Bill > A4992

Introduced Session

This bill revises the reporting requirements of the "New Jersey Student and Parent Consumer Information Act." The "New Jersey Student and Parent Consumer Information Act" requires institutions of higher education to provide for public inspection on their websites information on: the cost of attendance, graduation rates of admitted students, racial disparities, student loan indebtedness, and the faculty of the institution. This bill amends current law to remove the following reporting requirements of the student consumer information report: graduation rates by major; graduation rates for student-athletes; the student transfer rate; an overview of the institutions to which former students have transferred; the total cost of attendance for the current academic year; a description of the types of financial assistance offered directly by the institution; the percent of students who receive financial assistance directly from the institution; the total projected cost of attendance for four years and for six years; the average student loan indebtedness of all students; and an indicator of each academic department's capacity to serve the students majoring within that department's programs. The bill also revises current law to require public institutions of higher education to report the number and percentage of borrowers for whom the institution has certified any type of student loan, disaggregated by certain characteristics. Additionally, this bill provides that all reporting requirements under the act will only apply to public institutions of higher education.

AI Summary

Committee Categories

Bill Moen (D)*, 

Introduced, Referred to Assembly Higher Education Committee (on 01/10/2023)

Official Document