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Bill > S3668


NJ S3668

NJ S3668
Phases out State tuition aid grants for students enrolled in proprietary institutions of higher education; redirects State tuition aid grant funding for students enrolled in proprietary institutions to summer tuition aid grant program.


summary

Introduced
09/26/2024
In Committee
10/10/2024
Crossed Over
Passed
Dead

Introduced Session

2024-2025 Regular Session

Bill Summary

This bill phases out State tuition aid grants for students enrolled in proprietary institutions of higher education. Under the bill, beginning with the 2026-2027 academic year, a State tuition aid grant for a student enrolled in a proprietary institution is to be limited to students who received an award prior to that academic year. Students enrolled in a proprietary institution who received an award prior to the 2026-2027 academic year are to continue to receive an award until the student is no longer eligible. Additionally, the bill provides that beginning with the 2026-2027 academic year and each year thereafter, funds which would have otherwise been awarded to students enrolled in proprietary institutions prior to the enactment of the bill are to instead be appropriated to fund summer tuition aid grants.

AI Summary

This bill phases out State tuition aid grants for students enrolled in proprietary institutions of higher education. Beginning with the 2026-2027 academic year, students enrolled in proprietary institutions will only be eligible to receive a State tuition aid grant if they received one prior to that academic year. Additionally, the funds that would have otherwise been awarded to students enrolled in proprietary institutions will instead be appropriated to fund the summer tuition aid grant program.

Committee Categories

Budget and Finance, Education

Sponsors (2)

Last Action

Referred to Senate Budget and Appropriations Committee (on 10/10/2024)

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