New Jersey S3434 establishes a voucher program for student loan borrowers with children in high-rated child care programs.

New Jersey S3434 creates the Grow NJ Kids Student Loan Voucher Program within the Higher Education Student Assistance Authority. This program issues vouchers to eligible borrowers in the amount of their monthly loan repayment for children enrolled in approved child care programs. To qualify, borrowers must be New Jersey residents, provide proof of their child's enrollment in an approved program, and meet income limits. Approved programs include licensed child care centers, preschools, Head Start programs, and family child care providers with a Grow NJ Kids rating of at least three.

New Jersey S3434 establishes a voucher program for student loan borrowers with children in high-rated child care programs.

New Jersey S3434 creates the Grow NJ Kids Student Loan Voucher Program within the Higher Education Student Assistance Authority. This program issues vouchers to eligible borrowers in the amount of their monthly loan repayment for children enrolled in approved child care programs. To qualify, borrowers must be New Jersey residents, provide proof of their child's enrollment in an approved program, and meet income limits. Approved programs include licensed child care centers, preschools, Head Start programs, and family child care providers with a Grow NJ Kids rating of at least three.