Supplemental appropriation of $144.2 million for Outcomes-Based Allocation funding to New Jersey's public four-year institutions of higher education.
This bill provides an additional $144.2 million in funding through the Outcomes-Based Allocation program to New Jersey's public four-year institutions of higher education. This funding is intended to supplement the existing allocation under the FY2025 Appropriations Act, which already allocated $220.5 million based on metrics such as the number of degrees awarded and the diversity of the student body. The additional funds will be distributed to institutions like Rutgers, The State University, and William Paterson University, among others, to support their institutional needs.
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- Legal Framework
- Critical Issues
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