Establishes the "Neighborhood Scholar Revitalization Pilot Program."

This bill establishes a pilot program in four New Jersey cities (Camden, Trenton, Jersey City, and Paterson) to help college graduates with student loan debt relocate to targeted neighborhoods. Qualified participants (with at least $7,000 in student debt) who commit to living in designated residential areas for 24 months receive $7,000 in student loan reimbursement ($3,500 per year). Targeted neighborhoods must be in census tracts with median household income at or below 60% of the regional median. The program is limited to 200 participants per city and will be funded through business tax credits and existing enterprise zone funds, with a report due after three years evaluating its effectiveness.