Requires public institutions of higher education to waive or reimburse application fees and transcript fees for veterans and members of military.

This bill requires New Jersey's public colleges and universities to waive or reimburse application fees and transcript fees for veterans, active-duty military members (including Reserve components and New Jersey National Guard), who live in New Jersey and are accepted to the institution. It directly affects eligible military-affiliated students seeking higher education in the state. The key provision mandates that institutions eliminate these specific costs for qualifying individuals at the point of admission. The law takes immediate effect upon passage.