New Jersey Administrative Code
Title 9A - HIGHER EDUCATION
Chapter 10 - STUDENT LOAN AND COLLEGE SAVINGS PROGRAMS
Subchapter 4 - NURSING FACULTY LOAN REDEMPTION PROGRAM
Section 9A:10-4.3 - Eligibility requirements for program participation
Universal Citation: NJ Admin Code 9A:10-4.3
Current through Register Vol. 56, No. 18, September 16, 2024
(a) To be eligible for participation in the program, an applicant must:
1. Be a resident of the State of New Jersey and maintain domicile in the State during participation in the program;
2. Have obtained a degree from an approved graduate degree program within a one-year period prior to commencing full-time faculty employment at an eligible institution;
3. Have been initially hired for full-time faculty employment at an eligible institution on or after January 16, 2010, which is the date of program enactment;
4. After being initially hired for full-time faculty employment at an eligible institution, maintained continuous full-time faculty employment at an eligible institution;
5. Have maintained a 3.0 grade point average on a scale of 4.0, or its equivalent, while enrolled in an approved graduate degree program; and
6. Have an outstanding balance with a State or Federal student loan program and not be in default on any student loan.
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