This bill mandates that public institutions of higher education in New Jersey must post specific information on their websites to enhance transparency and accessibility for students and the public. It defines "time-to-degree completion" as the duration from a student's initial enrollment to the date of degree conferral and requires institutions to display the average time-to-degree completion for each associate and baccalaureate degree they offer.

Furthermore, the bill stipulates that institutions must provide public access to their annual fiscal monitoring reports and audits on their websites. They are also required to submit a direct link to this information to the Secretary of Higher Education annually and to present a clear and understandable summary of the posted information for public viewing. The Secretary of Higher Education is tasked with adopting necessary rules and regulations to implement these provisions, and the act will take effect immediately, applying to the first full academic year following its enactment.