For Immediate Release:
June 18, 2008

NJAR^® EDUCATIONAL FOUNDATION CELEBRATES SCHOLARSHIP WINNERS

Foundation Awards $55,750 in Scholarships to 37 Students

(Edison, NJ) The New Jersey Association of REALTORS^® Educational Foundation (NJAREF) today awarded 37 students with a total of $55,750 in scholarships to use towards furthering their education. Scholarships this year ranged from $1,000 to $2,500 and were presented to recipients at a luncheon ceremony at The Westwood in Garwood, NJ. This year's event marks the 25^th anniversary of the Foundation's scholarship awards presentation ceremony.

"Today's ceremony is a wonderful occasion to come together to celebrate the scholarship recipients' dedication to community service and academic success," said NJAREF President Christine Caggiano. "It is extremely rewarding to give back to our communities by financially assisting these exceptional students with their educational pursuits. We certainly wish every recipient the best of luck in their college endeavors."

The Foundation provides scholarships to members of the New Jersey Association of REALTORS^® (NJAR^®) or relatives of NJAR^® members living in the state of New Jersey. Scholarships are given to 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 related fields. Students are selected based on criteria such as academic achievements, financial needs, interest in real estate endeavors, and contributions to family, school and community.

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 because of the generous support of NJAR^® members, the local boards/associations of REALTORS^®, and bequests received from the estates of former NJAR^® members.

Atlantic City & County Board of REALTORS® Award - $1,500
Amanda Houlis-Pompton Lakes, NJ attending Gettysburg College

Burlington Camden County Association of REALTORS® Award - $2,000
Matthew Olpinski-South Plainfield, NJ attending the Rochester Institute of Technology

Cape May County Association of REALTORS®, Inc. Award - $1,500
Stacey Rockwell- Parsippany, NJ attending King College

Eastern Bergen County Board of REALTORS® Award in Memory of Adrienne Meltzer - $1,500
Christopher White- Palisades Park, NJ attending University of Delaware

Eastern Bergen County Board of REALTORS® Award in Honor of Robert White, Jr.- $1,500
Eva Salierno- Clifton, NJ attending Montclair State University

Gloucester Salem Counties Board of REALTORS® Award in Memory of Clarence White - $1,250
Nicholas Covey- Plainsboro, NJ attending University of Southern California

Greater Union County Association of REALTORS® Award - $2,000
Jonathan Weisbrod- Union, NJ attending New York University

Hunterdon/Somerset Association of REALTORS® Claudia Pascale Award - $1,500
Carissa Bowen- Iselin, NJ attending Westminster Choir College of Rider University

Hunterdon/Somerset Association of REALTORS® Frank Freehauf Award - $1,500
Andrew Bucossi- New Providence, NJ attending Boston University

John P. Okun Foundation, Inc. Award - $1,500
Charles Cunliffe- Lakewood, NJ attending Rowan University

Mercer County Association of REALTORS® Award in Memory of Jerry Lancaster - $1,250
Matthew Cortland- Marlton, NJ attending Rutgers University

Monmouth County Association of REALTORS® Award - $2,500
Caitlin Venedam- Point Pleasant, NJ attending Saint Joseph's University

New Jersey Chapter Certified Residential Specialist Award - $1,250
Colleen Troy- Farmingdale, NJ attending Ramapo College of New Jersey

New Jersey Multiple Listing Service Awards - $1,250 each
Francine Lieberman- Maplewood, NJ attending University of Maryland
Nicole Waters- Secaucus, NJ attending Rutgers University

North Central Jersey Association of REALTORS® Dean A. Gallo Award - $2,500
Casey Burkhardt- Toms River, NJ attending Villanova University

North Central Jersey Association of REALTORS® Michael A. Campbell Award - $2,500
Krista Teresak- Pompton Lakes, NJ attending Emory University

Ocean County Board of REALTORS® Award in Memory of Gertrude Stefanik - $1,500
Elizabeth Estephan- Colts Neck, NJ attending American University

RealSource Association of REALTORS® in Memory of Celia Kreiger - $1,500
Brandon O'Keefe- Rutherford, NJ attending Seton Hall University

RE/MAX Broker Owner Council Award - $1,250
Gabrielle Craig- Williamstown, NJ attending University of Kentucky

Stefanik Family Award in Memory of Gertrude Stefanik - $1,500
John Salierno- Clifton, NJ attending Saint Peter’s College

West Essex Board of REALTORS® Award - $1,000
Elizabeth Broderick-Waldwick, NJ attending Manhattan College

William J. Carlton Memorial Award - $1,250
Jared Brenner- Princeton, NJ attending George Washington University

NJAR® Educational Foundation Nancy F. Reynolds Award - $2,000 each
Kevin Nguyen- Edison, NJ attending Stanford University
Monique Travis- Kendall Park, NJ attending Tuskegee University

NJAR® Educational Foundation General Awards - $1,500 each
Daniel Eckrote-Wayne, NJ attending The College of New Jersey
Jincy Varughese- Old Bridge, NJ attending University of the Sciences in Philadelphia

NJAR® Educational Foundation General Awards - $1,250 each
Elizabeth Allen- Forked River, NJ attending Wake Forest University
Jaclyn Bavaro- Brick, NJ attending Penn State
Rachel Benyola- Edison, NJ attending Rutgers University
Andrea Cortland- Marlton, NJ attending University of Miami
Michael DiPaolo- North Plainfield, NJ attending The College of New Jersey
Amanda Griffis- Moorestown, NJ attending Lafayette College
Robin Lackey- Belmar, NJ attending Boston College
Alexa Sherman- Howell, NJ attending Seton Hall University
Jeffrey Sowell- Brick, NJ attending Bucknell University
Lauren Van Winkle- East Rutherford, NJ attending The College of New Jersey

Photo of the scholarship recipients is available online at http://www.njar.com/pressroom/releases/2008/061808P.html.

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