S 4295 New Jersey Senate · 2024-2025 Regular Session

Makes supplemental appropriation of $144.2 million to provide additional Outcomes-Based Allocation funding to four-year public institutions of higher education.

This bill provides $144.2 million in supplemental funding to New Jersey's 13 public four-year universities through the Outcomes-Based Allocation program. It directly affects institutions like Rutgers, Montclair State, and Rowan University by tying funding to specific educational outcomes, including degrees awarded (especially in STEM/healthcare), diversity metrics, and support for low-income students. The funding supplements existing FY2025 appropriations and is distributed based on each institution's performance on these predefined metrics. This is a concrete budget adjustment, not a new policy, with no voting record or partisan context provided in the bill text.
Bill status in committee 1 of 4 stages cleared
Introduction
Mar 2025
Committee Review
Floor Vote
Governor
Introduced Mar 24, 2025 Last action Mar 24, 2025
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Mar 24, 2025
Introduced
Introduced in the Senate, Referred to Senate Higher Education Committee
upper
1 primary · 0 co-sponsors

Sponsors

Role
Legislator
Party
State
District
P
Photo of Teresa Ruiz
Teresa Ruiz
DDemocratic
NJ
29