Requires public institution of higher education to provide alternative scholarship to student-athlete who loses athletic scholarship due to injury.

This bill requires New Jersey public colleges to provide a replacement scholarship to student-athletes who lose their athletic scholarship due to an injury or illness directly related to intercollegiate athletics. If a student-athlete becomes medically ineligible for sports participation (as determined by the institution's medical staff), the school must offer a scholarship equal in value for the rest of their undergraduate degree program or up to five academic years - whichever is shorter. It specifically covers injuries deemed "incapacitating" under the bill's definition, ensuring financial support continues after athletic eligibility ends. The policy applies only to public institutions of higher education in New Jersey and takes effect immediately upon passage.