Phases out State tuition aid grants for students enrolled in proprietary institutions of higher education; redirects State tuition aid grant funding for students enrolled in proprietary institutions to summer tuition aid grant program.

This bill phases out New Jersey's State tuition aid grants for students attending for-profit colleges starting with the 2026-2027 academic year. Current students enrolled at these institutions who received aid before that year will continue to receive it until their eligibility ends, but new students at for-profit colleges will no longer qualify. The redirected funds will instead support the state's summer tuition aid program, which helps students cover costs during summer sessions at public colleges, community colleges, and other eligible institutions. The change takes effect immediately for the 2026-2027 academic year.