New Jersey Statutes Title 18A. Education 18A § 71C-24

Unless restricted by the authority by regulations, “eligible institution” means, for the purposes of this article only, an institution of higher education licensed by the appropriate agency or department and accredited or preaccredited by a nationally recognized accrediting association. Eligible institutions shall also include certain proprietary institutions but only for degree granting programs approved by the commission or for other proprietary institutions as determined by the authority.