New Jersey § 18A:71B-31 Dollar Amount not to be considered in determining eligibility for monetary assistance.

New Jersey Statutes

§ 18A:71B-31 — Dollar Amount not to be considered in determining eligibility for monetary assistance.

New Jersey § 18A:71B-31

Title 18AEDUCATION

This text of New Jersey § 18A:71B-31 (Dollar Amount not to be considered in determining eligibility for monetary assistance.) 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:71B-31 (2026).

Text

18A:71B-31. Dollar Amount Not to be Considered in Determining Eligibility for Monetary Assistance. Annually, the authority shall determine a dollar amount of Garden State Savings Bonds or accumulated bonds, interest or supplemental payment, which shall not be less than $25,000, unless a greater amount is approved by the authority, which shall not be considered in evaluating the financial needs of a student enrolled at an institution of higher education located in the State of New Jersey, or be deemed a financial resource of or a form of financial aid or assistance to each student, for purposes of determining the eligibility of a student for any scholarship, grant, or monetary assistance awarded by the State; nor shall the amount of any such bonds, interest or supplemental payment as determ

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18A:71B-31. Dollar Amount Not to be Considered in Determining Eligibility for Monetary Assistance. Annually, the authority shall determine a dollar amount of Garden State Savings Bonds or accumulated bonds, interest or supplemental payment, which shall not be less than $25,000, unless a greater amount is approved by the authority, which shall not be considered in evaluating the financial needs of a student enrolled at an institution of higher education located in the State of New Jersey, or be deemed a financial resource of or a form of financial aid or assistance to each student, for purposes of determining the eligibility of a student for any scholarship, grant, or monetary assistance awarded by the State; nor shall the amount of any such bonds, interest or supplemental payment as determined by the authority provided for a qualified student under this article reduce the amount of any scholarship, grant or monetary assistance which the student is entitled to be awarded by the State. L.1999,c.46,s.1.