Today, a shifting economy poses a significant challenge for NJCU students, as 82% rely on financial aid to cover their expenses. Fortunately, alumni and friends of the University have the ability to turn their dream of a quality education into reality.
A majority of NJCU students come from low-income families and depend on need-based scholarships. For many of our students, financial assistance is the deciding factor on whether to remain enrolled or drop out. Scholarship recipients retain at 12% points higher than students not receiving any type of scholarship.
Chair, NJCU Foundation
Founder of the Eugenio and Esperanza Hernandez Annual Scholarship
Music Business Major
Endowed Scholarships are invested and awards are distributed from the investment income. This means that your scholarship lives on in perpetuity.
Annual Scholarships allow your gift to be used in its entirety. Unlike an endowed scholarship, an annual scholarship is not a permanent fund and is awarded only as long as you choose to contribute to the fund.
As a scholarship donor, you choose the name of your scholarship.Scholarships are often named after the donor, company, organization or to honor parents, professors or other important people in one’s life.
Our team will assist you with writing a detailed scholarship agreement, specifying how your fund will be used and administered. Criteria for the scholarship may be based on academic achievement, financial need or both; and may be made available to students enrolled in a certain college, department, or program.
Once your scholarship agreement is signed, we will administer your scholarship and send you an annual scholarship report that will include your recipient(s) information.
Ready to establish your scholarship? Please call 201-200-3489 or email firstname.lastname@example.org