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New Jersey Bankers Education Foundation, Inc.
The New Jersey Bankers Education Foundation was established in 2005 to honor fallen or permanently disabled military members in the post-9/11 Afghanistan and Iraq conflicts by providing scholarships to their eligible dependents. Either the dependent or the service member must have a connection to New Jersey. The Foundation is completely funded by New Jersey banks and governed by industry trustees. In general, scholarships cover all or a portion of tuition and books/supplies not covered by an academic scholarship and Veteran Administration benefits.

To date, the Foundation’s Trustees have awarded several scholarships to a spouse of an Army National Guard Specialist who lost his life in Iraq in 2004. With help of the Foundation, she recently graduated and plans to work with children experiencing emotional and behavioral challenges, including those who have a parent deployed with the New Jersey National Guard. We hope to be able to provide similar assistance to their young child when he nears college age.

More recently, the Foundation provided a scholarship to a Long Branch, New Jersey, spouse of an Army Corporal who was killed in Iraq earlier in 2009 when his vehicle was struck by an explosive devise. This 23-year-old recipient attends Monmouth University and hopes to work with elementary or middle school children. Read their stories .

The Foundation seeks member bank financial support so that we can be assured of having sufficient resources to meet the needs of the many children left behind as they approach college-age years. While there is no suggested contribution, we ask that member banks be as generous as possible, as there is no better way to honor the service of these fallen heroes than to help those they left behind.  Checks should be made payable to the New Jersey Bankers Education Foundation and mailed to the NJBankers office at 411 North Avenue East, Cranford, NJ 07016. The foundation is a 501(c)(3) organization and contributions are tax deductible.

If you are interested in applying for a scholarship, please click here for the application or contact James Meredith at
908-272-8500, ext. 614, or jmeredith@njbankers.com, for additional information.

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411 North Avenue East | Cranford, NJ 07016 | Phone: (908) 272-8500 | Fax: (908) 272-6626