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Educational Opportunity Fund (EOF)

EOF Grant Eligibility Information

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