Initial EOF Eligibility is determined on the basis of both economic and educational criteria.
Because a student or a student’s family currently falls within the income criteria does not make the student automatically eligible for EOF.
Although students may qualify for the program, admission criteria give priority to first-time, full-time freshmen and to EOF transfer students in good standing from another EOF Program.
To be eligible for an Educational Opportunity Fund grant, a student must:
- Be a New Jersey Resident for at least one (1) year,
- Be recipient of High School Diploma or GED,
- Intend to have full-Time enrollment, in the first semester,
- Have only completed 32 College-level credits or less, and
- Meet the income Eligibility Guidelines based on the household income.
EOF Income Eligibility Scale
Dependent and independent students are financially eligible for an EOF grant based on the following scale:
ACADEMIC YEAR 2019-2020 |
||
| Applicants with a Household Size of |
Gross Income (Not to Exceed) |
Maximum Asset Cap for All Students (Not to Exceed) |
|---|---|---|
| 1 | $24,280* | $4,685 |
| 2 | $32,920 | $6,584 |
| 3 | $41,560 | $8,312 |
| 4 | $50,200 | $10,040 |
| 5 | $58,840 | $11,768 |
| 6 | $67,480 | $13,496 |
| 7 | $76,120 | $15,224 |
| 8 | $84,760 | $16,652 |
| 9+ | For each additional member of the household add $8,640 |
For each additional member of the household add $1,728 |
*Based upon State approval.
ACADEMIC YEAR 2020-2021 |
||
| Applicants with a Household Size of |
Gross Income (Not to Exceed) |
Maximum Asset Cap for All Students (Not to Exceed) |
|---|---|---|
| 1 | $24,980 | $4,996 |
| 2 | $33,820 | $6,764 |
| 3 | $42,660 | $8,532 |
| 4 | $51,500 | $10,300 |
| 5 | $60,340 | $112,068 |
| 6 | $69,180 | $13,836 |
| 7 | $78,020 | $15,604 |
| 8 | $86,860 | $17,372 |
| 9+ | For each additional member of the household add $8,840 |
For each additional member of the household add $1,768 |