Prohibits public institutions of higher education from increasing resident undergraduate tuition by more than four percent over prior academic year.

This bill prohibits New Jersey's public colleges and universities from raising tuition for in-state undergraduate students by more than 4% compared to the previous academic year. It directly affects public institutions of higher education and resident undergraduate students by capping annual tuition increases. The key provision requires institutions to maintain tuition rates within a 4% ceiling relative to the prior year's rates. The law would take effect immediately for the first full academic year after enactment.