Bill

Bill > S3887


NJ S3887

NJ S3887
Revises NJCLASS Teacher Loan Redemption Program.


summary

Introduced
05/22/2023
In Committee
06/30/2023
Crossed Over
06/30/2023
Passed
Dead
01/08/2024

Introduced Session

2022-2023 Regular Session

Bill Summary

Revises NJCLASS Teacher Loan Redemption Program.

AI Summary

This bill revises the NJCLASS Teacher Loan Redemption Program. It establishes three tiers of program participants - tier 1 for teachers in high-need fields at low-performing schools, tier 2 for teachers in high-need fields at non-low-performing schools, and tier 3 for teachers who do not meet the criteria for the first two tiers. The bill provides different levels of loan redemption for each tier, ranging from 25% for tier 1 to 15% for tier 3, with a maximum amount that can be redeemed over four years. The bill also requires the Department of Education to annually survey school districts to identify areas of teacher vacancy and shortage, and to report those findings to the Legislature.

Committee Categories

Education

Sponsors (5)

Last Action

Received in the Assembly, Referred to Assembly Education Committee (on 06/30/2023)

bill text


bill summary

Loading...

bill summary

Loading...
Loading...