Requires public institution of higher education to provide alternative scholarship to student-athlete who loses athletic scholarship due to injury.

This bill requires New Jersey public colleges to provide a replacement scholarship to student-athletes who lose their athletic scholarship due to an injury or illness directly related to intercollegiate athletics. If the injury makes a student-athlete medically ineligible to compete (as determined by the institution's medical staff), the school must offer a scholarship equal in value for the remainder of their undergraduate degree program or up to five years total - whichever is shorter. It specifically applies to student-athletes enrolled at public institutions of higher education in New Jersey. The law defines "incapacitating injury or illness" as one directly tied to athletic participation that causes medical ineligibility for competition.