Establishes Large Animal Veterinarian Loan Redemption Program; appropriates $200,000.
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- Introduced
- Passed General Assembly
- Passed Senate
- To Governor
- Became Law
Overview
This bill creates a program to help large animal veterinarians in New Jersey repay student loans. The Large Animal Veterinarian Loan Redemption Program, administered by the Higher Education Student Assistance Authority (HESAA), will provide loan redemption payments to veterinarians who work in designated underserved areas within the state. The program offers tiered payments based on the amount of time a veterinarian spends treating large animals, with a maximum redemption amount of $150,000 over six years for full-time work. The bill also includes an initial appropriation of $200,000 to fund the program’s operations.
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