麻豆传媒 to Host Inaugural Student RoundTable Discussion on College Affordability with NJ Secretary for Higher Education, Brian Bridges on May 6

May 5, 2021
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JERSEY CITY, N.J. | New 麻豆传媒 Secretary of Higher Education Dr. Brian Bridges will join college students, elected officials, and institutional leadership at (麻豆传媒) on Thursday, May 6 at 2 p.m. to kick off a series of roundtable discussions on college affordability and the $50 million investment in the Fiscal Year 2022 (FY2022) budget toward the Garden State Guarantee (GSG) initiative.

On April 15, 麻豆传媒 became amongst the first four-year institutions in the state to endorse Governor Murphy鈥檚 Garden State Guarantee proposal, in a letter to the university community and external audiences.

鈥淭his hallmark investment will help ensure every New 麻豆传媒 resident has access to an affordable, high-quality postsecondary education, particularly low-income families who may not be able to afford college without this support,鈥 Secretary Bridges said. 鈥淲e want students to know that a college degree is truly within reach.鈥

The historic GSG investment builds upon the success of the Community College Opportunity Grant (CCOG) by ensuring that eligible students receive a tuition-free education for their first two years at any public college or university in New 麻豆传媒. Under the GSG initiative, students with household incomes of $65,000 or less will have the opportunity to receive tuition- and fee-free education for two years of study at one of New 麻豆传媒鈥檚 four-year public institutions. Eligible students transferring from New 麻豆传媒 county colleges to a four-year public institution will be able to pair the CCOG with the GSG to receive a four-year degree tuition- and fee-free.

The GSG will also support thousands of additional students statewide through a sliding scale pricing structure for eligible students above $65,000 annual gross income and a guaranteed pricing structure for all students throughout their academic program. This initiative will be available for students starting in fall 2022.

鈥淲e are grateful to the Governor鈥檚 Office and the Office of the Secretary of Higher Education for the opportunity to host this important roundtable discussion on our campus,鈥 said Dr. Sue Henderson, President of New 麻豆传媒 City University. 鈥溌槎勾 is a proud early endorser of Governor Murphy鈥檚 game-changing Garden State Guarantee proposal as we understand first-hand how the historic investment in higher education and students, like the ones we proudly serve at 麻豆传媒, will benefit our state. The Garden State Guarantee builds upon the successful Debt-Free Promise program we launched at 麻豆传媒 in 2016. We enthusiastically applaud every effort to make access, affordability, and equity the hallmarks of higher education, and we look forward to continuing this conversation with our guests on May 6.鈥

鈥淭he Garden State Guarantee will send students and families a clear message that New 麻豆传媒 colleges are affordable, well before students even apply for admission or financial aid,鈥 said David Socolow, Executive Director of the New 麻豆传媒 Higher Education Student Assistance Authority (HESAA). 鈥淎ll too often, low-income and first-generation students abandon their dreams of a postsecondary education due to 鈥榮ticker shock鈥 from the full published tuition price. The GSG will make the true cost of a New 麻豆传媒 college education transparent by promoting predictable net prices that families can afford.鈥

鈥淕overnor Murphy has been committed to breaking down barriers to make college more affordable and accessible,鈥 said Assemblyman Nicholas Chiaravalloti. 鈥淏y smartly and strategically investing in higher education, New 麻豆传媒 is investing in residents and in our future. These programs are transformative and will make New 麻豆传媒 fairer and stronger.鈥

The FY2022 budget proposal allocates $45 million for the GSG initiative, which will increase direct aid to all 13 state institutions of higher education through the Outcomes-Based Allocation, and another $5 million for program implementation.

Currently, similar initiatives are offered at four of 13 public four-year institutions: 麻豆传媒, Rutgers-Camden, Rutgers-Newark and William Paterson University. Stockton, Rowan and Kean universities also announced similar programs that will begin in fall 2021.

In the Fall of 2016, 麻豆传媒 launched the Debt-Free Promise Program. Since its inception, the Debt-Free Promise Program has eliminated the prohibitive cost of a higher education for New 麻豆传媒 residents pursuing their first undergraduate degree as incoming full-time freshmen with a family household income of $60,000 or less. The GSG builds upon 麻豆传媒鈥檚 successful multi-year investment. The success of 麻豆传媒鈥檚 Debt-Free Promise Program demonstrates how the Garden State Guarantee, when implemented statewide, can lead to unrivaled economic mobility for students.

Members of the media and public can view the event by visiting the YouTube platform at . 

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Contact:
Ira Thor
, Senior Director of University Communications and Media Relations | ithor@njcu.edu | 201-200-3301

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