Establishes minimum student to employee ratio for calculating State support for employee fringe benefit costs at four-year public institutions of higher education.

This bill sets a 9:1 minimum student-to-employee ratio for determining state funding for fringe benefits at New Jersey's four-year public universities. It requires the state budget director to ensure that for every full-time employee position funded by the state (for fringe benefits), there are at least nine full-time equivalent students enrolled. The bill allows institutions to use a better ratio (more students per employee) if they choose, but the state-funded positions cannot exceed the actual number of employees at the institution. This applies to how the state calculates support for employee benefits, not other funding. The rule takes effect immediately for the first full academic year after enactment.