Section 18A:71B-94 - Loan forgiveness awards.

NJ Rev Stat § 18A:71B-94 (2019) (N/A)
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18A:71B-94 Loan forgiveness awards.

8. The authority shall grant loan forgiveness awards subject to the availability of funds appropriated for this purpose, of which funds, 80% shall be allocated to provide loan redemption to finance the undergraduate study of program participants and 20% shall be allocated to provide loan redemption to finance the graduate study of program participants.

L.2005,c.157,s.8.