NJAR® Educational Foundation to Present 39 Scholarships This Spring

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Edison, NJ – March 16, 2009 – (RealEstateRama) — The New Jersey Association of REALTORS® Educational Foundation (NJAREF) will present 39 scholarships this year, ranging from $1,000 to $2,500 each. Applications will be accepted until April 6, 2009 from:

  • High school seniors who will be attending an undergraduate four-year institution;
  • Students currently enrolled in undergraduate four-year institutions; and
  • Students pursuing graduate studies in real estate or allied fields.

“The goal of the Foundation is to foster tomorrow’s professionals by helping them achieve their dreams today,” said NJAREF President Christine Caggiano. “Due to the generous support of NJAR® members and New Jersey’s local boards and associations of REALTORS®, the Foundation is proud to present a total of $59,250 to offset the cost of education for deserving students.”

Criteria for selection of this year’s scholarships include academic achievements, financial needs, interest in real estate endeavors, and contribution to family, school and community. Additionally, applicants must reside in New Jersey and be a member or relative of a member of the New Jersey Association of REALTORS® (NJAR®). The William J. Carlton Memorial Award is available to applicants from Mercer, Middlesex or Somerset counties. There will be no limitations as to location of college attended provided the applicant is a resident of New Jersey.

NJAREF is a non-profit organization that was established in 1969 to foster education, promote knowledge, conduct research, and assist in the education of students pursuing a college or university degree. In 1969, the Foundation received its first major gift of $10,000, followed by other large donations “in memoriam” throughout the years. Today, the scholarship program continues to grow and benefit those pursuing higher education.

The deadline for applications is Monday, April 6, 2009 at 5 p.m. Application and scholarship guidelines are available on the Foundation’s website at http://www.njar.com/about_njar/ef.

The following is a complete list of scholarships. The number of awards available is indicated in parentheses.

$2,500 Awards
(1) Monmouth County Association of REALTORS® Award
(1) Dean A. Gallo Memorial Award sponsored by the North Central Jersey Association of REALTORS®
(1) Michael A. Campbell Award sponsored by the North Central Jersey Association of REALTORS®
(1) Edward A. Ward Award sponsored by the North Central Jersey Association of REALTORS®
(1) Greater Union County Association of REALTORS® Award

$2,000 Awards
(2) Nancy Reynolds Memorial Awards
(1) Nutter/Schwartz Award sponsored by the Burlington Camden County Association of REALTORS®

$1,500 Awards
(1) Atlantic City & County Board of REALTORS® Award
(1) Cape May Association of REALTORS®, Inc. Award in memory of Ruth McCormick
(1) Century 21 Broker Council
(1) Eastern Bergen County Board of REALTORS® Award
(1) Hunterdon/Somerset Association of REALTORS® Award in honor of Claudia Pascale
(1) Hunterdon/Somerset Association of REALTORS® Award in memory of Frank Freehauf
(1) Mercer County Association of REALTORS® Award in memory of Jerry Lancaster
(1) Ocean County Board of REALTORS® Award sponsored by the Ocean County Board of REALTORS® in memory of Gertrude Stefanik
(1) RealSource Association of REALTORS® Award in memory of Celia Krieger
(1) Sponsored by the Stefanik Family in memory of Gertrude Stefanik
(2) Sponsored by the New Jersey Association of REALTORS® Educational Foundation

$1,250 Awards
(10) Sponsored by the New Jersey Association of REALTORS® Educational Foundation
(2) Sponsored by the New Jersey MLS
(1) Sponsored by the New Jersey Chapter Certified Residential Specialists
(1) Gloucester/Salem Counties Board of REALTORS® Award in memory of Clarence White
(1) William J. Carlton Memorial Award

$1,000 Awards
(1) Sponsored by RE/MAX Broker Owner Council
(1) Sponsored by the West Essex Board of REALTORS®
(2) Sponsored by the Jay P. Okun Foundation, Inc.

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For media inquiries contact:

Lauren Castellano
Media Coordinator
Phone: (732) 494-4709
Fax: (732) 404-8130
E-mail: lcastellano (at) njar (dot) com

For legislative related media inquiries contact:

Danielle Alpert
Government Relations Coordinator
Phone: (732) 494-4730
Fax: (732) 404-8127
E-mail: dalpert (at) njar (dot) com

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The New Jersey Association of REALTORS® (NJAR®) is a non-profit organization serving the professional needs of its members. It is part of the nation's largest trade organization, the  NATIONAL ASSOCIATION OF REALTORS® (NAR).

NJAR® membership is composed of commercial and residential brokers and salespeople, property managers, appraisers, counselors and other real estate professionals who have pledged to subscribe to a strict Code of Ethics.

Contact:

Lauren Castellano
Media Coordinator
Phone: (732) 494-4709
Fax: (732) 404-8130
E-mail:lcastellano@njar.com

NJAR
295 Pierson Avenue
Edison, NJ 08837    

Phone: (732) 494-5616
Fax:   (732) 494-4723

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