Loading chat...
NJ S2933
Bill
Status
3/7/2024
Primary Sponsor
Joseph Cryan
Click for details
AI Summary
-
Requires the Higher Education Student Assistance Authority (HESAA) to allow students to submit monthly expense and resource statements to verify income and assets when traditional documentation (tax returns, government agency records) is unavailable
-
Applies to students seeking State grants or scholarships whose income cannot be verified through federal/State agency documents, tax transcripts, or proof of public benefits like TANF, SSI, or SNAP
-
Requires HESAA to impute in-kind support amounts assuming a minimal standard of living when students report zero income and assets on their monthly expense and resource statements
-
Directs HESAA to promulgate regulations through the Administrative Procedure Act to implement these requirements
-
Takes effect immediately and applies starting with the first full academic year following enactment
Legislative Description
Requires Higher Education Student Assistance Authority to permit certain students to submit monthly expense and resource statement for income verification; requires Higher Education Student Assistance Authority to impute in-kind support amounts.
Higher Education
Last Action
Introduced in the Senate, Referred to Senate Higher Education Committee
3/7/2024