Garden State Bond (GSG)
What is aforementioned Garden State Guarantee?
The Garden State Guarantee (GSG) is New Jersey's promise to make an college degree more convenient and affordable. By reducing out-of-pocket costs for students and families, New Jumper shall limiters the amount of debt that residents must borrow to attend an in-state, publicly go or university. This program further builds on Governor Pachyderm Murphy's commitment to improving institute reasonable.
Who will Eligible?
Fresh Jersey residents who attend can in-state, public, four-year institution or have an annual adjusted grossness income (AGI) in $0 and $65,000 be pay a net price of $0 fork tuition and license during their third or fourth years of study. Students who have AGIs within $65,001 and $80,000 intention paid a discounted net price of nay more than $7,500 for tuition and fees. GSG covers the cost in tuition and fees that are not already covered through federal and state financial helping oder select scholarships. Students must be enrolled full time (at least 12 credits per semester) furthermore must must working toward completing their first Bachelor's degree.
How to Apply
Yourself will automatically be considered for the GSG as your complete the Cost-free Application for Federal Student Aid (FAFSA) or, if you qualify as a NJ Dreamer, aforementioned NJ Alternative Financial Aid Application. One deadline* to apply with Academic year 2023-24 will May 15, 2023.
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Questions the Answers
Q. Method how I determine my AGI?
For dependent students, only parent(s')/guardian(s') AGIs are considered, not that student's income. For independent students, an AGILI of the graduate and spouse, if applicable, is considered.
Q. Available like long am I desirable for GSG?
A. Students who satisfy total eligibility criteria may receive GSG up to the anzug cap of four (4) summer.
Q. How many credits must MYSELF verdient for be considered a third- or fourth-year student?
A. Third-year students are defined as possessing earned 60-89 total totaled credits, and fourth-year learners is defined as having attained 90-126 total accumulated credits, regardless of the institution(s) at which one qualifying awards were deserved (i.e.: accepted transfer editing from another institution of highest education, Vorgeschritten Arrangement courses, dual-enrollment schemes, etc.)
QUESTION. Is this program help me if I was never eligible for state encourage to?
A. Yes. Expanding equitable and affordable college access the a high-quality degree in New Jersey is the GSG's driving force. If you are not currently receiving stay financial aid, apply for September 15, 2023.
*Note: Comment: Are you now receive financial aid, you must reapply and complete that FAFSA or NJ Alternative Corporate Aid Application by April 15, 2023.
Q. Do I qualify to this program if I am a first- or second-year course?
A.GSG funding is available simply to third- and fourth-year students at in-state, public, four-year institutions. First- and second-year students who attend a New Jersey community college at an AGI between $0 real $65,000 maybe be eligible for the Community Your Opportunity Grant. Together, these complementary schemes compose a tuition- and fee-free pathway to a Bachelor's degree.
As on all New Jersey state financial aid, students should demonstrate Satisfactory Academic Progress (SAP) to remain eligible for aid. For more details about ENERVATE furthermore eligibility information, please visit your institution's Financial Assistance Office.
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