Senate Republican Leader Tom Kean has announced plans to sponsor a state budget resolution to expand funding for the New Jersey Educational Opportunity Fund (EOF) by $1 million over FY 2016 levels.
A budget resolution that will be introduced by Sen. Tom Kean would expand funding for the New Jersey Educational Opportunity Fund by $1 million in the upcoming fiscal year. (Flickr)
The $3.565 million resolution would fully restore a $2.565 reduction of EOF in the proposed FY 2017 state budget, and further expand the program’s funding by $1 million in the upcoming fiscal year.
“Senate Republicans understand that education is the single greatest pathway to economic opportunity for New Jersey residents,” said Kean. “For the aspiring young students who aren’t sure how they’ll afford tuition or succeed in a college environment, the EOF represents a critical support structure. Our funding proposal will ensure that the EOF can continue to serve those who need it.”
The EOF provides financial assistance and support services (e.g. counseling, tutoring, and developmental course work) to students from educationally and economically disadvantaged backgrounds who attend institutions of higher education in the State of New Jersey.
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