Establishes Nursing School Expansion Grant Program; appropriates $25 million.

This bill creates a Nursing School Expansion Grant Program in New Jersey to help nursing schools increase their capacity and improve the supply of nurses. The program will be managed by the New Jersey Economic Development Authority, which will review applications from eligible nursing education programs at public universities, private colleges, or hospital-based schools. To receive funding, schools must submit detailed plans showing how they will increase enrollment and graduation rates, expand faculty, improve workforce diversity, and strengthen connections between different nursing education levels. The bill appropriates $25 million from the state's General Fund, with $24.5 million available for grants and up to $500,000 reserved for administrative costs.