Terms Used In New Jersey Statutes 18A:72F-13

  • Fiscal year: The fiscal year is the accounting period for the government. For the federal government, this begins on October 1 and ends on September 30. The fiscal year is designated by the calendar year in which it ends; for example, fiscal year 2006 begins on October 1, 2005 and ends on September 30, 2006.
  • 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
18. In any fiscal year, the Commission on Higher Education shall include in its proposed budget for that year the amount identified by the authority needed to fund its responsibilities under the “Minority Faculty Advancement Program Act,” as well as any amounts needed to fund commission responsibilities under the “Minority Faculty Advancement Program Act.” Funding shall be subject to the amount of appropriations available therefor.

L.1999,c.46,s.18.