Provides that student is ineligible for State financial aid upon conviction for hazing.

This bill makes students in New Jersey ineligible for state financial aid if they are convicted of hazing or aggravated hazing. It directly affects students who receive state-administered financial assistance and have been legally convicted of these offenses under New Jersey law. The key provision amends the state's financial aid statutes to explicitly disqualify convicted individuals from receiving aid, creating a penalty tied to the conviction rather than just the act itself. The measure takes effect immediately upon passage and applies to all forms of state student financial aid programs.