Initial The New Jersey Educational Opportunity Fund (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.
EOF Grant Eligibility Criteria
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, GED, or HSE,
- Intend to have Full-Time enrollment, in the first semester,
- Be placed in the American Language Program (ALP) level 2 or higher, if applicable, and
- Meet the Income Eligibility Guidelines below listed.
EOF Income Eligibility Scale
Dependent and independent students are financially eligible for an EOF grant based on the following scale:
EOF Income Eligibility Scale
|
||
Applicants with a Household Size of |
Gross Income (Not to Exceed) |
Maximum Asset Cap for ALL Students (Not to Exceed) |
---|---|---|
1 | $29,190* | $5,832 |
2 | $39,440 | $7,888 |
3 | $49,720 | $9,944 |
4 | $60,000 | $12,000 |
5 | $70,280 | $14,056 |
6 | $80,560 | $16,112 |
7 | $90,840 | $18,168 |
8 | $101,120 | $20,224 |
*** | For each additional member of the household add $10,280. |
For each additional member of the household add $2,056. |
EOF Income Eligibility Scale
|
||
Applicants with a Household Size of |
Gross Income (Not to Exceed) |
Maximum Asset Cap for ALL Students (Not to Exceed) |
---|---|---|
1 | $27,180* | $5,436 |
2 | $36,620 | $7,324 |
3 | $46,060 | $9,212 |
4 | $55,500 | $11,100 |
5 | $64,940 | $12,988 |
6 | $74,380 | $14,876 |
7 | $83,820 | $16,764 |
8 | $93,260 | $18,652 |
9+ | For each additional member of the household add $9,440. |
For each additional member of the household add $1,888. |