New Jersey § 18A:62-65 Definitions relative to institutional financial aid.

New Jersey Statutes

§ 18A:62-65 — Definitions relative to institutional financial aid.

New Jersey § 18A:62-65

Title 18AEDUCATION

This text of New Jersey § 18A:62-65 (Definitions relative to institutional financial aid.) is published on Counsel Stack Legal Research, covering New Jersey primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

N.J. Stat. Ann. § 18A:62-65 (2026).

Text

1.As used in this act: "Financial need" means cost of attendance as defined pursuant to 20 U.S.C. s.1087ll. "Institutional financial aid" means need-based and merit-based grants, scholarships, tuition waivers, and all other forms of financial assistance provided by a public institution of higher education that are not loans or work-study programs. "Private scholarships" means scholarships awarded by businesses, private foundations, nonprofit organizations, and service groups. Private scholarships shall not include awards funded by a private organization which is affiliated with a public institution of higher education and requests the institution's assistance in selecting the recipients of scholarships. L.2021, c.223, s.1; amended 2023, c.317.

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1. As used in this act: "Financial need" means cost of attendance as defined pursuant to 20 U.S.C. s.1087ll. "Institutional financial aid" means need-based and merit-based grants, scholarships, tuition waivers, and all other forms of financial assistance provided by a public institution of higher education that are not loans or work-study programs. "Private scholarships" means scholarships awarded by businesses, private foundations, nonprofit organizations, and service groups. Private scholarships shall not include awards funded by a private organization which is affiliated with a public institution of higher education and requests the institution's assistance in selecting the recipients of scholarships. L.2021, c.223, s.1; amended 2023, c.317.