Educational Opportunity Fund
What is EOF?
The New Jersey Educational Opportunity Fund (EOF) provides financial assistance and support services (e.g. counseling, tutoring, etc.) to students from educationally and economically disadvantaged backgrounds who attend participating institutions of higher education in the State of New Jersey. Please visit the Educational Opportunity Fund website for additional historical and current information about the fund.
The EOF Program at Monmouth University
The Educational Opportunity Fund Program (EOF) at Monmouth University is to provide access and support to highly motivated scholars from New Jersey who come from a 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.
- Considered a medium sized academic support program that provides comprehensive support services throughout the university journey.
- Meet regularly with the EOF professional staff focus on academic, personal, financial and career development while working closely with on campus and local resources.
- Provide leadership opportunities, social engagements, educational workshops, and professional development.
- Encourage and empower scholars to be involved in clubs, organizations, athletics, service trips, research, and study abroad programs.
My Extra Outstanding Family, by EOF Scholar Nicholas Verzicco
Hawk Talk presented during Monmouth University Student Scholarship Week
The Hawk Talks is a 5-minute TED-talk style presentation that highlights student work from all academic disciplines, including graduate and undergraduate students, in one premier interdisciplinary event.
Apply for EOF
First Year and Transfer students that are interested in applying for EOF must indicate their interest on the Common App or the Monmouth University application. This will automatically email our supplemental application to be completed online.
Current MU Hawks interested in applying for EOF must meet with a member of the EOF staff to understand the requirements of the program and receive the application.
Eligibility & Applying for EOF
To be considered for the EOF program, you must:
- Have/plan to have a high school diploma or equivalent
- Be a United States citizen, permanent resident, or NJ Dreamer
- Be a New Jersey resident for at least one year (12 consecutive months)
- Meet the NJ state mandated income guidelines (see Income Eligibility Scale on application)
- Must demonstrate an educationally and economically disadvantaged background
- Complete an application for admission to Monmouth University and the supplemental EOF application
- Enroll as a full-time student
- Submit the Free Application for Federal Student Aid (FAFSA) or the New Jersey Alternative Financial Aid Application
- Initial scholars must have the ability to attend a subsidized five-week, residential summer program that focuses on scholastic skills, academic success, and leadership skills.
Income Eligibility Scale
2022-2023 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 | $25,760 | $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 |
2023-2024 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 | $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 $9,440for each additional family member | Add $1,888 for each additional family member |