As college cost continues to increase (on average tuition goes up 8% each year), some families literally cannot afford to send their child to college. In addition to state, federal, and institutional scholarships, grants, and loans, NJ has money specifically for students that demonstrate a great deal of financial need. Students from an economically disadvantaged background may qualify for the Educational Opportunity Fund (EOF) or the Tuition Aid Grant (TAG) in many of our NJ public and private institutions.
To be eligible, students must have lived in New Jersey for at least 12 months, and plan on attending a NJ college or university. Tuition Aid Grants can cover up to the total cost of tuition for many of the NJ schools and the Educational Opportunity Fund can award students annually anywhere from $200-$2,500. For students to be eligible for either of these awards, they must show strong academic capabilities and must demonstrate financial need.
The chart that shows where the family income level must be at in order to receive an EOF grant can be found HERE. Eligibility requirements and instructions on how to apply are located HERE. Finally, in order to figure out if you qualify for a TAG award, how much you may receive, and all participating NJ schools, please click the tab HERE.
