Directs Higher Education Student Assistance Authority to increase income protection allowance used in determining eligibility of independent adult student for Tuition Aid Grant Program.

This bill directs New Jersey's Higher Education Student Assistance Authority to raise the income protection allowance for independent adult students applying for the Tuition Aid Grant Program. The change aligns the state's calculation method with the federal standard used for Pell Grants, allowing more of a student's income to be disregarded when determining financial eligibility. Independent adult students will benefit from potentially higher aid eligibility as the state formula becomes more generous. The law takes effect immediately and applies to grants awarded in the first academic year after enactment.