{"data":{"id":"us-nj/n.j.-stat.-18a-71b-31","jurisdiction":"us-nj","citation":"N.J. Stat. § 18A:71B-31","heading":"Dollar Amount not to be considered in determining eligibility for monetary assistance.","body":"Dollar Amount Not to be Considered in Determining Eligibility for Monetary Assistance.\nAnnually, the authority shall determine a dollar amount of Garden State Savings Bonds or accumulated bonds, interest or supplemental payment, which shall not be less than $25,000, unless a greater amount is approved by the authority, which shall not be considered in evaluating the financial needs of a student enrolled at an institution of higher education located in the State of New Jersey, or be deemed a financial resource of or a form of financial aid or assistance to each student, for purposes of determining the eligibility of a student for any scholarship, grant, or monetary assistance awarded by the State; nor shall the amount of any such bonds, interest or supplemental payment as determined by the authority provided for a qualified student under this article reduce the amount of any scholarship, grant or monetary assistance which the student is entitled to be awarded by the State.\nL.1999,c.46,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":"a0601425199a93d709ac003c0a868952ad79ca27dba6ff07cac1b7b5490d723f","source_id":"us-nj","stale":true,"prev":"us-nj/n.j.-stat.-18a-71b-30","next":"us-nj/n.j.-stat.-18a-71b-32"},"notice":"GroundRules: Original legal text. Not legal advice."}