Bill
Bill > S2727
NJ S2727
NJ S2727Prohibits public institutions of higher education from increasing resident undergraduate tuition by more than four percent over prior academic year.
summary
Introduced
02/15/2024
02/15/2024
In Committee
02/15/2024
02/15/2024
Crossed Over
Passed
Dead
01/12/2026
01/12/2026
Introduced Session
2024-2025 Regular Session
Bill Summary
This bill prohibits a public institution of higher education from increasing the institution's resident undergraduate tuition rates for any academic year by more than four percent over the institution's resident undergraduate tuition rates for the prior academic year.
AI Summary
This bill, enacted by the Senate and General Assembly of the State of New Jersey, establishes a cap on tuition increases for public colleges and universities. Specifically, it prohibits any public institution of higher education from raising the tuition rates for undergraduate students who are residents of the state by more than four percent compared to the tuition rates of the preceding academic year. This measure is intended to provide financial predictability for New Jersey residents pursuing higher education and will take effect immediately, applying to the academic year that begins after the bill is officially signed into law.
Committee Categories
Education
Sponsors (1)
Last Action
Introduced in the Senate, Referred to Senate Higher Education Committee (on 02/15/2024)
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/S2727 |
| BillText | https://pub.njleg.gov/Bills/2026/S3000/2727_I1.HTM |
| BillText | https://pub.njleg.gov/Bills/2024/S3000/2727_I1.HTM |
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