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Bill > S1373


NJ S1373

NJ S1373
Requires institutions of higher education to distribute information on availability of allowance for dependent care expenses in determination of cost of attendance.


summary

Introduced
02/10/2022
In Committee
03/24/2022
Crossed Over
03/24/2022
Passed
Dead
01/08/2024

Introduced Session

2022-2023 Regular Session

Bill Summary

The cost of attendance at an institution of higher education is calculated by each institution using elements set forth in federal law at 20 U.S.C. s.1087ll. In addition to expenses such as tuition, fees, and room and board, the cost of attendance may include an allowance, known as a "dependent care allowance," for students who have one or more dependents and who incur expenses for those dependents' care while attending the institution of higher education. Being eligible for a dependent care allowance increases the student's total cost of attendance, which could make the student eligible for additional financial aid dollars. This bill seeks to increase awareness of the dependent care allowance so that more student parents may take advantage of additional financial aid while attending an institution of higher education. The bill would require that information on the availability of, the procedures for requesting, and, if feasible, an estimate of the amount of the allowance be provided on the financial aid shopping sheet given to a prospective student who has one or more dependents. The bill would also require an institution of higher education or a proprietary institution licensed to offer academic degrees to post on its Internet website information concerning the availability of and the procedures for requesting the dependent care allowance. Lastly, the bill requires an institution to provide with all paper applications for admission a hard copy of information regarding the dependent care allowance.

AI Summary

This bill seeks to increase awareness of the dependent care allowance for students with dependents who attend institutions of higher education. The bill requires institutions to provide information about the availability, procedures for requesting, and an estimate of the amount of the dependent care allowance on the financial aid shopping sheet given to prospective students. The bill also requires institutions to post this information on their websites and include it with paper admission applications. The purpose is to ensure that more student parents can take advantage of the additional financial aid available through the dependent care allowance.

Committee Categories

Education

Sponsors (2)

Last Action

Received in the Assembly, Referred to Assembly Higher Education Committee (on 03/24/2022)

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