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Bill > S990


NJ S990

NJ S990
Requires State Board of Education high school graduation requirements include instruction on tuition assistance programs and student loan debt; requires high school students to meet with guidance counselor to discuss tuition assistance and dual enrollment.


summary

Introduced
02/04/2016
In Committee
03/16/2017
Crossed Over
03/13/2017
Passed
Dead
01/08/2018

Introduced Session

2016-2017 Regular Session

Bill Summary

This bill provides that beginning with the 2016-2017 grade nine class, the State Board of Education will require that the high school graduation requirement on financial literacy include instruction on available State and federal tuition assistance programs, including grants, scholarships, and student loans. The instruction must incorporate issues associated with student loan debt, the requirements for repayment of that debt, and the consequences of the failure to repay student loan debt in a timely manner. The bill also provides that a school district must ensure that a student enrolled in high school meets with a guidance counselor during either the second or third year of high school to discuss State and federal tuition assistance programs that may be available to the student to finance postsecondary educational opportunities. The guidance counselor must also discuss options available to the student for dual enrollment in high school and an institution of higher education that will enable the student to earn college credit while still in high school and reduce the overall cost of a higher education.

AI Summary

This bill requires that, beginning with the 2017-2018 grade nine class, the high school graduation requirement on financial literacy include instruction on available state and federal tuition assistance programs, such as grants, scholarships, and student loans. The instruction must also cover issues associated with student loan debt, repayment requirements, and the consequences of failing to repay student loans on time. Additionally, the bill mandates that school districts ensure high school students meet with a guidance counselor during their second or third year to discuss tuition assistance options and the availability of dual enrollment programs, which can help reduce the overall cost of higher education.

Committee Categories

Budget and Finance, Education

Sponsors (6)

Last Action

Received in the Assembly, Referred to Assembly Education Committee (on 03/16/2017)

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