This bill expands the Tuition Aid Grant program in New Jersey to include eligible workforce training programs, allowing them to participate alongside traditional higher education institutions. The Higher Education Student Assistance Authority is tasked with designating these workforce training programs based on current and projected workforce shortages in the state. The bill outlines specific eligibility criteria for these programs, which must include a minimum of 150 hours of classroom instruction, the provision of an industry or employer-valued credential, and an average completion and job placement rate of at least 70 percent.

Additionally, the bill amends existing law to require institutions, including proprietary degree-granting institutions and newly included workforce training programs, to provide the Higher Education Student Assistance Authority with detailed information on graduation rates and other success indicators. This information will be made publicly available on the authority's website. The bill aims to enhance access to financial aid for students pursuing vocational training, thereby addressing critical workforce needs in New Jersey.

Statutes affected:
Introduced: 18A:71B-19.1