Commemorative

The Jefferies Family Scholarship is more than a platform for the pursuit of academic excellence. It is a memorial to Boyd Jefferies, founder of Jefferies and Jefferies Family Scholarship; his beloved son Stephen, for whom he founded the scholarship program; and Alan Herrick, a former JFS recipient and son of Tracy Herrick, a former director of Jefferies who dedicated nearly 25 years to helping build Jefferies.

These unique and extraordinary individuals embody the qualities and spirit that are in some way represented in each of its recipients.

It is with a mixture of great pride, sadness and gratitude that we remember them.

Boyd L. Jefferies, 1930-2001
Founder of Jefferies & Company, Inc. and Jefferies Family Scholarship

Stephen Jefferies, 1953-1981
Son of Boyd Jefferies and the inspiration behind Jefferies Family Scholarship

Alan Herrick, 1971-1995
Former Jefferies Family Scholarship Recipient and inspiration behind the Alan Herrick Award



Do not give up in college. It can be stressful, but in the end a bachelor's degree not only puts you ahead but it gives you broader knowledge and a better perspective on life.

Jack Dokuzyan, JFS Alumni


Challenge yourself, use your resources and keep learning in and out of school.

Ryan Oelkers, JFS Alumni




  • The average total cost for just one year at a private four-year college exceeds $33,000, according to CollegeBoard.com.
  • For the last two years, forty percent of JFS recipients' parents reported total family incomes under $100,000 and many of our scholarship winners are being raised by single parents.
  • Nineteen percent of Jefferies' employees make less than $75,000 per year.