New Jersey § 18a:71c-23
Full text of New Jersey New Jersey Statutes § 18a:71c-23, with citation guidance and answers to common questions.
§ 18a:71c-23.
Loans under the NJCLASS Loan Program may be made to eligible borrowers. An eligible borrower is an eligible student or any parent or legal guardian providing financial support for a dependent eligible student. The authority shall set maximum loan amounts for each participant based on such
factors as the cost of attending the particular institution, family income, value
of family assets or other factors the authority may consider relevant. The loans may be secured by such endorsement, co-maker's collateral or other security
as may be required by rules and regulations established by the authority. When considering an application, the authority shall use appropriate documents to
verify the financial information provided by an eligible borrower or cosigner. The documents that the authority may use to verify the financial information may
include, but need not be limited to, certification by the applicants, recent federal
income tax returns, current pay stubs, and current bank statements.
Frequently Asked Questions About New Jersey § 18a:71c-23
What does New Jersey Statutes § 18a:71c-23 cover?
Section 18a:71c-23 is part of the New Jersey Statutes, the codified statutory law of New Jersey. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite New Jersey § 18a:71c-23?
A common citation format is "New Jersey Statutes § 18a:71c-23" (New Jersey). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of New Jersey law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the New Jersey official source linked on this page or consult a licensed New Jersey attorney.
How does New Jersey § 18a:71c-23 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in New Jersey can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in New Jersey.