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Bill > S792


NJ S792

NJ S792
Requires State Board of Education high school graduation requirements include instruction on tuition assistance programs and student loan debt; requires high school students to meet with guidance counselor to discuss tuition assistance and dual enrollment.


summary

Introduced
01/14/2020
In Committee
01/14/2020
Crossed Over
Passed
Dead
01/11/2022

Introduced Session

2020-2021 Regular Session

Bill Summary

This bill provides that beginning with the 2018-2019 grade nine class, the State Board of Education will require that the high school graduation requirement on financial literacy include instruction on available State and federal tuition assistance programs, including grants, scholarships, and student loans. The instruction must incorporate issues associated with student loan debt, the requirements for repayment of that debt, and the consequences of the failure to repay student loan debt in a timely manner. The bill also provides that a school district must ensure that a student enrolled in high school meets with a guidance counselor during either the second or third year of high school to discuss State and federal tuition assistance programs that may be available to the student to finance postsecondary educational opportunities. The guidance counselor must also discuss options available to the student for dual enrollment in high school and an institution of higher education that will enable the student to earn college credit while still in high school and reduce the overall cost of a higher education.

AI Summary

This bill requires the State Board of Education to include instruction on available state and federal tuition assistance programs, including grants, scholarships, and student loans, as part of the high school financial literacy graduation requirement. The instruction must cover issues associated with student loan debt, repayment requirements, and consequences of failing to repay debt. Additionally, the bill mandates that school districts ensure high school students meet with a guidance counselor during their second or third year to discuss tuition assistance options and the benefits of dual enrollment, which allows students to earn college credit while still in high school, reducing the overall cost of higher education.

Committee Categories

Education

Sponsors (8)

Last Action

Introduced in the Senate, Referred to Senate Education Committee (on 01/14/2020)

bill text


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