Bill
Bill > A1619
NJ A1619
NJ A1619Establishes Grow Your Own Teacher Loan Redemption Program in Higher Education Student Assistance Authority.
summary
Introduced
01/09/2024
01/09/2024
In Committee
03/04/2024
03/04/2024
Crossed Over
Passed
Dead
01/12/2026
01/12/2026
Introduced Session
2024-2025 Regular Session
Bill Summary
Establishes Grow Your Own Teacher Loan Redemption Program in Higher Education Student Assistance Authority.
AI Summary
This bill establishes the Grow Your Own Teacher Loan Redemption Program within the Higher Education Student Assistance Authority. The program aims to encourage students who graduated from high schools with teacher shortages to return and teach in those districts. The program provides for the redemption of a portion of eligible student loan expenses for each year of full-time teaching in the school district from which the participant graduated or a district located in a jurisdiction where the participant has resided for more than five years, provided that district also has a teacher shortage. The bill outlines the eligibility criteria, contract requirements, and administrative details of the program, which is capped at $500,000 in annual State funding.
Committee Categories
Education, Labor and Employment
Sponsors (2)
Last Action
Reported out of Asm. Comm. with Amendments, and Referred to Assembly Labor Committee (on 03/04/2024)
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/2024/A1619 |
| BillText | https://pub.njleg.gov/Bills/2024/A2000/1619_R1.HTM |
| Analysis - Statement AED 3/4/24 | https://pub.njleg.gov/Bills/2024/A2000/1619_S1.PDF |
| BillText | https://pub.njleg.gov/Bills/2024/A2000/1619_I1.HTM |
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