The New Jersey BEST Scholarship (NJBEST) provides a tax-free scholarship to beneficiaries of a NJBEST 529 College Savings Plan provided the beneficiary attends a college in New Jersey and the account has been open at least four years and contributions are $1,200 or greater. In order to be eligible for this scholarship, students must:
- Be a beneficiary of a NJBEST 529 College Savings Plan opened for at least four years
- Have total contributions to the NJBEST 529 plan of at least $1,200
- Be a resident of New Jersey at the time of college attendance
- Be enrolled at least half-time
Additional information may be found here. Please note that the NJBEST Scholarship is a one time award.