Revises public institution of higher education annual reporting requirements.

This bill revises annual reporting requirements for New Jersey's public colleges and universities. It mandates that institutions include additional student data - such as retention rates, applicant numbers, and acceptance rates - along with demographic breakdowns by race, ethnicity, gender, family income, and first-generation status (where available). The bill also requires institutions to use this data to evaluate diversity, inform admissions policies, and guide resource allocation for equity initiatives. These changes take effect immediately for the first full academic year after enactment.