N.J.S.A. 34:15C-10 — Private career school entrance into school-to-school teach-out agreement.

34:15C-10. Private career school entrance into school-to-school teach-out agreement. 16. a. A private career school shall enter into a school-to-school teach-out agreement at least 120 days prior to the cessation of school operations. b. In order to satisfy the requirements of this section, a school-to-school teach-out agreement shall: (1) be arranged by the closing private career school; (2) be agreed to by an eligible transfer institution, the closing private career school, and the commissioner; and (3) unless waived for good cause by the commissioner, specify that the eligible transfer institution shall: (a) be located within a reasonable distance of the closing school, if the closing school 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 school; and (4) not charge a student tuition or fees in excess of the lesser of: (a) the remaining amount that a student affected by the closure would have paid to the closing school to complete the program; or (b) the transfer institution's applicable tuition and fees; and (5) specify that, on request by a student affected by the closure, the closing school shall provide a complete academic record and an official transcript to the student at no cost to the student. L.2021, c.27, s.16.

This is the verbatim text of N.J.S.A. 34:15C-10, retrieved from the New Jersey Legislature's public statute corpus. Statutes are amended periodically — for the most current version, check the external source link above. Kyzer is not a law firm and this page is not legal advice.