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NJ A1327
Bill
Status
1/13/2026
Primary Sponsor
Cody Miller
Click for details
AI Summary
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Institutions of higher education and proprietary institutions licensed to offer academic degrees must promptly notify the Executive Director of the Higher Education Student Assistance Authority when a current or former student is approved for federal borrower defense loan discharge.
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Institutions must also report whether the approved student was a New Jersey resident at the time of enrollment.
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Borrower defense loan discharge is a federal program that forgives Direct Loans when an institution engaged in misconduct related to the loan or educational services that caused harm to the student.
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The bill takes effect immediately upon enactment.
Legislative Description
Requires institutions of higher education and certain proprietary institutions to notify Higher Education Student Assistance Authority of approved federal borrower defense loan discharge.
Higher Education
Last Action
Introduced, Referred to Assembly Higher Education Committee
1/13/2026