reglab/statecodes huggingface dataset:
New Jersey Administrative Code › Title 9A - HIGHER EDUCATION › Chapter 14 - RULES AND PROCEDURES FOR IMPLEMENTATION OF THE HIGHER EDUCATION EQUIPMENT LEASING FUND ACT › Subchapter 1 - GENERAL PROVISIONS › Section 9A:14-1.3 - Process for approval of a higher education equipment purchase

Current through Register Vol. 56, No. 14, July 15, 2024
(a) Following approval by its governing board, an institution of higher education may apply to the Secretary for approval of a higher education equipment purchase(s) to be financed by the equipment leasing fund. The institution's application shall include the following:
1. A copy of the institution's governing board resolution approving the institution's equipment purchase and committing to support the annual operating costs and maintenance requirements for any new equipment;
2. A brief description of the process used to generate the application for approval of the proposed purchase;
3. A description of how the proposed purchase relates to the current institutional mission and plans;
4. A description of how the proposed purchase supports industry-valued credentialing programs and experiential learning opportunities;
5. The program(s) or function(s) to be served by the equipment, including the specific educational objectives to be met;
6. A description of the equipment to be purchased;
7. For each item of equipment described at (a)6 above, where the estimated per unit cost of the equipment to be purchased exceeds $ 10,000, the estimated cost and number of units of the equipment to be purchased;
8. The useful life of the equipment either by reference to the Internal Revenue Service's Class Life Asset Description Range System set forth at Revenue Procedure 87-56, incorporated herein by reference, as amended and supplemented, or by appraisal of any independent engineering or accounting firm, as appropriate;
9. The estimated timetable for the acquisition and installation of the equipment;
10. Identification of all sources of revenue to be used to pay the institution's annual share of principal and interest on bonds issued to acquire equipment for use by the institution;
11. Certification by the institution that the project will comply with all applicable rules, codes, statutes, and government guidelines;
12. Any information regarding the energy efficiency of the proposed project, including manufacturer information or engineer reports; and
13. Any additional information the institution deems necessary to demonstrate how the institution's proposed purchase meets the objectives identified at N.J.A.C. 9A:14-1.4(b).
14. Any other information as may be required by the Secretary on a case-by-case basis and relating to a specific application.
New Jersey Administrative Code › Title 9A - HIGHER EDUCATION › Chapter 14 - RULES AND PROCEDURES FOR IMPLEMENTATION OF THE HIGHER EDUCATION EQUIPMENT LEASING FUND ACT › Subchapter 1 - GENERAL PROVISIONS › Section 9A:14-1.4 - Application review and approval process

Current through Register Vol. 56, No. 14, July 15, 2024
(a) The Secretary shall conduct a review of the applications. Such applications will be reviewed based on:
1. The completed application bearing the earliest submission date;
2. A competitive application process whereby all applications will be submitted by a date certain and will be evaluated to determine which applications are the most qualified to receive funding.
New Jersey Administrative Code › Title 9A - HIGHER EDUCATION › Chapter 14 - RULES AND PROCEDURES FOR IMPLEMENTATION OF THE HIGHER EDUCATION EQUIPMENT LEASING FUND ACT › Subchapter 1 - GENERAL PROVISIONS › Section 9A:14-1.5 - Authorization process

Current through Register Vol. 56, No. 14, July 15, 2024
(a) The Secretary shall establish a review committee comprised of representation from the Office of the Secretary of Higher Education, the New Jersey Educational Facilities Authority, the New Jersey Schools Development Authority, the New Jersey Economic Development Authority, and an external advisor with technical expertise to evaluate higher education equipment purchase applications and make recommendations on funding.
(b) The Secretary shall examine the recommendations of the review committee and shall, via a written certification, provide preliminary approval or disapproval of the purchase, pursuant to 9A:14-1.4(b), and the amount of the approval.
(c) The Secretary shall forward to the Authority a copy of the institution's application and a copy of the written certification of such approval, including the amount of the grant. The Authority shall thereafter submit a copy of the proposed lease agreement or lease information in connection with the purchase of equipment preliminarily approved by the Secretary to the Legislature Joint Budget Oversight Committee for review. The Legislature Joint Budget Oversight Committee shall approve or disapprove each lease agreement within 10 working days of receipt of the lease information or the lease agreement shall be deemed approved by the Legislature Joint Budget Oversight Committee and by the Secretary.
(d) The Authority shall not enter into a lease agreement with an institution of higher education without the review and approval of the Legislature Joint Budget Oversight Committee.
(e) Lease agreements with institutions for the lease-purchase of equipment approved by the Secretary shall require the respective institutions to pay to the Authority 25 percent of the principal and interest on the bonds to be issued to finance the equipment purchase for the respective institutions.
(f) The Authority shall not issue bonds to finance the equipment purchase with terms exceeding the useful life of the equipment to be purchased and in no case exceeding 10 years.
(g) No bonds shall be issued by the Authority without the prior written consent of the State Treasurer.
(h) Proceeds from the sale of bonds shall cover the cost of bond issuance and administrative costs of the program.
(i) Any purchase of equipment by an institution shall be in the name of the Authority. The Authority shall hold title to the equipment until the bonds issued to finance the purchases have been repaid whereupon title shall be transferred to the respective institutions at their cost.
(j) Each institution that receives approval for the purchase of higher education equipment shall provide such information as the Secretary may request regarding the status of the equipment purchase.
New Jersey Administrative Code › Title 9A - HIGHER EDUCATION › Chapter 14 - RULES AND PROCEDURES FOR IMPLEMENTATION OF THE HIGHER EDUCATION EQUIPMENT LEASING FUND ACT › Subchapter 1 - GENERAL PROVISIONS › Section 9A:14-1.6 - Cancelation or reduction in approved amounts

Current through Register Vol. 56, No. 14, July 15, 2024
(a) The Secretary may reduce or cancel entirely any balance in the amounts authorized if the amounts are not committed within 18 months of the allocations made by the Secretary. Funds will be considered committed when a lease agreement has been entered into between an institution and the Authority.
(b) No reduction in the balance shall be made pursuant to (a) above if:
1. The request for approval has been received by the Secretary within 18 months of the allocation;
2. The facility in which the equipment will be housed is under construction or renovation;
3. Delays are the result of Federal, State, or local governmental approvals or regulatory requirements not attributable to the institution; or
4. Other compelling and documentable reasons exist as determined by the Secretary.
New Jersey Administrative Code › Title 9A - HIGHER EDUCATION › Chapter 14 - RULES AND PROCEDURES FOR IMPLEMENTATION OF THE HIGHER EDUCATION EQUIPMENT LEASING FUND ACT › Subchapter 1 - GENERAL PROVISIONS › Section 9A:14-1.7 - Payment of principal and interest

Current through Register Vol. 56, No. 14, July 15, 2024
(a) Each institution shall pay the Authority, or the bond trustee if so directed by the Authority, 25 percent of the principal and interest on bonds deemed issued to acquire equipment for the institution and in accordance with its lease agreement.
(b) Upon receipt of funds under (a) above, the Authority, or the bond trustee if so directed by the Authority, shall remit all such payments immediately to the State Treasurer.
(c) If an institution fails or is unable to pay to the Authority in full, when due, any such obligation of an institution to the Authority, an amount sufficient to satisfy the deficiency shall be retained by the State Treasurer from State aid or any other State appropriation allotted to the institution. As used in this subsection, "obligation of an institution" means any amount payable by the institution under a lease agreement to meet principal and interest on the bonds issued to acquire equipment for the institution under this program. The Authority shall notify the State Treasurer of the amount to be retained to satisfy the obligation of each institution. A copy of such notification shall be submitted to the Secretary.
New Jersey Administrative Code › Title 9A - HIGHER EDUCATION › Chapter 14 - RULES AND PROCEDURES FOR IMPLEMENTATION OF THE HIGHER EDUCATION EQUIPMENT LEASING FUND ACT › Subchapter 1 - GENERAL PROVISIONS › Section 9A:14-1.8 - Reporting requirements

Current through Register Vol. 56, No. 14, July 15, 2024
(a) The Authority shall report its equipment purchases to the Secretary once in each year in which equipment purchases are made. The Secretary shall then report to the Governor and the Legislature on equipment purchases that have been approved by the Secretary and financed through this chapter.
(b) Each institution shall annually submit by May 31st, or such other date as determined by the Secretary, a report to the Authority pursuant to the requirements set forth by the grant agreement.
(c) Each institution shall, whenever requested by the Authority, provide and certify, in a form satisfactory to the Authority, such information concerning the institution and the project, the operations and finances of the institution, and any other matters that the Authority considers to be necessary in order to enable the Authority to make any reports, including reports to the Secretary, which are required by any law or governmental regulations in connection with the bonds issued under the Act.
New Jersey Administrative Code › Title 9A - HIGHER EDUCATION › Chapter 15 - RULES AND PROCEDURES FOR IMPLEMENTATION OF THE HIGHER EDUCATION FACILITIES TRUST FUND ACT › Subchapter 1 - GENERAL PROVISIONS › Section 9A:15-1.1 - Purpose and authority

Current through Register Vol. 56, No. 14, July 15, 2024
This chapter is promulgated by the Secretary of Higher Education to implement the Higher Education Facilities Trust Fund Act, P.L. 1993, c. 375, as amended by P.L. 2012, c. 42, and as amended by P.L. 2017, c. 98. This chapter is adopted in order to provide a mechanism by which eligible institutions may apply for and receive grants from the Higher Education Facilities Trust Fund.
New Jersey Administrative Code › Title 9A - HIGHER EDUCATION › Chapter 15 - RULES AND PROCEDURES FOR IMPLEMENTATION OF THE HIGHER EDUCATION FACILITIES TRUST FUND ACT › Subchapter 1 - GENERAL PROVISIONS › Section 9A:15-1.2 - Definitions

Current through Register Vol. 56, No. 14, July 15, 2024
The following words and terms, when used in this chapter shall have the following meaning unless the context clearly indicates otherwise.
"Act" means the Higher Education Facilities Trust Fund Act, 18A:72A-49 through 58.
"Amending Act" means P.L. 2012, c. 42, the law that supplements and amends the Act.
"Authority" means the New Jersey Educational Facilities Authority or any board, body, commission, department, or officer succeeding to the principal functions thereof or to whom the powers conferred upon the Authority shall be given by law.
"Bond" means a bond or note of the Authority issued pursuant to the authority granted by the Act.
"Construction ready" means the extent to which the planning and design work have been completed and construction is able to begin, and the degree to which a project shall be completed expeditiously once begun. An evaluation of whether a project is construction ready shall include the status of the design work, project site readiness, zoning and permitting approvals, as well as the anticipated timeframe during which the project will be completed, and the pacing of related construction.
"Cost-effectiveness" means the degree to which a project produces a positive economic analysis when considering the construction expenses, operating, and maintenance expenses, compared to the project's resultant facilities and/or equipment, the life span of the facilities and/or equipment, facility usage and capacity, user productivity and, where appropriate, such attributes as aesthetics, historic preservation, security, and safety.
"Facilities trust fund" or "trust fund" means the Higher Education Facilities Trust Fund as created by the Act.
"Grant" means a grant of moneys from the facilities trust fund approved by the Secretary for a facilities project.
"Grant agreement" means the grant agreement between the institution and the Authority, which shall set forth the terms and conditions of the grant, amount of the grant, and disbursement schedule.
"Institution" means a public or private institution of higher education that is eligible to receive State aid.
"Project" means a capital construction project to construct, reconstruct, develop, extend, or improve instructional, laboratory, communication, or research facilities.
"Secretary" means the Secretary of Higher Education.
New Jersey Administrative Code › Title 9A - HIGHER EDUCATION › Chapter 15 - RULES AND PROCEDURES FOR IMPLEMENTATION OF THE HIGHER EDUCATION FACILITIES TRUST FUND ACT › Subchapter 1 - GENERAL PROVISIONS › Section 9A:15-1.3 - Project eligibility

Current through Register Vol. 56, No. 14, July 15, 2024
(a) Moneys from the trust fund shall be awarded in the form of grants to New Jersey's public and private institutions of higher education for the cost, or a portion of the cost, of the construction, reconstruction, development, extension, or improvement of instructional, laboratory, communication, and research facilities.
(b) For a project to be eligible to receive a grant, the institution must:
1. Have an up-to-date long-range facilities plan approved by the institution's governing board that includes provisions to address deferred maintenance and other capital renewal requirements and pledges to use the facilities trust fund grant to advance that plan;
2. Commit, by resolution of its governing board, to maintaining the facilities project funded by the grant; and
3. Certify that it will use the funds for the cost, or a portion of the cost, of the construction, reconstruction, development, extension, or improvement of instructional, laboratory, communication, and research facilities.
New Jersey Administrative Code › Title 9A - HIGHER EDUCATION › Chapter 15 - RULES AND PROCEDURES FOR IMPLEMENTATION OF THE HIGHER EDUCATION FACILITIES TRUST FUND ACT › Subchapter 1 - GENERAL PROVISIONS › Section 9A:15-1.4 - Grant applications

Current through Register Vol. 56, No. 14, July 15, 2024
(a) Following approval by its governing board at a duly authorized meeting, an institution of higher education may apply to the Secretary for a grant from the trust fund. The institution's application shall include the following:
1. A certification that the eligibility requirements provided in N.J.A.C. 9A:15-1.3 have been met;
2. A complete description of the project, including design information if appropriate for the project;
3. A copy of the institution's governing board's resolution approving the application and committing to support the annual operating costs of and maintenance requirements for the proposed project;
4. A copy of the institution's current long-range facilities plan approved by the institution's governing board that includes provisions to address deferred maintenance and other capital renewal requirements or a certification that such a plan has already been submitted to the Secretary pursuant to P.L. 2009, c. 90;
5. A description of how the proposed project relates to the current institutional mission, plans, and priorities;
6. The program(s) or function(s) to be served by the project, including specific educational objectives to be met and how the proposed project supports industry-valued credentialing programs and experiential learning opportunities;
7. The estimated schedule for the completion of the project;
8. Cost data for the project along with the identification of all sources of revenue to be used to pay any cost not funded by the grant;
9. Certification by the institution that the project would be in compliance with all applicable laws, rules, codes, statutes, and government guidelines;
10. Any additional information the institution deems necessary to demonstrate how the institution's proposed project meets the objectives identified in N.J.A.C. 9A:15-1.5(b);
11. Any information regarding priorities for or the prioritization of deferred maintenance projects, including those based on or supported by a review done by an outside facilities data analytics and planning company; and
12. Any other information as may be required by the Secretary on a case-by-case basis and relating to a specific application.
New Jersey Administrative Code › Title 9A - HIGHER EDUCATION › Chapter 15 - RULES AND PROCEDURES FOR IMPLEMENTATION OF THE HIGHER EDUCATION FACILITIES TRUST FUND ACT › Subchapter 1 - GENERAL PROVISIONS › Section 9A:15-1.5 - Application review and approval process

Current through Register Vol. 56, No. 14, July 15, 2024
(a) The Secretary shall conduct a review of the applications. Such applications will be reviewed based on:
1. The completed application bearing the earliest submission date;
2. A competitive application process whereby all applications will be submitted by a date certain and will be evaluated to determine which applications are the most qualified to receive funding.
New Jersey Administrative Code › Title 9A - HIGHER EDUCATION › Chapter 15 - RULES AND PROCEDURES FOR IMPLEMENTATION OF THE HIGHER EDUCATION FACILITIES TRUST FUND ACT › Subchapter 1 - GENERAL PROVISIONS › Section 9A:15-1.6 - Authorization process

Current through Register Vol. 56, No. 14, July 15, 2024
(a) The Secretary shall establish a review committee comprised of representation from the Office of the Secretary of Higher Education, the New Jersey Educational Facilities Authority, the New Jersey Schools Development Authority, the New Jersey Economic Development Authority, and an external advisor with technical expertise to evaluate project grant applications and make recommendations on funding.
(b) The Secretary shall examine the recommendations of the review committee and shall, via a written certification, provide preliminary approval or disapproval of the grant, pursuant to N.J.A.C. 9A:15-1.5(b), and the amount of the grant.
(c) The Secretary shall submit to the Legislature a copy of the grant application, a copy of the written certification approving the grant, and the amount of the grant, with a copy of such material to the Authority. If the Legislature does not disapprove the grant by the adoption of a concurrent resolution within 60 days of receipt from the Secretary, the grant shall be deemed to be approved by the Legislature and by the Secretary.
(d) Upon authorization of the grant pursuant to (c) above, the institution shall enter into a grant agreement with the Authority, which shall set forth the terms of the grant award and be provided to the board of the Authority for approval by resolution.
(e) Each grant award shall be contingent upon the recipient governing board's entering into a contract or contracts to construct the facilities project within one year of the date on which the grant funds are made available. The funds shall be considered available on the date of the Authority's issuance of the bonds to fund the facilities project or on the date of the authorization of the grant, whichever is later.
(f) Each recipient of a grant shall provide such information as the Secretary may request regarding the use of the grant and the progress of the project.
(g) The Secretary may reduce or cancel entirely the amount of a grant:
1. If an institution determines not to undertake a project for which a grant was awarded;
2. To adjust for actual project expenses in a manner consistent with the approved grant; or
3. If the project is not substantially completed and the grant substantially disbursed six months after the estimated construction completion date set forth in the grant application, as adjusted for any actual delay to the institution entering into a construction contract consistent with (d) above.
New Jersey Administrative Code › Title 9A - HIGHER EDUCATION › Chapter 15 - RULES AND PROCEDURES FOR IMPLEMENTATION OF THE HIGHER EDUCATION FACILITIES TRUST FUND ACT › Subchapter 1 - GENERAL PROVISIONS › Section 9A:15-1.7 - Reporting requirements

Current through Register Vol. 56, No. 14, July 15, 2024
(a) Each institution shall annually submit, by May 31st, or such other date as determined by the Secretary, a report to the Authority pursuant to the requirements set forth by the grant agreement.
(b) Each institution shall, whenever requested by the Authority, provide and certify, in a form satisfactory to the Authority, any information concerning the institution and the project, the operations and finances of the institution and any other matters that the Authority considers to be necessary in order to enable the Authority to make any reports, including reports to the Secretary, which are required by any law or governmental regulations in connection with the bonds issued under the Act.
New Jersey Administrative Code › Title 9A - HIGHER EDUCATION › Chapter 16 - PRIMARY CARE PRACTITIONER LOAN REDEMPTION PROGRAM › Subchapter 1 - GENERAL PROVISIONS › Section 9A:16-1.1 - Purpose and scope

Current through Register Vol. 56, No. 14, July 15, 2024
The purpose of this chapter is to prescribe rules and procedures for the Primary Care Practitioner Loan Redemption Program which is intended to promote access to primary care services in medically underserved areas of the State by improving the distribution of primary care health personnel. This program provides for the redemption of eligible student loan expenses of its participants in exchange for a specified period of service in such medically underserved areas.
New Jersey Administrative Code › Title 9A - HIGHER EDUCATION › Chapter 16 - PRIMARY CARE PRACTITIONER LOAN REDEMPTION PROGRAM › Subchapter 2 - PROGRAM REQUIREMENTS › Section 9A:16-2.1 - Eligibility

Current through Register Vol. 56, No. 14, July 15, 2024
(a) To be eligible for participation in the program, an applicant must:
1. Maintain residency in the State of New Jersey throughout participation in the program;
2. Maintain a license to practice as a primary care practitioner in the State of New Jersey throughout participation in the program;
3. Agree to practice primary care at an approved site, pursuant to the terms specified at N.J.A.C. 9A:16-2.3;
4. Not be in default on any eligible qualifying loan;
5. Not previously have been selected for participation in the program and received the maximum amount of qualifying loan repayment through the program; and
6. Adhere to the following performance standards:
i. Enter into a mutually acceptable contract with an approved site;
ii. Report to the Authority, on the form provided by the Authority, on the program participant's performance of services rendered at an approved site prior to the repayment of the annual amount of eligible redemption; and
iii. If the approved site is a clinic which is part of the extramural network of dental clinics established by the Rutgers School of Dental Medicine of the Rutgers Biomedical and Health Sciences, the program participant shall also meet performance standards set by the Rutgers School of Dental Medicine.
New Jersey Administrative Code › Title 9A - HIGHER EDUCATION › Chapter 16 - PRIMARY CARE PRACTITIONER LOAN REDEMPTION PROGRAM › Subchapter 2 - PROGRAM REQUIREMENTS › Section 9A:16-2.2 - Application and selection procedures

Current through Register Vol. 56, No. 14, July 15, 2024
(a) The Executive Director shall select the program participants from among those applicants who meet the eligibility criteria established pursuant to N.J.A.C. 9A:16-2.1.
(b) To receive consideration for participation in the program, an applicant must submit a completed program application to the Executive Director.
(c) In the event that there are insufficient funds or approved sites to select all of the applicants who meet the eligibility criteria, the Executive Director shall accord priority to applicants in the following manner:
1. First, to any applicant who is completing a fourth, third or second year of a loan redemption contract;
2. Second, to any applicant according to the severity of the physician dentist, or other primary care provider shortage in the area selected by the applicants as ranked by the Commissioner pursuant to the criteria established in N.J.S.A. 18A:71C-35;
3. Third, to any applicant whose residence in the State at the time of entry into postsecondary education was within a State designated underserved area, as determined at the time of the applicant's entry into postsecondary education; and
4. In the event that there are more applicants who have the same priority than there are program positions, the Executive Director shall select program participants by means of a lottery or other form of random selection.
New Jersey Administrative Code › Title 9A - HIGHER EDUCATION › Chapter 16 - PRIMARY CARE PRACTITIONER LOAN REDEMPTION PROGRAM › Subchapter 2 - PROGRAM REQUIREMENTS › Section 9A:16-2.3 - Terms of contract and loan redemption

Current through Register Vol. 56, No. 14, July 15, 2024
(a) An applicant, who has met the eligibility requirements for participation in the program, shall enter into a written contract with the Authority. The contract shall specify the dates of required service and the total amount of eligible qualifying loan expenses to be redeemed in return for service. The contract shall further stipulate that the applicant has knowledge of and agrees to the six-month probationary period required prior to final acceptance into the program. Additionally, the contract shall require a program participant to:
1. Serve at least an initial two-year period at an approved site in the full-time clinical practice of that person's primary care profession;
2. Charge for professional services at the usual and customary rate prevailing in the area in which the approved site is located, but allow a patient who is unable to pay that charge to pay at a reduced rate or receive care at no charge;
3. Not discriminate against any patient in the provision of health care services on the basis of that person's ability to pay or source of payment; and
4. Agree not to impose any charge in excess of the limiting fee for a service, as determined by the United State Secretary of Health and Human Services, to a recipient of benefits under the Federal Medicare program established pursuant to 42 U.S.C. §§
											1395 et seq.
New Jersey Administrative Code › Title 9A - HIGHER EDUCATION › Chapter 16 - PRIMARY CARE PRACTITIONER LOAN REDEMPTION PROGRAM › Subchapter 2 - PROGRAM REQUIREMENTS › Section 9A:16-2.4 - Procedure for loan redemption

Current through Register Vol. 56, No. 14, July 15, 2024
(a) Upon completion of each full year of service, each program participant shall submit a loan distribution form to the Executive Director for the earned amount of indebtedness redemption specified in his or her contract. At the time of submission, the participant shall submit to the Executive Director a Participation Performance Report, which shall include:
1. A certification, indicating that the program participant provided primary care services for a full year, attested to by the Chief Executive Officer or Director of the applicable service site and details of the satisfactory performance of the participant at the site.
New Jersey Administrative Code › Title 9A - HIGHER EDUCATION › Chapter 16 - PRIMARY CARE PRACTITIONER LOAN REDEMPTION PROGRAM › Subchapter 2 - PROGRAM REQUIREMENTS › Section 9A:16-2.5 - Cancellation of contract obligations and involuntary termination of service

Current through Register Vol. 56, No. 14, July 15, 2024
(a) The Executive Director shall cancel a program participant's contractual obligations if he or she determines:
1. On the basis of a sworn affidavit of a qualified physician that the program participant is totally and permanently disabled;
2. On the basis of a death certificate or other evidence of death that is conclusive under state law that the program participant has died; or
3. On the basis of substantiating documentation provided by the program participant that continued enforcement of the service obligation may result in extreme hardship for the program participant. Alternatively, the Executive Director may suspend the service obligation of the participant on the basis of substantiating documentation provided by the participant that continued enforcement may result in extreme hardship for the participant.
New Jersey Administrative Code › Title 9A - HIGHER EDUCATION › Chapter 16 - PRIMARY CARE PRACTITIONER LOAN REDEMPTION PROGRAM › Subchapter 2 - PROGRAM REQUIREMENTS › Section 9A:16-2.6 - Termination by participant prior to completion of contractual service requirements

Current through Register Vol. 56, No. 14, July 15, 2024
(a) A participant desiring to terminate program participation prior to the completion of the requirements of his or her loan redemption contract must notify the Executive Director, in writing, three months prior to his or her intended date of termination.
(b) A participant seeking to terminate the contract before completing a second full year of service shall be required to pay 50 percent of the redeemed portion of indebtedness in not more than one year following termination of the agreement.
(c) A program participant who fails to repay an amount due to the Authority under the program may be subject to actions initiated by the Authority or its designee, which may include, but are not limited to, recovery of the amount due by an action brought in a court of competent jurisdiction or through the offset of State tax refunds or rebates, making this information available to credit reporting agencies, and exclusion from eligibility for any student assistance benefits administered by the Authority, as well as action by the Federal government, to the extent that loan redemption benefits are Federally funded, to recover any amount due it as permitted under Federal law. In any action brought by the Authority or its designee in a court of competent jurisdiction pursuant to this subsection, the program participant shall be liable for; the debt incurred, interest on the debt at the maximum legal prevailing rate as determined by the United States Treasurer, and the administrative and court costs associated with collection of the debt.
(d) A program participant's failure to complete the procedures required at N.J.A.C. 9A:16-2.4 to receive the loan redemption within 60 days of written request for the required documents by the Authority will be deemed to have terminated program participation.
New Jersey Administrative Code › Title 9A - HIGHER EDUCATION › Chapter 16 - PRIMARY CARE PRACTITIONER LOAN REDEMPTION PROGRAM › Subchapter 2 - PROGRAM REQUIREMENTS › Section 9A:16-2.7 - Reversion of unexpended funds

Current through Register Vol. 56, No. 14, July 15, 2024
In the event that any or all funds encumbered for a particular participant are not paid due to the participant's failure to fulfill his or her contractual term of service or his or her involuntary termination of service, such funds will revert to the program fund and be available to enroll other participants.
New Jersey Administrative Code › Title 9A - HIGHER EDUCATION › Chapter 16 - PRIMARY CARE PRACTITIONER LOAN REDEMPTION PROGRAM › Subchapter 2 - PROGRAM REQUIREMENTS › Section 9A:16-2.8 - New Jersey Gross Income Tax

Current through Register Vol. 56, No. 14, July 15, 2024
In the event there are additional funds available, the Executive Director may make payments to reimburse a program participant for all or part of any increased tax liability incurred by the participant pursuant to the New Jersey Gross Income Tax Act, 54A:1-1 et seq., which results from the redemption of eligible qualifying loan expenses. The amount of the reimbursement will be determined based on the amount of available funds and the number of eligible program participants.
New Jersey Administrative Code › Title 9A - HIGHER EDUCATION › Chapter 17 - RESERVED › Subchapter 1 - INTRODUCTION › Section 9A:17-1.1 - Authority and purpose

Current through Register Vol. 56, No. 14, July 15, 2024
(a) The Commission on Higher Education is charged with implementing Campus Assistance Grants, pursuant to 18A:72F-1 et seq. This program has been modified to meet the fiscal requirements of the FY 2011 Appropriations Act and to preserve the broad purpose of providing assistance to disadvantaged doctoral candidates.
(b)
									18A:72F-4 phases out the Minority Faculty Advancement Loan and Loan Redemption Program and provides for its administration until program participants exhaust their eligibility.
(c)
									18A:72F-11 assigns to the Commission on Higher Education responsibility for rulemaking to implement 18A:72F-1 et seq. except for the loan and loan redemption provisions that are being phased out.
New Jersey Administrative Code › Title 9A - HIGHER EDUCATION › Chapter 17 - RESERVED › Subchapter 1 - INTRODUCTION › Section 9A:17-1.4 - Administration of prior MAC program

Current through Register Vol. 56, No. 14, July 15, 2024
(a) As stipulated in 18A:72F-4, the Higher Education Student Assistance Authority shall administer the loan and loan redemption components of the prior MAC program; the Authority's rules in this regard are at N.J.A.C. 9A:8-3.
(b) The Commission shall provide support other than loans, as indicated in 18A:72F-4, for prior MAC program participants, as specified in N.J.A.C. 9A:17-2.
New Jersey Administrative Code › Title 9A - HIGHER EDUCATION › Chapter 17 - RESERVED › Subchapter 2 - CAMPUS ASSISTANCE GRANTS › Section 9A:17-2.1 - Establishment of doctoral fellowship program

Current through Register Vol. 56, No. 14, July 15, 2024
(a) Except as provided for in (d) below, campus assistance grants shall support MAC doctoral fellowships, of which there are two types, study fellowships and dissertation fellowships.
(b) The MAC doctoral study fellowship shall total up to $ 20,000 per year for up to three consecutive years, as follows:
1. Up to $ 17,000 for a stipend, the total amount of which when combined with the institutional contribution specified at 9A:17-2.4(a)3  shall not exceed the cost of attendance as determined by the host institution;
2. $ 1,000 for mentoring services for each fellow; and
3. Up to $ 2,000 for a MAC doctoral study fellow and his or her mentor to attend a national conference or to pursue other appropriate professional development activities, as specified in the agreement between the Commission and the host institution.
New Jersey Administrative Code › Title 9A - HIGHER EDUCATION › Chapter 17 - RESERVED › Subchapter 2 - CAMPUS ASSISTANCE GRANTS › Section 9A:17-2.2 - Student eligibility for doctoral fellowships

Current through Register Vol. 56, No. 14, July 15, 2024
(a) A MAC doctoral fellow must be nominated by a host institution.
(b) To qualify as a nominee for a MAC doctoral fellowship, an individual shall:
1. Be admitted or enrolled as a full-time graduate student pursuing a doctorate at a host institution;
2. Demonstrate superior performance in previous academic work and graduate admissions testing;
3. Show high interest and potential for success in college teaching and academic research or administration; and
4. Be from a disadvantaged background, as demonstrated by inclusion in at least one of the following categories:
i. Meet the requirements of 9A:11-2.3;
ii. Be a former or current recipient of a New Jersey EOF Article III undergraduate or graduate grant;
iii. Be a student who would have been eligible as an undergraduate for a New Jersey EOF Article III student grant; or
iv. Be a first-generation college student whose immediate family is or was eligible for government assistance and/or educational programs targeted toward low-income and disadvantaged populations (TRIO, NJ GEAR UP, free and reduced breakfast programs, food stamps, or at least one year of Pell grants).
New Jersey Administrative Code › Title 9A - HIGHER EDUCATION › Chapter 17 - RESERVED › Subchapter 2 - CAMPUS ASSISTANCE GRANTS › Section 9A:17-2.3 - Institutional responsibilities

Current through Register Vol. 56, No. 14, July 15, 2024
(a) A host institution shall:
1. Offer a doctoral degree;
2. Provide to each doctoral fellow each year for up to four years an annual grant of at least $ 5,000 or 50 percent of total full-time tuition and fees, whichever is greater and which may include tuition remission;
3. Make available to doctoral fellows appropriate support services, including, but not limited to, advisement, mentoring, workshops, and colloquia; and
4. Identify for each MAC doctoral fellow a faculty mentor; in the dissertation fellowship year, the chair of the fellow's dissertation committee or the chair's designee shall serve as the fellow's mentor.
New Jersey Administrative Code › Title 9A - HIGHER EDUCATION › Chapter 17 - RESERVED › Subchapter 2 - CAMPUS ASSISTANCE GRANTS › Section 9A:17-2.4 - Student responsibilities

Current through Register Vol. 56, No. 14, July 15, 2024
(a) Each doctoral fellow and prior MAC program participant shall:
1. Abide by all rules and regulations of the host institution applicable to full-time graduate students;
2. Pay all tuition, fees and other educational expenses, except for any charges or costs waived by the host institution pursuant to the provisions of 9A:17-2.3(a)2  or any other financial aid provided by the institution;
3. Maintain satisfactory academic progress toward completion of a doctorate, as defined by the host institution; and
4. Pursue appropriate professional development activities.
New Jersey Administrative Code › Title 9A - HIGHER EDUCATION › Chapter 17 - RESERVED › Subchapter 2 - CAMPUS ASSISTANCE GRANTS › Section 9A:17-2.5 - Commission responsibilities

Current through Register Vol. 56, No. 14, July 15, 2024
The Executive Director shall disseminate annually to presidents and other appropriate officers at New Jersey colleges and universities information about all MAC doctoral fellows and prior MAC program participants, including their areas of specialization and their current and future availability for faculty and administrative positions.
New Jersey Administrative Code › Title 9A - HIGHER EDUCATION › Chapter 17 - RESERVED › Subchapter 3 - INCENTIVE HIRING GRANTS › Section 9A:17-3.1 - Institutional participation

Current through Register Vol. 56, No. 14, July 15, 2024
(a) Incentive hiring grants shall be awarded to reimburse eligible institutions for student loan redemption benefits provided by the institution to faculty members or administrators from disadvantaged backgrounds with doctoral degrees who are newly hired for full-time employment.
(b) Only existing unpaid loan balances on eligible student loans at the time a new faculty member or administrator is hired pursuant to (a) above are eligible for redemption through this program.
(c) Incentive hiring grants shall be awarded to eligible institutions on a first-come, first-served basis.
(d) Institutions that receive incentive hiring grants shall enter into an agreement with the Commission to provide loan redemption up to $ 40,000 over four years, as follows:
1. If the total amount of eligible loans equals or exceeds $ 40,000, the institution may redeem up to $ 10,000 per year to a maximum of $ 40,000; and
2. If the total amount of eligible loans is less than $ 40,000, no more than 25 percent of the total may be redeemed in any one fiscal or academic year.
New Jersey Administrative Code › Title 9A - HIGHER EDUCATION › Chapter 17 - RESERVED › Subchapter 3 - INCENTIVE HIRING GRANTS › Section 9A:17-3.2 - Beneficiary responsibilities

Current through Register Vol. 56, No. 14, July 15, 2024
(a) A potential beneficiary must provide evidence that as an undergraduate or graduate student he or she was from a disadvantaged background, as demonstrated by inclusion in at least one of the following categories:
1. Meet the requirements of 9A:11-2.3;
2. Be a former or current recipient of a New Jersey EOF Article III undergraduate or graduate grant;
3. As a student, would have been eligible as an undergraduate for a New Jersey EOF Article III student grant; or
4. Was a first-generation college student whose immediate family was eligible for government assistance and/or educational programs targeted toward low income and disadvantaged populations (TRIO, NJ GEAR UP, free and reduced breakfast programs, food stamps or at least one year of Pell grants).
New Jersey Administrative Code › Title 9A - HIGHER EDUCATION › Chapter 17 - RESERVED › Subchapter 3 - INCENTIVE HIRING GRANTS › Section 9A:17-3.3 - Institutional payment process

Current through Register Vol. 56, No. 14, July 15, 2024
(a) The Commission must receive applications from institutions for reimbursement no later than June 30 of the academic year during which the institution or the beneficiary redeemed all or a portion of eligible student loan(s), in accordance with 9A:17-3.1(d).
(b) If the beneficiary makes the loan redemption payment(s) to the lender, applications for reimbursement shall include evidence of the following:
1. Regular payment(s) on eligible student loans, in accordance with 9A:17-3.2(a);
2. The amount of the loan redemption payment(s), in accordance with 9A:17-3.2(b); and
3. The institution's compensation to the beneficiary for the loan redemption payment(s).
New Jersey Administrative Code › Title 9A - HIGHER EDUCATION › Chapter 18 - RULES AND PROCEDURES FOR IMPLEMENTATION OF THE BUILDING OUR FUTURE BOND ACT › Subchapter 1 - GENERAL PROVISIONS › Section 9A:18-1.1 - Purpose and authority

Current through Register Vol. 56, No. 14, July 15, 2024
This chapter implements the Building Our Future Bond Act, P.L. 2012, c. 41, an act authorizing the issuance of $ 750 million in general obligation bonds to finance higher education capital projects for increasing academic capacity at New Jersey's public and private institutions of higher education.
New Jersey Administrative Code › Title 9A - HIGHER EDUCATION › Chapter 18 - RULES AND PROCEDURES FOR IMPLEMENTATION OF THE BUILDING OUR FUTURE BOND ACT › Subchapter 1 - GENERAL PROVISIONS › Section 9A:18-1.2 - Definitions

Current through Register Vol. 56, No. 14, July 15, 2024
The following words and terms, when used in this chapter, shall have the following meanings, unless the context clearly indicates otherwise. Additional definitions that apply to this chapter can be found at P.L. 2012, c. 41, §3.
"Act" or "Bond Act" means the Building Our Future Bond Act, P.L. 2012, c. 41.
"Construction ready" means the extent to which the planning and design work have been completed and construction is able to begin, and the degree to which a project shall be completed expeditiously once begun. An evaluation of whether a project is construction ready shall include the status of the design work, project site readiness, zoning and permitting approvals, as well as the anticipated timeframe during which the project will be completed, and the pacing of related construction.
"Cost-effectiveness" means the degree to which a project produces a positive economic analysis when considering the construction, operating, and maintenance expenses, compared to the project's resultant facilities and/or equipment, the life span of the facilities and/or equipment, facility usage and capacity, user productivity, and, where appropriate, such attributes as aesthetics, historic preservation, security, and safety.
"Matching funds" means funds that are allocated by the institution for a specific project for which grant funds are used, which are equal to 25 percent of the total cost of such project and which are generated from institutional sources, other grants, institutional borrowings, or other sources as permitted in the grant approval process. Notwithstanding anything in this definition to the contrary, grants from State government sources may not be used to satisfy the matching requirement in 9A:18-1.4(a)4.
"Project grant" or "grant" means a grant of monies from bonds issued under the Bond Act to fund a project approved pursuant to 9A:18-1.6 and for which a project-specific appropriation has been made.
New Jersey Administrative Code › Title 9A - HIGHER EDUCATION › Chapter 18 - RULES AND PROCEDURES FOR IMPLEMENTATION OF THE BUILDING OUR FUTURE BOND ACT › Subchapter 1 - GENERAL PROVISIONS › Section 9A:18-1.3 - Allocation of funds

Current through Register Vol. 56, No. 14, July 15, 2024
(a) Grants from the Bond Act shall be used only to fund projects for increasing the academic capacity at New Jersey public and private institutions of higher education.
(b) Bonds of the State of New Jersey are authorized to be issued in the aggregate principal amount of $ 750,000,000 and shall be allocated as set forth in P.L. 2012, c. 41, §5.
(c) For any grant for a project approved by the Secretary, which is financed by bond funds set forth in (b) above, the grant shall support 75 percent of the cost of the project and the public and private institutions of higher education shall provide matching funds to support 25 percent of the cost of the project.
New Jersey Administrative Code › Title 9A - HIGHER EDUCATION › Chapter 18 - RULES AND PROCEDURES FOR IMPLEMENTATION OF THE BUILDING OUR FUTURE BOND ACT › Subchapter 1 - GENERAL PROVISIONS › Section 9A:18-1.4 - Project eligibility

Current through Register Vol. 56, No. 14, July 15, 2024
(a) The Secretary shall consider for approval a grant from bond funds available or expected to become available pursuant to the Bond Act provided that the institution meets the following funding eligibility criteria. The institution must:
1. Have an up-to-date long-range facilities plan approved by the governing board that details the facilities needs of the institution and how the institution plans to address those needs;
2. Demonstrate how the project to be financed through bonds issued under the Bond Act advances the goals of the long-range facilities plan, increases the academic capacity of the institution, and provides a direct benefit to students;
3. Demonstrate that the project is construction ready;
4. Commit to provide matching funds to support 25 percent of the cost of the project;
5. Commit to use the grant for the purpose described in (a)2 above; and
6. Commit, by resolution of its governing board, to maintaining the capital improvement funded by the grant.