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Bill > S353


NJ S353

NJ S353
Prohibits four-year public and independent institutions of higher education from increasing New Jersey resident undergraduate tuition and fees for nine continuous semesters following student's initial 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 prohibits a four-year public or independent institution of higher education from increasing the tuition and fees of a New Jersey resident undergraduate student for nine continuous semesters following the student's initial enrollment in the institution or, in the case of a student enrolled in an undergraduate program regularly requiring more than four academic years to complete, for the number of semesters required for completion. Under the bill, if a student is approved for a leave of absence from the institution for a period of more than one year, the student will no longer be eligible for the undergraduate tuition and fees charged to the student during the student's initial semester of enrollment. The bill also provides that when the governing board of the institution adopts the tuition and fees for the upcoming academic year, the board will also prepare a nonbinding document that discloses the governing board's estimate of the tuition and fees for the next four cohorts of students who will initially enroll in the institution in each of the four academic years following the upcoming academic year. The provisions of this bill are not applicable to an independent institution having a total endowment of more than $1,000,000,000.

AI Summary

This bill prohibits four-year public and independent institutions of higher education in New Jersey from increasing tuition and fees for New Jersey resident undergraduate students for nine continuous semesters following their initial enrollment, or for the number of semesters required to complete an undergraduate program that regularly takes more than four years. It also requires the governing boards of these institutions to prepare a non-binding document disclosing their estimated tuition and fees for the next four cohorts of incoming students. The provisions of the bill do not apply to independent institutions with an endowment of more than $1 billion.

Committee Categories

Education

Sponsors (2)

Last Action

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

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