New Jersey Statutes 18A:71B-115. Annual appropriation
Terms Used In New Jersey Statutes 18A:71B-115
- Academic year: means the period between the time school opens in any school district or under any board of education after the general summer vacation until the next succeeding summer vacation. See New Jersey Statutes 18A:1-1
- Appropriation: The provision of funds, through an annual appropriations act or a permanent law, for federal agencies to make payments out of the Treasury for specified purposes. The formal federal spending process consists of two sequential steps: authorization
- Higher education: means that education which is provided by any or all of the public institutions of higher education as herein defined and any or all equivalent private institutions. See New Jersey Statutes 18A:1-1
(1) establishing mentorship programs;
(2) hosting events to assist students and families in completing financial aid applications; and
(3) addressing students’ material hardships, such as lack of access to food, medical care, housing, child care, and transportation.
b. The secretary shall distribute the funding made available pursuant to this section. The secretary may retain up to five percent of the funding for grant administration activities designed to increase the effectiveness of the program. Fifty percent of the remaining appropriation shall be distributed equally among all of the county colleges, while the other fifty percent of the remaining appropriation shall be distributed based on the total number of students at each county college who received awards under the program during the previous academic year.
L.2021, c.26, s.5.