NJ State Aid: See How Much Red Bank & Shrewsbury Schools Will Get

RED BANK-SHREWSBURY, NJ — Governor Mikie Sherrill's proposed budget for 2026-27 includes a record $12.4 billion in aid to the state's 574 public school districts, including ones in Red Bank and Shrewsbury.

On Thursday, the NJ Department of Education released its aid figures for each school district across the state.

Similar to the 2025-26 school year, most aid increases were capped at 6%, with the majority of aid cuts capped at 3%.

• Read More: NJ State Aid: See How Much Your School Is Getting For 2026-27

In Red Bank and Shrewsbury, some school districts will see a rise in funding, while others are facing cuts.

Here’s the state aid breakdown for the 2026-27 school year:

Red Bank Borough School District

• Will see $6,640,221 in aid
  • A $205,368 (or -3%) difference from 2025-26

Red Bank Regional High School District

• Will see $2,280,042 in aid
  • A $129,059 (or 6%) difference from 2025-26

Shrewsbury Borough School District

• Will see $639,903 in aid
  • A $36,220 (or 6%) difference from 2025-26

Monmouth Regional High School District

• Will see $2,106,467 in aid
  • A $119,234 (or 6%) difference from 2025-26