New Jersey Administrative Code
Title 9A - HIGHER EDUCATION
Chapter 10 - STUDENT LOAN AND COLLEGE SAVINGS PROGRAMS
Subchapter 2 - SOCIAL SERVICES STUDENT LOAN REDEMPTION PROGRAM
Section 9A:10-2.1 - Purpose and scope

Universal Citation: NJ Admin Code 9A:10-2.1
Current through Register Vol. 56, No. 18, September 16, 2024

The rules established by this subchapter provide the policies and procedures for participation in the Social Services Student Loan Redemption Program administered by the Higher Education Student Assistance Authority. This program is intended to address the critical shortage of direct care professionals in the State by providing loan redemption incentives for persons who engage in employment at certain public facilities, and nonprofit social services agencies under contract with the Department of Human Services or the Juvenile Justice Commission so as to ensure that sufficient, qualified professional staff are available to provide the direct care services that are needed by State residents. This program provides redemption of eligible student loan expenses incurred by program participants covering the cost of attendance while enrolled in an approved undergraduate or graduate course of study in exchange for full-time employment as a direct care professional at a qualified facility or agency following the participant's successful completion of the approved course of study.

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