  • HESAA will establish eligibility criteria and determine award amounts based on attendance costs and other financial assistance the recipient receives

Legislative Description

Establishes Gold Star Family Scholarship Program; appropriates $100,000 from General Fund to Higher Education Student Assistance Authority.

Higher Education

Last Action

Introduced in the Senate, Referred to Senate Higher Education Committee

1/9/2024

Committee Referrals

Higher Eduction1/9/2024

Full Bill Text

No bill text available