Citizen Portal
Sign In

Get Full Government Meeting Transcripts, Videos, & Alerts Forever!

Get email alerts on the Student Aid topic

No spam. Unsubscribe anytime.

Committee releases $20 million supplemental for summer tuition grants, stakeholders urge full funding

Assembly Higher Education Committee · September 23, 2024
AI-Generated Content: All content on this page was generated by AI to highlight key points from the meeting. For complete details and context, we recommend watching the full video. so we can fix them.

Summary

A4811 would provide a $20 million FY2025 supplemental to fund summer tuition aid grants at 75% of award amounts; higher-education groups supported the increase but urged moving to 100% if budget flexibility allows.

The committee released Assembly bill A4811, a proposed FY2025 supplemental appropriation of $20 million to fund summer tuition aid grants and to set award payments at 75% of the statutory maximum for eligible students. Testimony from system representatives welcomed the increase from the budgeted 50% level but urged the committee and appropriators to pursue 100% funding if possible.

Jennifer Maloney (New Jersey Association of State Colleges and Universities) said raising summer aid to 75% has produced an uptick in student participation in summer courses and argued that moving to 100% would make an even larger difference. Representatives from higher-education groups and the president’s council described an earlier drafting error as the reason the program returned at 75% rather than the 100% some institutions expected; one witness estimated roughly 13,000 students received summer grants this year totaling about $31 million in awards, and warned that if summer awards stay at 75% next year those students could face an $8 million additional out-of-pocket burden.

The committee moved and recorded a unanimous roll-call vote to release the bill with committee amendments. Witnesses asked the committee to monitor budget flexibility and consider raising the percentage to 100% if additional funding becomes available.