New Jersey Statutes
§ 18A:71B-108 — Funding.
New Jersey·Title 18A EDUCATION
5.The New Jersey ACES Program established pursuant to this act shall be funded equally by three sectors: the State of New Jersey; the participating public or independent research universities; and the State's private sector. The State shall fund one-third of the annual total program costs through appropriations, and the participating research universities shall fund one-third of the annual total program costs. The participating research universities shall be responsible for soliciting and securing the remaining one-third of program costs from the New Jersey private sector including corporations and companies representative of the STEM industry. L.2019, c.431, s.5.
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Nearby Sections
15
§ 18A:71B-1
Eligible institution defined.§ 18A:71B-100
Board of trustees.§ 18A:71B-101
Awarding of scholarships.§ 18A:71B-102
Qualifications for award of scholarship.§ 18A:71B-103
Rules, regulations.§ 18A:71B-106
Residential pre-college summer program.§ 18A:71B-107
Undergraduate ACES Scholar program.§ 18A:71B-108
Funding.§ 18A:71B-109
Annual report.§ 18A:71B-11
Scholarships created.§ 18A:71B-110
Rules, regulations.