A New Jersey university is looking to ease some of the financial burden for college students through a new free tuition program.

Rider University in Lawrenceville recently introduced the Rider Tuition Guarantee for students pursuing undergraduate degrees who meet certain financial and academic requirements. The university says the goal of the program is to fill the gap in financial aid after all other grants and scholarships have been applied.

"We're dedicated to removing financial barriers for students through Rider's robust scholarship opportunities and innovative financial aid support like the Rider Tuition Guarantee," Drew Aromando, vice president of Enrollment Management said in a statement. "Through this opportunity, high-achieving students who call New Jersey home can pursue their program of choice."

In order to qualify for the free tuition program, students must live in New Jersey and have a GPA of 3.5 or higher. In addition, students must reside in a household with a gross income of $50,000 or less and must be receiving both Pell grants and full Tuition Aid Grants.

Incoming undergraduate students will also have the opportunity to obtain free textbooks as part of the university's Books for Broncs initiative. To be eligible, students will have to complete three qualifying campus visits with the Office of Admissions.

The Rider Tuition Guarantee is available for incoming, first-year and transfer undergraduate students who are in good academic standing.