A 5582 New Jersey General Assembly · 2024-2025 Regular Session

Expands approved sites under Behavioral Healthcare Provider Loan Redemption Program.

This bill (A5582) expands the list of eligible locations where behavioral healthcare providers can work to qualify for student loan redemption under New Jersey's program. It specifically adds for-profit community mental health providers to the current list of approved sites, which previously included nonprofits, schools, and government agencies. The program helps providers like psychiatrists, social workers, and counselors redeem up to $150,000 in qualifying student loans by contracting to work at these approved sites. This change directly affects behavioral healthcare providers seeking loan relief and the for-profit organizations that can now become participating sites.
Bill status in committee 1 of 4 stages cleared
Introduction
May 2025
Committee Review
Floor Vote
Governor
Introduced May 5, 2025 Last action May 5, 2025
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May 5, 2025
Introduced
Introduced in the Assembly, Referred to Assembly Higher Education Committee
lower
2 primary · 0 co-sponsors

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