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Assembly Commerce and Economic Development Committee Statement to Assembly, No. 4152 (June 22, 2023)

Summary

The Assembly Commerce and Economic Development Committee, in a statement dated June 22, 2023, reports favorably Assembly Bill No. 4152. The bill establishes a financial aid program in the Higher Education Student Assistance Authority (HESAA) that would cover the remaining tuition costs of a remedial or developmental course after the prior application of all other grants and scholarships. A student would be eligible if the student graduated high school from a public high school located in an eligible urban school district and is enrolled in at least six credits in the semester in which aid is sought. A student would be eligible for an award for a maximum of 30 credits and only during a fall or spring semester in an academic year.

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Cite this document

“Assembly Commerce and Economic Development Committee Statement to Assembly, No. 4152 (June 22, 2023).” Archived at Pandemic Darlings, https://pandemicdarlings.com/source-documents/2023-06-22-ace-a4152-s1-af405c135e/, SHA-256 d181b38bf449bdbae29191dfafba3b25e11deee03322c1a12330e44d3ec08ef5.

Full text

ASSEMBLY COMMERCE AND ECONOMIC DEVELOPMENT
                COMMITTEE

                          STATEMENT TO

                     ASSEMBLY, No. 4152

       STATE OF NEW JERSEY
                            DATED: JUNE 22, 2023

          The Assembly Commerce and Economic Development Committee
      reports favorably Assembly Bill No. 4152.
         This bill establishes a financial aid program in the Higher
      Education Student Assistance Authority (HESAA). The program
      would cover the remaining tuition costs associated with the
      student’s enrollment in a remedial or developmental course, in the
      event that the student has outstanding tuition costs related to the
      remedial or developmental course after the prior application of all
      other grants and scholarships for which the student is eligible.
      Under the bill, a student would be eligible for aid if the remedial or
      developmental course in which the student is enrolled is necessary
      as part of the completion of the academic program of study in which
      the student is enrolled.
         A student would be eligible for a financial aid award under the
      program if the student:
           is a resident of the State or is otherwise eligible for State
              financial aid pursuant to current State law permitting certain
              students without lawful immigration status to receive State
              financial aid;
           graduated high school from a public high school located in
              an eligible urban school district;
           is enrolled in a remedial or developmental course that is
              necessary as part of the completion of the academic program
              of study in which the student is enrolled;
           is enrolled in at least six credits in the semester in which the
              student is seeking aid at an eligible institution;
           applied for all other available forms of State, federal, and
              institutional need-based grants and merit scholarships and, in
              accordance with annually established deadline dates, have
              completed and submitted a Free Application for Federal
              Student Aid, other financial aid form, or, as applicable, a
              State financial aid form as required by the HESAA pursuant
              to the law permitting certain students without lawful
              immigration status to receive State financial aid;
           does not owe a refund on a grant or scholarship previously
              received from a State or federal program through any
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       institution or is not in default on any loan made under any
       State or federal student loan program at any institution,
       unless the student makes arrangements with the HESAA to
       repay the debt; and
     is in good academic standing and meet the minimum
       standards for academic performance and satisfactory
       academic progress as defined by the eligible institution of
       higher education which the student is attending.
   Under the bill, a student would be eligible for a financial aid
award for a maximum of 30 credits and would only be eligible for a
financial aid award during a fall or spring semester in an academic
year.

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