My boyfriend doesn't have money and I need a man with money; can I dump him?

I need to know if love can survive without money because in my situation I do not think so. I have a boyfriend that I love and he loves me too but he is broke and really jealous and possessive. We have been dating for almost two years now and I have been faithful and honest.

The problem here is that my sponsors who help out with my education are no longer helping out as they used to and I have so many needs for money especially...
My textbooks and other essentials which I can't readily get anymore and my boyfriend, being broke cannot help out either. He is yet to get a job and I am getting really sick and tired because I need money FAAAAST!

I met someone else who can actually assist me because he is financially stable but I am reluctant in accepting his proposal of a relationship because of my current relationship.

Should I break up with my boyfriend? I know it would hurt him but I really can't keep up with all these problems anymore. Please sincere advice.