"Public-Private Alliance to Retain Talent and Expand Regional Health Program Act"; creates grant program within DOH for student-loan and tuition relief and appropriates $5 million.

This bill creates a $5 million grant program within New Jersey's Department of Health to provide student loan and tuition relief for health care professionals. The program awards grants to qualified recruitment organizations that partner with hospitals and educational institutions, requiring hospitals to contribute at least 200% of the grant amount in matching funds (except for University Hospital). Health care professionals receiving assistance must commit to working at a partner hospital for three years, with a maximum of $10,000 per year or $30,000 total in relief. The program targets health care professionals preparing for careers in fields like nursing and medicine, as defined in the bill.