What is the New Jersey Bankers Education Foundation, Inc.?
The New Jersey Bankers Education Foundation, Inc. is a 501(c)(3) organization that was formed by the Board of Governors of New Jersey League of Community Bankers (now, the New Jersey Bankers Association) in 2005. The Board was inspired by the significant work and sacrifices of United States military personnel throughout the world, particularly in the Afghanistan and Iraq conflicts. The Board wanted to do something to help dependents of service members that gave their lives or became permanently disabled in these conflicts and, accordingly, formed the Foundation to provide scholarships.

Who makes contributions to the Fund?
The Fund was established and is being funded by the members of the association.

Who is eligible to apply for a scholarship and what types of educational programs are acceptable for consideration?
Scholarship funds will be considered for those applicants that have a high school or equivalency diploma and are in pursuit of higher education, including technical or vocational training, and demonstrate a financial need. The Foundation defines dependency as the service members spouse, children, stepchildren and grandchildren, and any person for whom the soldier provided one-half of the support for the calendar year.

Either the dependent or the service member must have a connection to New Jersey. To establish this connection, either the applicant's permanent address must be in New Jersey, or the service member's last permanent address or military base, must have been in New Jersey.

What other education resources are available to dependents?
There are a number of education benefit programs available from The Department of Veterans Affairs and The New Jersey Department of Military & Veterans Affairs.    Please click to be linked to these websites for additional information.

How do I contact the Foundation?
The Foundation may be contacted by mail at: New Jersey Bankers Education Foundation, Inc., 411 North Avenue, Cranford, NJ, 07016; or by calling James Meredith at 908.272.8500, ext. 614.