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NJ S3668
Bill
Status
9/26/2024
Primary Sponsor
Shirley Turner
Click for details
AI Summary
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Eliminates State tuition aid grants for students enrolled in proprietary (for-profit) institutions starting with the 2026-2027 academic year, restricting eligibility to county colleges, public research universities, State colleges, and independent institutions
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Grandfathers in students at proprietary institutions who received awards before the 2026-2027 academic year, allowing them to continue receiving grants until they exhaust their eligibility
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Redirects funding that would have gone to proprietary institution students to instead fund summer tuition aid grants for students at eligible institutions, beginning with the 2026-2027 academic year
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Requires eligible institutions to annually report graduation rates of State tuition aid grant recipients to the Higher Education Student Assistance Authority, with county colleges also reporting transfer rates
Legislative Description
Phases out State tuition aid grants for students enrolled in proprietary institutions of higher education; redirects State tuition aid grant funding for students enrolled in proprietary institutions to summer tuition aid grant program.
Budget and Appropriations
Last Action
Referred to Senate Budget and Appropriations Committee
10/10/2024