This bill amends the New Jersey College Student and Parent Consumer Information Act to expand the requirements for four-year public institutions of higher education regarding the information they must provide on their websites. Specifically, it mandates that these institutions include comprehensive data on students exclusively enrolled in online education courses, as well as those in graduate degree programs. The information must cover various aspects such as cost of attendance, graduation rates, and faculty composition, and it must be disaggregated by factors including living situation (on-campus, commuting, or online).
Key additions to the existing law include the requirement for institutions to report the total projected costs for incoming freshmen completing degrees in four and six years, specifically for those enrolled in online courses. Additionally, the bill stipulates that institutions must provide detailed information on student loan indebtedness for different student categories, including those exclusively enrolled in online courses. The bill aims to enhance transparency and awareness for students and their families regarding the financial and academic aspects of higher education, with the new provisions set to take effect for the 2024-2025 academic year.
Statutes affected: Introduced: 18A:3B-44