Revises public institution of higher education annual reporting requirements.

This bill revises annual reporting requirements for New Jersey's public colleges and universities. It expands the required student body profile to include retention rates, applicant numbers, acceptance rates, and mandates that all student data (like graduation rates and demographic details) be broken down by race, ethnicity, gender, family income, and first-generation status where available. Institutions must also use this data to evaluate diversity, inform admissions policies, and guide resource allocation for equity initiatives. The changes apply to all public higher education institutions in New Jersey and take effect for the first full academic year after enactment.