Increases income-based eligibility of Community College Opportunity Grant Program; codifies Garden State Guarantee Program to provide last-dollar financial aid grants for certain students.

S 5010 establishes the Garden State Guarantee Program to provide financial aid grants covering the remaining cost of tuition and fees at New Jersey's public four-year colleges after other grants are applied, for students in their third and fourth years of study (60-128 cumulative credits). Eligible students must be New Jersey residents, enrolled full-time (12+ credits), with family income under $100,000, and must have applied for all other available grants via FAFSA. The bill also increases the income-based eligibility threshold for the Community College Opportunity Grant Program, which supports community college students. These changes aim to reduce out-of-pocket costs for middle-income students at public institutions.