The New Jersey Educational Opportunity Fund (EOF) is a state-sponsored program that provides educational, financial, and support services (counseling, tutoring, and developmental course work) to eligible students from under-resourced communities who have educationally and economically disadvantaged backgrounds, who also attend qualified institutions of higher education in the State of New Jersey. 

EOF Eligibility

All program participants must meet the university’s academic guidelines

  • Demonstrate an educational and economic need
  • Be a New Jersey resident 12 consecutive months prior to attending
  • Meet the academic criteria as set by the institution
  • File a Free Application for Federal Student Aid (FAFSA) or the New Jersey Alternative Financial Aid Application
  • Proof of historical poverty where gross income and assets fall within the criteria shown in the chart below:

2022-2023 EOF Income Eligibility Scale with Asset Cap Calculation

Applicants with Household Size of Gross Income (Not to Exceed) Maximum Asset Cap
1 $25,760 $5,152
2 $34,840 $6,968
3 $43,920 $8,784
4  $53,000  $10,600
5  $62,080  $12,416
6  $71,160  $14,232
7  $80,240  $16,048
8  $89,320  $17,864
8+   Add $9,080 for each additional family member  Add $1,816 for each additional family member

First Year Students

First year students applying to Stevens have the opportunity to indicate an interest in being considered for EOF on their application for admission.While a separate application is not required for consideration, applicants must submit the following additional financial documents via their applicant portal so that financial eligibility for EOF can be determined:

  • EOF Supplement Checklist
  • Verification Worksheet
  • Income Tax Transcripts (2019 & 2020)
  • W2 or 1099’s (2019 & 2020)
  • Additional Supplement Form

After the admissions application is submitted, students will receive an email with instructions outlining the required financial documents as well as how to access the applicant portal where they will be able to upload these materials.

Applicants must also submit the FAFSA and CSS Profile as a part of their EOF and financial eligibility review. Students who cannot file a FAFSA may complete the NJ Alternative Financial Aid Application and should contact the Office of Financial Aid for more information at [email protected].

To be reviewed for EOF, applicants must submit the above financial documents by deadlines related to their application decision plan. The EOF program has limited enrollment capacity and is filled on a first-come, first-serve basis.

EOF students at Stevens are offered financial aid to assist them in meeting the costs of tuition and fees. EOF financial aid offers consist of a combination of federal, state, and institutional merit and grant aid. Included in the offer is an EOF Grant. The EOF Grant is currently $2,750 for the academic year.

Please note that submission of documentation does not guarantee admission to Stevens or the EOF Program.

Transfer Students 

Transfer students applying to Stevens have the opportunity on their application to indicate an interest in being considered for EOF. A separate application is not required for consideration. If admitted, the student must reach out to Dean Deborah Berkley to discuss their EOF eligibility at Stevens further. EOF transfer spots are extremely limited and if available they will be filled on a first-come, first-serve basis.

EOF financial aid offers consist of a combination of federal, state, and institutional merit and grant aid. Included in the offer is an EOF Grant. The EOF Grant is currently $2,750 for the academic year.

 

Read more about the NJ Educational Opportunity Fund. If you have any questions about EOF at Stevens, please contact [email protected].