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Governor Phil Murphy recently signed a bill that will require high school students in New Jersey to complete a financial aid application before graduating. This new law applies to both public high school and charter school students. The aim is to make college education more affordable and ensure that students are aware of their financial aid options.
Under the new requirement, students can choose to complete either the Free Application for Federal Student Aid (FAFSA) or the NJ Alternative Financial Aid Application. The Higher Education Student Assistance Authority will provide instructions on how to complete these applications. By completing the financial aid application, students and their families can determine their eligibility for various forms of financial aid for their post-secondary education.
This legislation is seen as a step towards achieving equal opportunities in education and addressing the disparities in access to higher education. Senator Shirley Turner and former Assemblywoman Mila Jasey, along with other legislators, have shown their support for the bill.
In addition to the legislative changes, HESAA is expanding its support for families and schools. They encourage high schools to enter data-sharing agreements with HESAA, which will allow for personalized reminders and additional support in completing the application process. This will help students and their families stay on track and ensure that they don't miss out on important financial aid opportunities.
For more information about the financial aid application process, students can visit the Higher Education Student Assistance Authority website at https://www.hesaa.org/Pages/financialaidhub.aspx.