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Educational Opportunity Fund (EOF) Program at Monmouth University

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Educational Opportunity Fund (EOF) Program at Monmouth University

The mission of the Educational Opportunity Fund Program (EOF) at Monmouth University is to provide access to highly motivated scholars from New Jersey who come from an educationally and economically disadvantaged background, but exhibit the potential to achieve an undergraduate education. Our scholars are provided full-time admission, financial support, and comprehensive services necessary to achieve academic success, foster personal growth, and promote career development. Furthermore, our scholars engage in transformative learning opportunities that empower them to become lifelong-learners, critical thinkers, ethical leaders, and productive citizens in a diverse global society.

Do I qualify for the EOF program?

To be eligible for the EOF program, you must:

  • Have a high school diploma or equivalent
  • Be a New Jersey Resident for at least one year
  • Complete an application for admission to Monmouth University and the EOF application
  • Enroll as a full-time student
  • Complete the Free Application for Federal Student Aid (FAFSA); or the NJ Alternative Financial Aid Application
  • Meet Monmouth University EOF criteria for admission
  • Have at least 54 transferrable credits *for transfer students only
  • Meet the State EOF and University’s income eligibility criteria
  • Demonstrate an educationally and economically disadvantaged background

2023-2024 EOF Income Eligibility Scale with Asset Cap Calculation

Applicants with a Household Size ofGross Income (Not to Exceed)Max. Asset Cap
(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
8+Add $9,440 for each additional family memberAdd $1,888 for each additional family member

How do I apply for the EOF program?

Space in the EOF entering class is limited. We strongly encourage you to apply to the program and to Monmouth University as early as possible.

First-year EOF Admission Process at Monmouth

  • Applicants must indicate their interest for the EOF program on their Monmouth University or Common Application.
  • After submitting a completed Monmouth application and selecting EOF on the application, the applicants will receive an email with a link to complete a separate EOF application and essay.
  • Applicants will provide household financial documentation to support their application.
  • A limited number of applicants will be invited to interview with the EOF staff. 
  • Monmouth University’s EOF program is highly competitive with limited spaces available.

Transfer EOF Admission Process at Monmouth

Transfer students who are interested in applying for EOF must indicate their interest on the Common App or Monmouth application. This will automatically email our supplemental application to be completed online. All transfers that are accepted into our program will receive comprehensive support services through regular 1:1 counselor meetings, workshops, social engagements, and resources. Transfers with 54 or more transferable credits will be eligible for a potential EOF state grant and EOF university scholarship, transfers with less than 54 transferable credits will be eligible for a potential EOF state grant.

Steps in EOF Transfer Selection Process:

  1. Complete the Common App or the Monmouth University application.
  2. Complete EOF application.
  3. Submit an EOF transfer form if you were a prior EOF participant at another NJ college or university.
  4. Attend an EOF Transfer Information Session.
  5. Complete a one-on-one interview with an EOF staff member.

What Do I Need To Apply?

If your family filed taxes for the prior, prior year:

  • Copy of your and/or your family’s federal tax returns with all schedules and worksheets.
  • Note: Be sure to get both parents’ tax returns if they are still married OR living together in the prior year

If your family did NOT file taxes for the prior, prior year

  • You will need to show all sources of income for your household. Examples may include:
    • W-2 statements if you and/or your parents worked but did not/will not file taxes; unemployment benefits’ non-filer statement from the IRS;
    • Public Assistance Statements (Welfare, Temporary Assistance Needy Families TANF), SNAP, WIC, or Housing Assistance)
    • Child Support, Pension, Disability, or Veteran Benefits

Sample forms: