New Jersey legislation · 2026-2027 Regular Session
New Jersey S4644: Student Tuition Recovery Fund-estab, students impacted by failing institutions
Status: In committee, October 5, 2026
Establishes Student Tuition Recovery Fund in Office of the Secretary of Higher Education to compensate students impacted by failing or fraudulent proprietary institutions.
What the bill says
An Act concerning the closure of certain proprietary institutions and amending and supplementing P.L.2021, c.27.
From the amended text, October 5, 2026:
An Act concerning the closure of certain proprietary institutions and amending and supplementing P.L.2021, c.27. Be It Enacted by the Senate and General Assembly of the State of New Jersey: 1. Section 8 of P.L.2021, c.27 (C.18A:3B-92) is amended to read as follows: 8. a. This section shall apply to a proprietary institution licensed to offer academic degrees that operates in this State. b. A proprietary institution licensed to offer academic degrees shall provide the secretary a teach-out plan that addresses a potential closure of the institution. The teach-out plan shall be updated as required by the secretary. c. A teach-out plan shall include any information required by the secretary and shall state that: (1) the institution shall make all reasonable efforts to ensure that any closure of the institution complies with the requirements of sections 9 through 12 of P.L.2021, c.27 (C.18 (2) the chief executive officer and the members of the governing body of the institution were not in an executive position or a member of a governing body of an institution in which a disorderly closure occurred; and (3) any institutional financial aid agreement offered to a student shall contain language stating that, in the event of a disorderly closure, the institutional debt shall be void and shall not be recovered, collected, or enforced. d. The Office …
Sponsors
- Joseph P. Cryan (D, 20) · primary sponsor
Latest actions
- : REF SBA
- : REP/SCA 2RS
- : INT 1RS REF SHI
Votes
- Senate Higher Education Committee: Reported with committee amendments (Sca) (October 5, 2026): 4 yea, 0 nay, passed
Subjects: HIGHER EDUCATION
Common questions
- What is S4644?
- S4644 is a bill in the New Jersey Legislature (2026-2027 Regular Session): Student Tuition Recovery Fund-estab, students impacted by failing institutions.
- What does S4644 do?
- In its own words: An Act concerning the closure of certain proprietary institutions and amending and supplementing P.L.2021, c.27.
- What is the status of S4644?
- In committee as of October 5, 2026. Latest action: REF SBA (October 5, 2026).
- Who sponsored S4644?
- Joseph P. Cryan (D, 20).
- Where is the official record for S4644?
- On the New Jersey Legislature website: https://www.njleg.state.nj.us/bill-search/2026/S4644
Source: official New Jersey record. Tracked by Delilah, AI for legislation across all 50 states and Congress.