N.J. Admin. Code § 9A:1-9.1

Current through Register Vol. 56, No. 11, June 3, 2024
Section 9A:1-9.1 - General procedures for institutional closure
(a) An institution that plans to cease operations or whose licensure has been revoked shall submit to the Secretary a plan for institutional closure, which must include the following:
1. The planned date of termination of operations;
2. A plan to continually notify relevant stakeholders of pertinent information related to the institution's closure as the information becomes available. Relevant stakeholders include, but are not limited to, the Secretary, enrolled students, admitted students, candidates who have submitted applications where no determination has been made, recent graduates, graduates that maintain institutional debt, faculty, staff, host communities, including the applicable municipal and county government(s), the elected State representative and senator in the legislative district where the institution is located, the chairpersons of the State Senate and Assembly Higher Education Committees, and the New Jersey Commissioner of the Department of Labor and Workforce Development;
3. A plan for the transfer and long-term maintenance of all essential records, particularly, but not limited to, academic records of current and former students, by a third-party or parties before the licensed institution ceases operations. Such a plan should include, at a minimum, the following:
i. The planned date and receiving location for the transfer of student records;
ii. The name and address of the third-party organization(s) or eligible transfer institution(s) to receive and manage the student records; and
iii. The contact information of the third-party official(s) who is/are designated to manage transcript requests.
4. Arrangements for the continued education of currently enrolled students through a teach-out agreement developed pursuant to N.J.A.C. 9A:1-9.2, or other practical solution; and
5. Evidence of communication with the New Jersey Higher Education Student Assistance Authority and the U.S. Department of Education regarding the appropriate actions concerning State grants and scholarships, State loans, Federal grants and scholarships, and Federal loans, as applicable.

N.J. Admin. Code § 9A:1-9.1

Adopted by 54 N.J.R. 433(a), effective 3/7/2022