Allows students to use portion of opportunity grant awards under Educational Opportunity Fund program during summer session.

This bill allows students receiving opportunity grants through New Jersey's Educational Opportunity Fund (EOF) program to use a portion of their award for summer courses that count toward graduation or their academic major. Students must notify the Secretary of Higher Education before the academic year begins, resulting in a proportional reduction of their grant funds during the regular academic year. The bill also requires annual reporting by institutions on summer grant usage and graduation rates, implementing a 2016 College Affordability Study Commission recommendation.