New Jersey S3871 directs the Higher Education Student Assistance Authority to increase the income protection allowance for independent adult students.
New Jersey S3871 mandates the Higher Education Student Assistance Authority to raise the income protection allowance for independent adult students seeking tuition aid grants. This change aligns the allowance with the federal Pell Grant's income protection allowance, ensuring more equitable financial aid eligibility. The adjustment takes effect immediately and applies to grants awarded in the first academic year following the bill's enactment.
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