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Current as of January 01, 2024 | Updated by Findlaw Staff
To be eligible to participate in the program, an applicant shall:
a. be a resident of the State and maintain residency during program participation;
b. be a graduate of an approved STEM degree program at an institution of higher education located in New Jersey;
c. have an outstanding balance on a qualifying student loan and not be in default on any qualifying student loan;
d. have been employed full-time in a designated high-growth STEM occupation for a minimum of four years prior to initial application to the program and be employed thereafter for an additional one to four years in a designated high-growth STEM occupation;
e. provide certification that the applicant's employer has agreed to annually provide the applicant at least a 100 percent match of the loan redemption benefit under the program during the applicant's participation in the program and employment in a designed high-growth STEM occupation; and
f. satisfy any additional criteria the authority may establish.
Cite this article: FindLaw.com - New Jersey Statutes Title 18A. Education 18A § 71C-68 - last updated January 01, 2024 | https://codes.findlaw.com/nj/title-18a-education/nj-st-sect-18a-71c-68/
FindLaw Codes may not reflect the most recent version of the law in your jurisdiction. Please verify the status of the code you are researching with the state legislature before relying on it for your legal needs.
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