reglab/housing_qa huggingface dataset:
NJ Rev Stat § 18A:71C-4 (2021)
2021 New Jersey Revised Statutes|Title 18A - Education|Section 18A:71C-4 - Federal loan evidenced by note; interest rate; method of payment; security.

18A:71C-4 Federal loan evidenced by note; interest rate; method of payment; security.  18A:71C-4. Federal Loan Evidenced by Note; Interest Rate; Method of Payment; Security. Each federal loan made under this article shall: a. be evidenced by a note or other obligation approved by the authority; b. bear interest at a rate not exceeding the maximum percentage per annum permitted under 20 U.S.C.s.1071 et seq. and implementing rules and regulations; c. be payable in such manner or in such installments as permitted under 20 U.S.C.s.1071 et seq. and implementing rules and regulations; and d. be secured only by the personal liability of the maker, and not by any endorsers, co-maker's collateral, or other security, except as may be permitted under 20 U.S.C.s.1071 et seq. and implementing rules and regulations. L.1999,c.46,s.1.
NJ Rev Stat § 18A:71C-5 (2021)
2021 New Jersey Revised Statutes|Title 18A - Education|Section 18A:71C-5 - Extension and refinancing of federal loans.

18A:71C-5 Extension and refinancing of federal loans.  18A:71C-5. Extension and Refinancing of Federal Loans. Any loan made under this article may be extended or refinanced at the discretion of the lender without affecting the obligation of the authority hereunder for such period and under such terms as permitted under 20 U.S.C.s.1071 et seq. and implementing rules and regulations, and any loan may be reduced at any time at the option of the borrower. L.1999,c.46,s.1.
NJ Rev Stat § 18A:71C-6 (2021)
2021 New Jersey Revised Statutes|Title 18A - Education|Section 18A:71C-6 - Purchase of notes.

18A:71C-6 Purchase of notes.  18A:71C-6. Purchase of Notes. Whenever any approved note, including notes held by the authority in the Higher Education Student Assistance Fund, or any installment thereon, shall be in default as defined under 20 U.S.C.s.1071 et seq., upon the death or total and permanent disability of the borrower, or upon any other reason for payment of a claim permitted under 20 U.S.C.s.1071 et seq., the authority shall, upon the demand of a lender and subject to a lender's meeting federal and authority due diligence requirements, purchase the note by paying to the lender or by transferring to the Higher Education Student Assistance Fund out of the Loan Reserve Fund, the amount of principal, interest and other permissible charges then due and owing on the note, as herein provided. L.1999,c.46,s.1.
NJ Rev Stat § 18A:71C-7 (2021)
2021 New Jersey Revised Statutes|Title 18A - Education|Section 18A:71C-7 - Falsely securing federal loan a misdemeanor; penalty.

18A:71C-7 Falsely securing federal loan a misdemeanor; penalty.  18A:71C-7. Falsely Securing Federal Loan a Misdemeanor; Penalty. Any person who, having obtained a federal loan under this act, solicits, applies for, or accepts another such loan, except as specifically authorized in this act, and any person who knowingly or willfully furnishes any false or misleading information for the purpose of obtaining a loan, or of enabling another to obtain a loan, under this act, shall be guilty of a crime of the fourth degree. L.1999,c.46,s.1.
NJ Rev Stat § 18A:71C-8 (2021)
2021 New Jersey Revised Statutes|Title 18A - Education|Section 18A:71C-8 - Repayment Compromises, modifications and other determinations made by authority.

18A:71C-8 Repayment Compromises, modifications and other determinations made by authority.  18A:71C-8. Repayment Compromises, Modifications and Other Determinations Made by Authority. The authority may, with respect to the exercise of its functions related to loans guaranteed by it under this article, to the extent consistent with 20 U.S.C.s.1071 et seq. and notwithstanding the provisions of any other law to the contrary: a. consent to the modification, with respect to rate of interest, time of payment of principal or interest or any portion thereof, or other provisions of any note, or any instrument securing a loan which has been guaranteed by the authority; b. authorize payment or compromise, subject to the approval or approvals required under the authority's write off and compromise procedures, of any claim upon or arising as a result of any such guaranty; and c. authorize payment, compromise, waiver or release, of any debt, right, title, claim, lien or demand, however acquired, including any equity or right of redemption, and the waiver or release of any debt, right, title, claim, lien or demand including any equity or right of redemption shall be sufficient if executed by the executive director or designee on behalf of the authority. The register or county clerk of any county and the clerk of any court is hereby authorized to cancel of record any lien, including, but not limited to, judgments, chattel mortgages and conditional sales agreements whenever the document evidencing the cancellation or request for cancellation is signed by the executive director or designee on behalf of the authority. The register and the clerk of any county are authorized to record any documents of the authority signed by the executive director or designee. L.1999,c.46,s.1.
NJ Rev Stat § 18A:71C-9 (2021)
2021 New Jersey Revised Statutes|Title 18A - Education|Section 18A:71C-9 - Contracts, promissory notes, made by minor, valid and binding.

18A:71C-9 Contracts, promissory notes, made by minor, valid and binding.  18A:71C-9. Contracts, Promissory Notes, made by Minor, Valid and Binding. Any contract, promissory note, or other written obligation made by any minor to repay or secure payment of a loan made under this article, payment whereof is guaranteed or insured by the authority, or which forms part of the same transaction as the making of the loan shall, notwithstanding any provision of law to the contrary, be as valid and binding as if the person were at the time of the making and execution 18 years of age, and it may be enforced in any action or proceeding by or against the person in his own name, and shall be valid without the consent of the parent or guardian of the person, and the person shall not disaffirm the instrument because of his age, nor shall the person hereafter interpose the defense that he is, or was, at the time of the making and execution, a minor in any action or proceeding arising out of any such loan. L.1999,c.46,s.1.
NJ Rev Stat § 18A:71C-10 (2021)
2021 New Jersey Revised Statutes|Title 18A - Education|Section 18A:71C-10 - Deduction of overdue student loan payments from wages of employees of the state, institution of higher education and public authorities.

18A:71C-10 Deduction of overdue student loan payments from wages of employees of the state, institution of higher education and public authorities.  18A:71C-10. Deduction of Overdue Student Loan Payments From Wages of Employees of the State, Institution of Higher Education and Public Authorities.  Whenever any officer or employee of the State of New Jersey, a public institution of higher education in this State now or hereafter established or authorized by law, any independent institution of higher education in this State now or hereafter established that receives State funds, or any public authority established pursuant to State law, has failed to make scheduled payments to the Higher Education Student Assistance Authority on any note held by that authority pursuant to N.J.S.18A:71C-6, there shall be deducted from the wages of the employee the full amount of both any arrears payment and any schedule payment due to the Higher Education Student Assistance Authority until such time as the note is fully satisfied. In the case of State officers or employees on the centralized regular bi-weekly payroll, the Department of the Treasury shall make the deduction and shall transmit the payments to the Higher Education Student Assistance Authority, but the Department of the Treasury shall retain an amount, as established by regulation of the authority, of the moneys collected to defray the cost of collection. In the case of officers and employees not on the centralized regular bi-weekly payroll, the chief financial officer of the institution or the public authority shall make the deduction and transmit the payments to the Higher Education Student Assistance Authority, but the institution or public authority shall retain an amount, as established by regulations of the Higher Education Student Assistance Authority, of the moneys collected to defray the cost of collection. L.1999,c.46,s.1.
NJ Rev Stat § 18A:71C-11 (2021)
2021 New Jersey Revised Statutes|Title 18A - Education|Section 18A:71C-11 - Regulations.

18A:71C-11 Regulations.  18A:71C-11. Regulations. The Department of the Treasury and the authority shall jointly promulgate regulations concerning the procedures and methods to be employed for the implementation of the provisions of this act concerning deductions for overdue student loan payments from wages. The regulations shall be consistent with all federal requirements or limitations regarding any information utilized in any collection, and shall in addition provide for due notice to the employee of an opportunity for a hearing upon request prior to any collection. L.1999,c.46,s.1.
NJ Rev Stat § 18A:71C-12 (2021)
2021 New Jersey Revised Statutes|Title 18A - Education|Section 18A:71C-12 - Deduction of overdue student loan payments from wages of county and municipal employees.

18A:71C-12 Deduction of overdue student loan payments from wages of county and municipal employees.  18A:71C-12. Deduction of Overdue Student Loan Payments from Wages of County and Municipal Employees. Whenever any officer or employee of a county or municipality has failed to make scheduled payments to the authority on any note held by the authority pursuant to N.J.S.18A:71C-6, the chief financial officer of the appropriate local unit shall deduct from the wages of the employee the full amount of both any arrears payment and any scheduled payment due to the authority, but the local unit shall retain an amount not to exceed 1% of the moneys collected to defray the cost of collection. L.1999,c.46,s.1.
NJ Rev Stat § 18A:71C-13 (2021)
2021 New Jersey Revised Statutes|Title 18A - Education|Section 18A:71C-13 - Guidelines for payment of arrearages.

18A:71C-13 Guidelines for payment of arrearages.  18A:71C-13. Guidelines for Payment of Arrearages.  The Division of Local Government Services in the Department of Community Affairs, in conjunction with the Department of the Treasury and the Higher Education Student Assistance Authority, shall prepare guidelines concerning the procedures and methods to be employed by local units for the implementation of N.J.S.18A:71C-12. The guidelines, and all actions taken by local units, shall be consistent with all federal regulations and limitations regarding any information utilized in any collection.  L.1999,c.46,s.1.
NJ Rev Stat § 18A:71C-14 (2021)
2021 New Jersey Revised Statutes|Title 18A - Education|Section 18A:71C-14 - Deduction of overdue student loan payments from wages of certain boards or authorities.

18A:71C-14 Deduction of overdue student loan payments from wages of certain boards or authorities.  18A:71C-14. Deduction of Overdue Student Loan Payments From Wages of Certain Boards or Authorities. Whenever any officer or employee of a local board of education, a county or municipal board of health or an autonomous authority created by a county or municipality pursuant to statute has failed to make scheduled payments to the Higher Education Student Assistance Authority on any note held by that authority pursuant to N.J.S.18A:71C-6, the board or autonomous authority shall deduct from the wages of the employee the full amount of both any arrears payment and any scheduled payment due to the Higher Education Student Assistance Authority until such time as the note is fully satisfied. The board or autonomous authority shall transmit the payments to the Higher Education Student Assistance Authority, but the board or autonomous authority may retain an amount of the moneys collected as established by regulations of the Higher Education Student Assistance Authority to defray the cost of collection. L.1999,c.46,s.1.
NJ Rev Stat § 18A:71C-15 (2021)
2021 New Jersey Revised Statutes|Title 18A - Education|Section 18A:71C-15 - Guidelines for payment of arrearages.

18A:71C-15 Guidelines for payment of arrearages.  18A:71C-15. Guidelines for Payment of Arrearages. The Department of Education and the Division of Local Government Services in the Department of Community Affairs, in conjunction with the Department of the Treasury and the Higher Education Student Assistance Authority, shall prepare guidelines concerning the procedures and methods to be employed by boards and autonomous authorities for the implementation of N.J.S.18A:71C-14. The guidelines, and all actions taken by a board or autonomous authority pursuant to this act, shall be consistent with all federal regulations or limitations regarding any information utilized in any collection.  L.1999,c.46,s.1.
NJ Rev Stat § 18A:71C-16 (2021)
2021 New Jersey Revised Statutes|Title 18A - Education|Section 18A:71C-16 - Deduction of overdue student loan payments from wages of employees of the private sector.

18A:71C-16 Deduction of overdue student loan payments from wages of employees of the private sector.  18A:71C-16. Deduction of Overdue Student Loan Payments From Wages of Employees of the Private Sector.  Whenever any officer or employee or any employer within or outside this State not described in N.J.S.18A:71C-10, N.J.S.18A:71C-12 or N.J.S.18A:71C-14 has failed to make scheduled payments to the Higher Education Student Assistance Authority on any note or other written obligation held by that authority, there shall be deducted from the wages of the employee the full amount of both any arrears payment and any scheduled payment due to the Higher Education Student Assistance Authority until such time as the note or other written obligation is fully satisfied. The employer shall retain an amount, as established by regulations promulgated jointly by the Department of the Treasury and the Higher Education Student Assistance Authority, of the moneys collected to defray the cost of collection. An employer may not discharge from employment, refuse to employ, or take disciplinary action against an individual subject to wage deduction in accordance with this section by reason of the fact the individual's wages have been subject to wage deduction under this section, and the individual may sue in a State court of competent jurisdiction any employer who takes this action. The court shall award attorneys' fees to a prevailing employee and, in its discretion, may order reinstatement of the individual, award punitive damages and back pay to the employee, or order another remedy as may be reasonably necessary. L.1999,c.46,s.1.
NJ Rev Stat § 18A:71C-17 (2021)
2021 New Jersey Revised Statutes|Title 18A - Education|Section 18A:71C-17 - Lien not treated as wage execution.

18A:71C-17 Lien not treated as wage execution.  18A:71C-17. Lien Not Treated as Wage Execution. The lien against an employee's wages undertaken pursuant to N.J.S.18A:71C-10, N.J.S.18A:71C-12, N.J.S.18A:71C-14 and N.J.S.18A:71C-16 shall not be considered an execution against wages pursuant to N.J.S.2A:17-52, and shall not prevent the simultaneous satisfaction of an execution from the amount of wages remaining after the satisfaction of this debt. L.1999,c.46,s.1.
NJ Rev Stat § 18A:71C-18 (2021)
2021 New Jersey Revised Statutes|Title 18A - Education|Section 18A:71C-18 - Exchange of information with other State departments and agencies.

18A:71C-18 Exchange of information with other State departments and agencies.  18A:71C-18. Exchange of Information with Other State Departments and Agencies. The authority may use the following procedures to locate borrowers who have failed to make scheduled payments to the authority on any note held by the authority: a. the authority may furnish the name and Social Security number of a delinquent or defaulted borrower to the Division of Pensions and Benefits, the Division of Taxation, the Division of Motor Vehicles, the Department of Human Services, the Casino Control Commission, and any State professional or licensing board or body. Except as prohibited by federal or State law, these departments, divisions, boards, and bodies shall return to the authority the address of any borrower or the address of the employer of any borrower that appears in its most recent records; b. the authority may furnish the name and Social Security number of any delinquent or defaulted borrower to the Department of Labor. Except as prohibited by federal or State law, the Department of Labor shall return to the authority the address of the employer of any such borrower that appears in its most recent records; c. the authority shall reimburse the department, division, board or body listed in subsections a. and b. of this section for any costs associated with services performed pursuant to this section. Information furnished to the authority by the entities listed in subsections a. and b. shall be considered confidential and shall not be disclosed except to a federal department or agency entitled to the information because the disclosure is necessary for the proper administration of this article. L.1999,c.46,s.1.
NJ Rev Stat § 18A:71C-19 (2021)
2021 New Jersey Revised Statutes|Title 18A - Education|Section 18A:71C-19 - Professional or occupational misconduct.

18A:71C-19 Professional or occupational misconduct.  18A:71C-19. Professional or Occupational Misconduct.  a. Notwithstanding provisions of any law to the contrary, any State professional or occupational licensing board shall define a borrower's delinquent or default status of any loan made or guaranteed by the authority as misconduct punishable by the denial, suspension, or revocation of the borrower's professional or occupational license by that board. b. For the purposes of this section: "License" means the whole or part of any State agency permit, certificate, approval, registration, charter or similar form of permission to engage in a profession, trade, business or occupation and any notification required to be made to any State agency that a profession, trade, business or occupation is being engaged in or is expected to be commenced; provided that "license" shall not include any original charter or certificate of incorporation granted by any State agency; "State agency" means the legislative or executive branch of the State, including, but not limited to, any department, board, bureau, commission, division, office, council, agency, or instrumentality thereof, or independent agency, public authority or public benefit corporation. L.1999,c.46,s.1.
NJ Rev Stat § 18A:71C-21 (2021)
2021 New Jersey Revised Statutes|Title 18A - Education|Section 18A:71C-21 - College loans to assist state students loan program.

18A:71C-21 College loans to assist state students loan program.  18A:71C-21. College Loans to Assist State Students Loan Program.  There is hereby established within the authority a New Jersey College Loans to Assist State Students (NJCLASS) Loan Program. Under the NJCLASS Loan Program, the authority shall make loans available in such amounts as necessary to ensure that student loans remain generally available to, or for the benefit of, eligible students who are not eligible for, or have additional financial need beyond, a federally insured student loan and who meet the eligibility criteria set forth in N.J.S.18A:71C-27.  L.1999,c.46,s.1.
NJ Rev Stat § 18A:71C-21.1 (2021)
2021 New Jersey Revised Statutes|Title 18A - Education|Section 18A:71C-21.1 - Annual report on NJCLASS Loan Program.

18A:71C-21.1 Annual report on NJCLASS Loan Program.  1. The authority shall annually submit to the Governor and to the President of the Senate and the Speaker of the General Assembly a report on the NJCLASS Loan Program. The report shall be submitted no later than August 1 of each year and shall include, but not be limited to, the following information: the principal amount of bonds issued to finance the NJCLASS Loan Program in the prior year and the interest rates offered on those bonds; the total principal amount of authority bonds that are outstanding, the interest rates on the bonds, and the retirement schedule for those bonds; the total number and principal amount of outstanding NJCLASS loans, and the total number and principal amount of NJCLASS loans contracted in the prior year; the total number of NJCLASS loans that are in default and the number that entered default in the prior year; the total number of loan collection lawsuits that have been filed under the program, and the number of loan collection lawsuits that were filed in the prior year and the status of those lawsuits; the number of requests filed in the prior year with the authority for the forgiveness of an NJCLASS loan due to the death or total and permanent disability of the borrower, the number of requests that were granted or denied, and the reasons for the denial of requests; the number of requests filed in the prior year with the authority for a loan deferment, the type of deferment requested by the borrower, the number of requests that were granted or denied, and the reasons for the denial of requests; and the number of forbearance requests filed in the prior year with the authority, the number of requests that were granted or denied, and the reasons for the denial of requests. L.2017, c.129, s.1.
NJ Rev Stat § 18A:71C-21.2 (2021)
2021 New Jersey Revised Statutes|Title 18A - Education|Section 18A:71C-21.2 - Development of student loan comparison information document.

18A:71C-21.2 Development of student loan comparison information document.  2. a. The authority shall develop a student loan comparison information document. The document shall provide information that allows a borrower to compare an NJCLASS loan with loans available under federal student loan programs including the federal PLUS loan program, and shall provide examples of loan repayment under each program. The information provided on the comparison document shall include, but need not be limited to, the following: (1) loan type, including loan term, interest rate whether fixed or variable, and annual percentage rate (APR); (2) repayment options, including the availability of income-contingent loan repayment options, and clear information on when repayment would begin and how that may be different from the federal student loan programs; (3) loan origination, administrative, and other fees over the life of the loan; (4) estimated cost of borrowing over the life of the loan and estimated monthly payment amounts for each loan type at each of six sample loan disbursement amounts; (5) availability of loan deferments, loan forbearance, and loan forgiveness, the reasons for which a deferment, a forbearance, or forgiveness may be requested, and the percentage of the requests that are granted; (6) the average annual default rates under each loan program, the average annual number of loan collection lawsuits filed under each program, and the availability of a loan rehabilitation program; and (7) the average annual number of wage garnishment orders issued under each program.  b. The comparison information document shall be posted in a prominent location on the authority's website and shall be linked to the online application for an NJCLASS loan. A copy of the document shall be included with a paper NJCLASS loan application. The comparison information document shall be distributed at any financial aid workshop conducted by the authority for high school students or their parents and shall be included in any NJCLASS Loan Program promotional materials distributed by the authority. L.2017, c.129, s.2.