Revises training requirements for governing board members of public institutions of higher education.

S 1438 requires governing board members of New Jersey's public colleges and universities to complete training within six months of appointment (shortened from one year), covering governance roles, ethics, financial management, and legal requirements like the Open Public Meetings Act. The Secretary of Higher Education, not the institutions, will now set the training content and arrange delivery, including for boards with state monitors. Members who miss deadlines face a 30-day grace period, with failure potentially causing resignation and a two-year disqualification from serving on any public higher education board. The bill appropriates $350,000 annually for implementation.