N.J. Stat. § 54A:6-8: Scholarships and fellowship grants

a. Any amount received as a scholarship at an educational institution.

b. Any amount received as a fellowship grant.

c. Any amount received to cover expenses for travel, research or equipment which are incident to a scholarship or research grant, but only to the extent that the amount is so expended by the recipient.

L.1976, c. 47, s. 54A:6-8, eff. July 8, 1976, operative Aug. 30, 1976.