Concerns incentive compensation and contracts between online program management companies and institutions of higher education and certain proprietary institutions.
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Progress
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- Introduced
- Passed General Assembly
- Passed Senate
- To Governor
- Became Law
Overview
This bill regulates incentive compensation and contracts between online program management companies and higher education institutions and certain proprietary institutions in New Jersey. It prohibits institutions from paying online program management companies for recruiting or marketing services, including tuition sharing. The bill requires detailed reporting on contracts, expenditures, and student data, and mandates specific disclosures in advertising. Existing contracts must comply with these new regulations before the fall 2027 semester.
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