@ManFromNeptune According to my reading on the Rutgers website, that $27,400 includes R&B allowance, which corresponds to full COA for in-state students (excluding books, miscellaneous expenses, etc).
OOS tuition is an extra +16K annually. I couldn’t find any information on the Rutgers website about OOS tuition waiver or equivalent for Presidential awardees. You may want to contact them on that point.
Per information posted by Rutgers on line, awardees come from the top 1-2% of applicants. This likely corresponds to SAT of 1500+/NMS, very high HS class rank, strong course rigor, and unweighted GPA approximating 4.0. Go back to threads on the Presidential for previous years here on CC to get an idea of the stats associated with Regents/Presidential.
To be considered, must apply by Dec. 1.