college funding

The Murphy administration has a new strategic plan for colleges that ties some funding to student-based outcomes. In total, it adds $14 million in funds.

Q. My daughter is having her first baby and I want to give a money gift for college. What’s the best way to do this?

Q. I know I’m supposed to position my money long before we apply for financial aid. What moves should we consider making?

Q. My mother wants to gift my two kids $50,000 each for college. I know there can be tax and financial aid consequences. Any advice on the best way to do this?

Q. My son has two more years of college to go and we don’t have enough money. What kinds of scholarships can he find, and where can he look? I know there are scam sites out there and we want to be careful.

Q. I was able to pay full tuition for my older child but I will run out of money when my younger one is a sophomore. It doesn’t seem fair to pay for one and not the other. Any ideas?

TRENTON, N.J. (AP) -- New Jersey's two U.S. senators say 12 of the state's community colleges will be sharing $15 million in federal funding.