Provides supplemental appropriation of $20 million for loan redemption program and tuition reimbursement program for certain teachers of science, technology, engineering, and mathematics.
This bill allocates $20 million in supplemental funding for New Jersey's existing STEM teacher support programs. It directly affects new STEM teachers (science, technology, engineering, math) in public schools who are either: (1) graduating from educator preparation programs in the 2021-2022 academic year and hired as novice teachers, or (2) completing graduate STEM degrees or 30 credits in STEM coursework. The program provides upfront lump-sum payments covering 25% of eligible student loan or tuition expenses (up to $20,000) in exchange for a four-year teaching commitment in a New Jersey public school. Participants must repay the funds as a loan if they fail to complete the four-year service requirement or violate contract terms.
Bill status
in committee
1 of 4 stages cleared
Introduction
Jan 2024
Committee Review
Floor Vote
Governor
Introduced Jan 9, 2024
Last action Jan 9, 2024
Floor votes
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No floor votes recorded yet.
Full legislative history
Actions timeline
Total actions
1
Key actions
0
Committee
0
Jan 9, 2024
Introduced
Introduced in the Assembly, Referred to Assembly Science, Innovation and Technology Committee
lower
1 primary · 0 co-sponsors
Sponsors
Role
Legislator
Party
State
District
P
Brian Bergen
RRepublican
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