N.J.S.A. 34:15C-10.6 — Approval of private career school to act as eligible transfer institution.

34:15C-10.6 Approval of private career school to act as eligible transfer institution. 17. a. The Commissioner of Labor and Workforce Development shall approve a private career school to act as an eligible transfer institution if the school: (1) is in good standing with its accreditor and, if applicable, its licensing body; (2) if applicable, has not been sanctioned by the United States Department of Education due to having a high cohort loan default rate; (3) has not been placed on Heightened Cash Monitoring Payment Method Level 2 by the United States Department of Education; (4) within the previous five years, has not entered into any settlement agreements related to a consumer protection law with a law enforcement agency, or had any judgments related to a consumer protection law entered against it in favor of a law enforcement agency; and (5) meets the requirements provided in section 16 of P.L.2021, c.27 (C.34:15C-10.5), and any additional standards provided pursuant to subsection b. of this section. b. The commissioner may establish additional standards on a case-by-case basis for approving an eligible transfer institution. L.2021, c.27, s.17.

This is the verbatim text of N.J.S.A. 34:15C-10.6, 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.