New Jersey Statutes 18A:3B-93. Applicability of C through C18A:3B-96
Terms Used In New Jersey Statutes 18A:3B-93
- Higher education: means that education which is provided by any or all of the public institutions of higher education as herein defined and any or all equivalent private institutions. See New Jersey Statutes 18A:1-1
- State: extends to and includes any State, territory or possession of the United States, the District of Columbia and the Canal Zone. See New Jersey Statutes 1:1-2
- Transcript: A written, word-for-word record of what was said, either in a proceeding such as a trial or during some other conversation, as in a transcript of a hearing or oral deposition.
b. An institution of higher education or a proprietary institution licensed to offer academic degrees shall enter into a school-to-school teach-out agreement at least 120 days prior to the cessation of institution operations.
c. In order to satisfy the requirements of this section, a school-to-school teach-out agreement shall:
(1) be arranged by the closing institution;
(2) be agreed to by an eligible transfer institution, the closing institution, and the secretary;
(3) unless waived for good cause by the secretary, specify that the eligible transfer institution shall:
(a) be located within a reasonable distance of the closing institution, if the closing institution has a physical presence in the State;
(b) accept the transfer of all completed credits from students affected by the closure; and
(c) allow a student affected by the closure to complete the student’s program with substantially the same number of credit hours as was required by the closing institution;
(4) specify that, on request by a student affected by the closure, the closing institution shall provide a complete academic record and an official transcript to the student at no cost to the student; and
(5) meet any other standards as deemed appropriate by the secretary.
L.2021, c.27, s.9.