Section 18A:71C-68 - Eligibility for participationTo be eligible to participate in the program, an applicant shall:
a. be a resident of the State and maintain residency during program participation;b. be a graduate of an approved STEM degree program at an institution of higher education located in New Jersey;c. have an outstanding balance on a qualifying student loan and not be in default on any qualifying student loan;d. have been employed full-time in a designated high-growth STEM occupation for a minimum of four years prior to initial application to the program and be employed thereafter for an additional one to four years in a designated high-growth STEM occupation;e. provide certification that the applicant's employer has agreed to annually provide the applicant at least a 100 percent match of the loan redemption benefit under the program during the applicant's participation in the program and employment in a designed high-growth STEM occupation; andf. satisfy any additional criteria the authority may establish.Added by L. 2018, c. 142,s. 3, eff. 12/14/2018.