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NJ S2033
Bill
Status
1/9/2024
Primary Sponsor
Vin Gopal
Click for details
AI Summary
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Secretary of Higher Education must establish guidelines for student financial aid offers based on U.S. Government Accountability Office best practices
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Guidelines must require institutions to clearly differentiate between direct and indirect costs, provide total cost of attendance, and estimate net price
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Financial aid offers must use standardized terms and definitions, explain students' rights to accept or decline aid, and include contact information for institutional representatives
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Prohibits use of the term "award" in student financial aid offers to improve clarity for students
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Addresses GAO findings that 91% of institutions understate net price, 55% don't itemize costs, and 24% don't provide total cost of attendance
Legislative Description
Permits youth-serving patriotic societies to speak with public school students during regular school hours.
Education
Last Action
Introduced in the Senate, Referred to Senate Education Committee
1/9/2024