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Bill > S1370
NJ S1370
NJ S1370Requires Higher Education Student Assistance Authority to permit certain students to submit monthly expense and resource statement for income verification; requires Higher Education Student Assistance Authority to impute in-kind support amounts.
summary
Introduced
02/10/2022
02/10/2022
In Committee
02/10/2022
02/10/2022
Crossed Over
Passed
Dead
01/08/2024
01/08/2024
Introduced Session
2022-2023 Regular Session
Bill Summary
Requires Higher Education Student Assistance Authority to permit certain students to submit monthly expense and resource statement for income verification; requires Higher Education Student Assistance Authority to impute in-kind support amounts.
AI Summary
This bill requires the Higher Education Student Assistance Authority (HESAA) to permit certain students to submit a monthly expense and resource statement to verify their income and assets if they cannot provide documentable proof from federal or state agencies or tax returns. If the student reports zero income and assets, HESAA must impute a minimal standard of living as in-kind support on the resource portion of the statement. The bill also directs HESAA to promulgate regulations to implement these provisions, and states that the act will take effect immediately and first apply to the first full academic year after enactment.
Committee Categories
Education
Sponsors (2)
Last Action
Introduced in the Senate, Referred to Senate Higher Education Committee (on 02/10/2022)
Official Document
bill text
bill summary
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bill summary
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bill summary
| Document Type | Source Location |
|---|---|
| State Bill Page | https://www.njleg.state.nj.us/bill-search/2022/S1370 |
| BillText | https://www.njleg.state.nj.us/Bills/2022/S1500/1370_I1.HTM |
| Bill | https://www.njleg.state.nj.us/Bills/2022/S1500/1370_I1.PDF |
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