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Applying for EOF

Applying for EOF

What is EOF?

The New Jersey Educational Opportunity Fund (EOF) provides financial assistance and support services (e.g. counseling, tutoring, and developmental coursework) to students from educationally and economically disadvantaged backgrounds who attend participating institutions of higher education in the State of New Jersey.

Am I Eligible?

To be eligible for the EOF undergraduate program, you must:

  • Be a first-year first time college student
  • Be graduating from high school or receiving the equivalent of a high school diploma
  • Be a United States Citizen or Permanent Resident or other non- US Citizen Eligible for Federal Aid
  • Be a New Jersey Resident resident 12 consecutive months prior to receiving the award
  • Must demonstrate an educationally and economically disadvantaged background
  • Complete an application for admission to Monmouth University
  • Meet Monmouth University EOF criteria for admission
  • Enroll as a full-time student
  • Complete the Free Application for Federal Student Aid (FAFSA); or the NJ Alternative Financial Aid Application
  • Meet the State EOF and University’s income eligibility criteria (see chart below)

To be eligible for the EOF undergraduate institutional funding, you must also:

  • Participate in a five week residential Summer Academy that focuses on preparing scholars to make a successful transition from high school to university life

2021-2022 EOF Income Eligibility Scale with Asset Cap Calculation

Applicants with a Household Size of Gross Income (Not to Exceed) Max. Asset Cap (Not to Exceed)
1 $25,520 $5,104
2 $34,480 $6,896
3 $43,440 $8,688
4 $52,400 $10,480
5 $61,360 $12,272
6 $70,320 $14,064
7 $79,280 $15,856
8 $88,240 $17,648
8+ Add $8,960 for each additional family member Add $1,792 for each additional family 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