Directs Higher Education Student Assistance Authority to grant deferment of New Jersey College Loans to Assist State Students (NJCLASS) student loan payments to new parent.

This bill requires New Jersey's Higher Education Student Assistance Authority to grant a 12-week payment pause on NJCLASS student loans for eligible borrowers who become parents. To qualify, borrowers must submit proof of a child's birth or adoption within 120 days, with the deferment starting once proof is received and ending 12 weeks later. During this period, no interest accrues on the loan, directly affecting new parent borrowers enrolled in the NJCLASS program. The bill takes effect immediately upon enactment.