Fees of up to £9,250 per year – the standard yearly fee for an undergraduate – will be paid by the States starting from this September, if Members back the plans.
The threshold of £110,000 is £40,000 less than that originally put forward by Treasury Minister Alan Maclean during last year’s Budget debate.
Any household earning over that amount will have a percentage of the fees paid, based on a sliding scale.
Any family earning £200,000 and above will not be eligible to any form of grant. Meanwhile, the maximum standard maintenance grant for living expenses will increase by £1,500 per year, taking it to a maximum of £7,500 per student.
The maintenance grant will be available in full to households with a total income of up to £50,000.
It will reduce on a sliding scale to families who earn up to £90,000. Chief Minister Senator Ian Gorst said: ‘Our young people will now be able to contemplate a university education with less worry about financing it.
‘I am delighted we have been able to find a solution that avoids large debt, either for students or for the Island. This will ultimately strengthen Jersey’s economy by providing the skilled employees our businesses need to thrive.’
The proposals will be debated on 10 April.