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

This bill requires New Jersey's public colleges and universities to cover application fees and transcript fees for veterans, active-duty military members, reserve component members, and New Jersey National Guard members who live in the state and are admitted to the institution. It directly affects these military-affiliated individuals by removing financial barriers to higher education enrollment. The key mechanism is mandating that institutions either waive these fees upfront or refund them after payment. The law takes effect immediately upon passage.