Requires Higher Education Student Assistance Authority to permit certain students to submit monthly expense and resource statement for income verification; requires Higher Education Student Assistance Authority to impute in-kind support amounts.

This bill (S 2933) requires New Jersey's Higher Education Student Assistance Authority (HESAA) to allow students applying for state grants or scholarships to submit monthly expense and resource statements when standard income verification (like tax returns or government benefit records) isn't possible. It specifically affects students - especially dependent students whose parents/guardians can't provide verifiable income - who previously faced automatic disqualification for unverifiable income. The key mechanism mandates HESAA to accept these statements and, if a student reports zero income/assets, impute a minimal standard of living for in-kind support (e.g., food, housing provided by others) on their statement. This policy change replaces the current rule that denied aid to such students without alternative verification.