Phases out State tuition aid grants for students enrolled in proprietary institutions of higher education; redirects State tuition aid grant funding for students enrolled in proprietary institutions to summer tuition aid grant program.

This bill phases out New Jersey's State tuition aid grants for students attending for-profit colleges (proprietary institutions) starting with the 2026-2027 academic year. It redirects the previously allocated funding for these institutions toward the summer tuition aid program, which supports students during summer terms. Current students enrolled in proprietary institutions who received aid before the 2026-2027 academic year may continue receiving grants until they exhaust their eligibility. The change takes effect immediately but applies first to the 2026-2027 academic year.