Establishes Volunteer Emergency Responder Loan Redemption Program in Higher Education Student Assistance Authority.

This bill creates a program that helps New Jersey residents who volunteer as emergency responders (like firefighters, EMTs, or emergency management staff) pay down their student loans. To qualify, applicants must be New Jersey residents, have completed an in-state undergraduate degree or certificate, and provide proof of active volunteer service from their organization. The program covers up to $16,000 total in student loan repayment - $4,000 in the first year, $4,000 in the second, and $8,000 in the third - based on continued volunteer service, but never exceeding the actual outstanding loan balance. It directly affects eligible volunteer emergency responders who already have student debt from New Jersey colleges.