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Press Release

Press Room, New Jersey Association of REALTORS®

Embargoed until:
June 20, 2007

NEW JERSEY ASSOCIATION OF REALTORS® EDUCATIONAL FOUNDATION AWARDS $52,750 IN SCHOLARSHIPS TO 36 STUDENTS

EDISON, N.J. - The New Jersey Association of REALTORS® Educational Foundation (NJAREF) today awarded 36 students with a total of $52,750 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 ceremony this afternoon at the Westwood in Garwood, N.J.

"It's wonderful to be able to give back to our communities by providing assistance to students who work hard and show a lot of dedication and commitment towards their education," said NJAREF President Christine Caggiano. "All of the winners demonstrate excellence in their academics and community service, among many other areas. We wish each student the best of luck in all their future 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. The scholarship program is supported by NJAR® members and by the local boards/associations of REALTORS®. A list of 2007 NJAREF scholarship recipients is as follows:

$2,500 AWARD
Monmouth County Association of REALTORS® Award in memory of William Botwinick
Amanda Houlis -Pompton Lakes, N.J. attending Gettysburg College

$2,000 AWARDS
New Jersey Association of REALTORS® Educational Foundation Nancy Reynolds Awards
Christine Baltzell-Stabile -Ventnor, N.J., attending Richard Stockton College of New Jersey
Daniel Eckrote -Wayne, N.J., attending The College of New Jersey

Nutter/Schwartz Award Sponsored by the Burlington Camden County Association of REALTORS®
Matthew Cortland -Marlton, N.J. attending Rutgers University

Greater Union County Association of REALTORS® Award
Brandon O'Keefe -Rutherford, N.J. attending Seton Hall University

$1,500 AWARDS
New Jersey Association of REALTORS® Educational Foundation General Awards
Kristina Antipin -East Brunswick, N.J. attending Penn State University
Amanda Frank -Edison, N.J. attending University of Connecticut
Brianna Stimpson -Freehold, N.J. attending Wagner College

Atlantic City & County Board of REALTORS® Award
Russell Tepper -Florham Park, N.J. attending New York University College of Arts & Sciences

Cape May County Association of REALTORS®, Inc. Award
Talissa Dorsaint -Edison, N.J. attending Rutgers University

Eastern Bergen County Board of REALTORS® Award
Christopher White -Palisades Park, N.J. attending University of Delaware

Hunterdon/Somerset Association of REALTORS® Award in memory of Frank Freehauf
Dorothea Chang -Belle Meade, N.J. attending New York University Stern School of Business

Hunterdon/Somerset Association of REALTORS® Award in honor of Claudia Pascale
Ashley Melancon -Bridgewater, N.J. attending Richard Stockton College of New Jersey

Mercer County Association of REALTORS® Award in memory of Jerry Lancaster
Sujal Singh -Hamilton, N.J. attending John Hopkins University

Michael A. Campbell Award Sponsored by the North Central Jersey Association of REALTORS®
Troy Mullane -New Providence, N.J. attending University of North Carolina at Chapel Hill

Dean A. Gallo Memorial Award Sponsored by the North Central Jersey Association of REALTORS®
Stacy Rockwell -Parsippany, N.J. attending Kings College

Ocean County Board of REALTORS® Award in memory of Gertrude Stefanik
Alison Bucossi -New Providence, N.J. attending The University of Tampa

John P. Okun Foundation, Inc. Award
Charles Cunliffe -Lakewood, N.J. attending Rowan University

RealSource Association of REALTORS® Award in memory of Susan Charllis
Edward J. Rao, II -Hawthorne, N.J. attending Fordham University

Stefanik Foundation Award in memory of Gertrude Stefanik
Justin Pucci -Manahawkin, N.J. attending DeVry University

$1,250 AWARDS
New Jersey Association of REALTORS® Educational Foundation General Awards
Jaclyn Bavaro -Brick, N.J. attending Virginia Tech University
Elizabeth Estephan -Colts Neck, N.J. attending American University
John Goldner -Blairstown, N.J. attending Richard Stockton College of New Jersey
Amanda Goss -Wall, N.J. attending Villanova University
Roland Jarosz -Colonia, N.J. attending New Jersey Institute of Technology
Daniel Kurtz -Morganville, N.J. attending University of North Carolina
Arielle Lodish -East Brunswick, N.J. attending Springfield College
Alexander Mucci -Westfield, N.J. attending Bentley College
Lindsay O'Brien - Kinnelon, N.J. attending Lehigh University
David Stone -Toms River, N.J. attending Philadelphia University
Michael Varco -Metuchen, N.J. attending Drew University

Gloucester Salem Counties Board of REALTORS® Award
Megan McMenamin -Maple Shade, N.J. attending Immaculata University

New Jersey Chapter Certified Residential Specialist Award
Jincy Varughese -Old Bridge, N.J. attending University of Sciences in Philadelphia

New Jersey Multiple Listing Service Award
Elizabeth Broderick -Upper Saddle River, N.J. attending Manhattan College
Jessica Snidersich -Township of Washington, N.J. attending New York School of Visual Arts

$1,000 AWARD
West Essex Board of REALTORS®
Elizabeth Ann Allen -Forked River, N.J. attending Wake Forest University

The New Jersey Association of REALTORS® Educational Foundation (NJAREF) is a non-profit organization, that was established in 1969 to foster education, promote knowledge of, and conduct research in, and assist in the education of students pursuing a college or university degree. 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. For more information about the Foundation and/or its scholarship program, please visit http://www.njar.com/edfoundpublic.shtml.

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