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2022 New Jersey Revised Statutes
Title 18A - Education
Section 18A:71B-94 - Loan forgiveness awards.
Universal Citation:
NJ Rev Stat § 18A:71B-94 (2022)
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18A:71B-94 Loan forgiveness awards.
8. The authority shall grant loan forgiveness awards subject to the availability of funds appropriated for this purpose, of which funds, 80% shall be allocated to provide loan redemption to finance the undergraduate study of program participants and 20% shall be allocated to provide loan redemption to finance the graduate study of program participants.
L.2005,c.157,s.8.
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