summary
Introduced
05/22/2023
05/22/2023
In Committee
06/30/2023
06/30/2023
Crossed Over
06/30/2023
06/30/2023
Passed
Dead
01/08/2024
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)
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/S3887 |
| BillText | https://pub.njleg.gov/Bills/2022/S4000/3887_R1.HTM |
| Analysis - Statement Senate 6/26/23 | https://pub.njleg.gov/Bills/2022/S4000/3887_S2.PDF |
| Analysis - Statement SBA 6/20/23 | https://pub.njleg.gov/Bills/2022/S4000/3887_S1.PDF |
| BillText | https://pub.njleg.gov/Bills/2022/S4000/3887_I1.HTM |
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