The College of New Jersey EOF Promise Endowment
For 40 years now the Educational Opportunity Fund (EOF) program has helped assist more than 1,200 graduates of The College of New Jersey realize their aspirations and dreams. EOF alumni currently represent virtually every field of study and walk of life in and outside of the Garden State.
During TCNJ’s Sesquicentennial year, EOF was further solidified at the College with the inauguration of the EOF Promise Award—the first program of its kind in New Jersey. It enhanced EOF by providing funding that bridged the gap between all direct and indirect costs of a TCNJ education.
Studies show that the time of transition from high school to college is when students are most at risk academically. The EOF Promise Award enables students to attend college at virtually no cost as freshmen and sophomores. In subsequent years, work-study, loans, and other funding sources assist them with obtaining a degree. This helps them focus entirely on academic success.
In January 2008, an anonymous donor provided a gift of $1 million to The College of New Jersey, stipulating that as much as $750,000 be directed in support of scholarships for underrepresented groups.
In keeping with that wish, TCNJ opted to create an endowment called the EOF Anonymous Promise Endowment. The endowment establishes a permanent fund whose earnings would be used annually to help EOF students. This fall, seven students benefitted directly from this generosity and foresight through the EOF Promise program.
Securing the Promise
Last summer, a group of EOF alumni met in an effort to enhance the endowment fund to help TCNJ provide for the permanent success of the EOF Promise Award. In the time since, they have unanimously stepped forward to make either a financial contribution or pledge over the next three years.
Your personal and professional success, as well as that of fellow EOF alumni from the College, is a wonderful testimonial to the education and support you received here. Join peer EOF alumni in supporting the EOF Promise Endowment fund by making a three-year pledge, or one-time gift. Our goal of more than $100,000 will enable TCNJ to provide permanent financial support for current and future EOF students for many years to come.
While gifts of any size are appreciated, a suggested gift of $180 per year, for each of three years, will help ensure that we meet this goal.
Already the results are promising:
- While TCNJ’s EOF program was already one of the most successful in the state, the inaugural EOF Promise class had a nearly 10 percent increase in their retention to graduation.
- Of the EOF Promise students enrolled in the Fall of 2005, there is nearly an 80 percent retention rate.
- Among EOF Promise students admitted for the Fall of 2006, 79 percent are on track to graduate within four years.
- Last year’s freshman class witnessed a 95 percent retention rate into sophomore year.
EOF Alumni Fundraising Committee
Marvin Adames ’94
Arcelio Aponte ’85
Gary Gellman ’89
Carl Gibbs, Jr. ’93, Chair
Noel Gibson ’82
Pauline Gibson ’84
Tracey Harris ’92
Yvonne Harris-Johnson ’77
Jamal Johnson ’01
James Moore ’91
Rasheed Muse ’99
Tracey Overton ’96
For more information, contact:
Office of Development