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NJ S5013
Bill
Status
12/18/2025
Primary Sponsor
Angela Mcknight
Click for details
AI Summary
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Establishes the "Minority-Serving Institution of Higher Education Fund" as a nonlapsing, revolving fund to provide funding to public colleges and universities designated as minority-serving institutions under the federal Higher Education Act of 1965
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Fund may receive appropriations from the Legislature as well as federal and private funding sources
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Eligible uses include supporting initiatives to increase minority student enrollment, retention, and graduation rates; expanding access to higher education; addressing equity gaps; and supporting student success programs
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Office of the Secretary of Higher Education will administer the fund and determine the methodology for allocating money to eligible institutions
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Public institutions receiving funds must report to the secretary on how the money is used, in a manner and form determined by the secretary
Legislative Description
Establishes "Minority-Serving Institution of Higher Education Fund" to support certain initiatives at public institutions of higher education designated as minority serving institutions.
Higher Education
Last Action
Introduced in the Senate, Referred to Senate Higher Education Committee
12/18/2025