Requires Higher Education Student Assistance Authority to consider combined income of all cosigners on application for participation in New Jersey College Loans to Assist State Students (NJCLASS) Loan Program.

This bill (S 3033) changes New Jersey's NJCLASS student loan program eligibility rules. It requires the Higher Education Student Assistance Authority to consider the *combined income* of all cosigners (such as parents) when determining if a student applicant meets the program's minimum income requirement. Currently, a student with multiple cosigners could be denied a loan if each cosigner individually fell below the income threshold, even if their total combined income qualified them. The change ensures students with multiple financial supporters aren't unfairly excluded due to individual income calculations.