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Bill > A4387


NJ A4387

NJ A4387
Allows students to use portion of opportunity grant awards under Educational Opportunity Fund program during summer session.


summary

Introduced
05/16/2024
In Committee
05/16/2024
Crossed Over
Passed
Dead
01/12/2026

Introduced Session

2024-2025 Regular Session

Bill Summary

This bill provides that a student may elect to use a portion of an opportunity grant funded through the Educational Opportunity Fund (EOF), during the summer session following the academic year for courses that fulfill graduation requirements or award credits in the student's academic major. The student would be responsible for notifying the Office of the Secretary of Higher Education of the intent to use a portion of the award during the summer. The Secretary of Higher Education would adjust the amount of the student's award that will be disbursed during the academic year, and notify the student that using a portion of the grant during the summer session will reduce the amount of the award that will be disbursed during the academic year. The secretary would also be required to annually report the number of students who did and did not use a portion of a grant award to enroll in courses during the summer, and the number and percent of these students who graduated within 100 percent and 150 percent of average completion time. This bill implements a recommendation of the College Affordability Study Commission which released its final report in September 2016.

AI Summary

This bill allows students to use a portion of their Educational Opportunity Fund (EOF) opportunity grant awards during the summer session following the academic year for courses that fulfill graduation requirements or award credits in their academic major. Students must notify the Office of the Secretary of Higher Education of their intent to use a portion of the grant during the summer, and the secretary will adjust the amount of the award that will be disbursed during the academic year accordingly. The secretary is also required to annually report the number of students who did and did not use a portion of their grant award to enroll in summer courses, as well as the number and percentage of those students who graduated within 100% and 150% of average completion time. This bill implements a recommendation from the College Affordability Study Commission.

Committee Categories

Education

Sponsors (21)

Last Action

Introduced, Referred to Assembly Higher Education Committee (on 05/16/2024)

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