Establishes a tuition reimbursement program for students in private career schools in New Jersey.
The bill establishes a tuition reimbursement program for students in private career schools in New Jersey. It requires private career schools to register with the Commissioner of Labor and Workforce Development, obtain a performance bond, and contribute to the Private Career School Student Tuition Protection Fund. If a school ceases operation, students are eligible for refunds from the fund. The fund is managed by the State Treasurer and aims to provide equitable refunds.
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