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:10-2.10 - Allocation of funds for redemption of loans for an approved course of study
Universal Citation: NJ Admin Code 9A:10-2.10
Current through Register Vol. 56, No. 18, September 16, 2024
The Authority shall provide loan redemption to program participants for eligible student loan expenses incurred for an approved course of study, subject to the availability of funds appropriated for this purpose. Of these funds, 80 percent shall be allocated to provide loan redemption to finance the undergraduate study of program participants and 20 percent shall be allocated to provide loan redemption to finance the approved course of graduate study of program participants.
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