Makes Fiscal Year 2022 supplemental appropriation of $1,700,000 for Thomas Edison State University.
Impact
The passage of this bill would have a direct impact on the funding mechanisms for Thomas Edison State University, enabling it to bolster its programs and services. This appropriation could potentially improve access to education for students and support the university's mission of providing quality higher education. Additionally, the funding could assist in supporting various initiatives aimed at increasing enrollment and enhancing student support services, thus further empowering the institution.
Summary
Assembly Bill A2404 proposes a supplemental appropriation of $1,700,000 for Thomas Edison State University for the Fiscal Year 2022. The intent behind this bill is to provide additional financial support to the university, facilitating its operations and enhancing the educational services it offers to students. The legislation reflects a commitment to higher education in New Jersey, emphasizing the importance of funding for institutions that serve diverse student populations and contribute to the state's educational landscape.
Contention
While the bill itself may appear straightforward in terms of financial allocation, discussions surrounding its implications are crucial. Notable contention may arise from opinions on budget priorities within the state, as allocating this funding signifies a commitment to one educational institution over potentially addressing wider educational needs or other pressing social issues. Stakeholders may debate whether the funds could be better utilized in different areas within the higher education sector or in supporting other institutions that also face funding challenges.
Makes supplemental appropriation of $144.2 million to provide additional Outcomes-Based Allocation funding to four-year public institutions of higher education.
Makes supplemental appropriation of $144.2 million to provide additional Outcomes-Based Allocation funding to four-year public institutions of higher education.
Makes FY2024 supplemental appropriations of $37,430,000; de-appropriates $24,000,000 in existing FY2024 appropriations; adds and modifies various FY2024 language provisions.