This bill proposes a supplemental appropriation of $1.2 million specifically for the Community College Opportunity Grant program in New Jersey. The funding is intended to assist eligible students by covering the remaining costs of tuition and approved educational fees that are not already covered by state, federal, or other need-based grants or merit scholarships, for up to 18 credits per semester. To qualify for the grant, students must be enrolled in at least six credits, have no prior college degree, complete the necessary financial aid applications, meet academic progress standards, and have a total household adjusted gross income between $0 and $65,000.
Additionally, the bill outlines provisions for prior grant recipients in the fiscal year 2026, allowing those with household incomes between $65,001 and $80,000 to receive up to half of the maximum award, while those with incomes between $80,001 and $100,000 may receive up to one third of the maximum award. The bill includes an insertion of $1,200,000 under the Grants-in-Aid category for the Higher Education Student Assistance Authority, specifically allocated for the Community College Opportunity Grant. The act is set to take effect immediately upon passage.