This bill aims to expand the Tuition Aid Grant (TAG) program in New Jersey to include part-time undergraduate students enrolled in eligible institutions. Currently, TAG awards are only available to full-time students, but the bill recognizes the need for financial assistance for part-time students who also face challenges in accessing higher education due to rising tuition costs. The new provisions stipulate that part-time grant awards will be prorated based on the full-time grant amounts, ensuring that part-time students receive appropriate financial support.

Additionally, the bill includes specific amendments to existing law, such as the requirement that appropriations for part-time tuition aid grants be made separately by line item to prevent any reduction in funding for full-time grants. It also clarifies that part-time students must maintain minimum academic performance standards to be eligible for grants. The act is set to take effect immediately and will first apply to the 2022-2023 academic year, reflecting the state's commitment to enhancing educational opportunities for all students.