{"data":{"id":"us-nj/n.j.-stat.-18a-71a-35","jurisdiction":"us-nj","citation":"N.J. Stat. § 18A:71A-35","heading":"Development, distribution of student loan repayment information document.","body":"1. a. The Higher Education Student Assistance Authority shall develop a student loan repayment information document. The document shall include, but need not be limited to: examples of monthly and annual loan payments required for State, federal, and private student loans, whether subsidized or unsubsidized, based on various principal loan amounts and current interest rates; information on the time period it would take to fully repay those loans based on various loan repayment schedules; definitions of fixed rate loans, variable rate loans, and consolidation loans; and information on the consequences and penalties of defaulting on a student loan.\nThe authority shall: post the document on its website; transmit the document via electronic mail to each school district that includes grades 9 through 12 and nonpublic high schools by October 1 of each school year; and update the document as appropriate, but no less frequently than every five years.\nb.\tA school district and a nonpublic high school shall annually disseminate the document developed pursuant to subsection a. of this section to each student in the 11th and 12th grades.\nL.2013, c.1, s.1.","path":["TITLE 18A EDUCATION"],"source_url":"https://pub.njleg.state.nj.us/statutes/STATUTES-TEXT.zip","current_through":"P.L.2025, c.405, and J.R.22","vintage":"","retrieved_at":"2026-08-27T17:54:13Z","sha256":"c07698f05fa9b8c77cac4c774e2d7bb81b5aea77f13288b2c35e3fbe3e4df856","source_id":"us-nj","stale":true,"prev":"us-nj/n.j.-stat.-18a-71a-34","next":"us-nj/n.j.-stat.-18a-71b-1"},"notice":"GroundRules: Original legal text. Not legal advice."}