Scholarship Payment

The award is sent directly to the school the recipient will be attending on a semester or term basis. Scholarships will be paid only to educational organizations which normally maintain a regular faculty, curriculum, and enrollment of students at the place where its educational activities are conducted. Such school shall use the scholarship to defray the recipient's basic expenses only so long as the recipient's academic standing at the school is such that the recipient will be allowed to continue in his or her course of study. If the student withdraws for any reason during the school year, the remainder of the funds should be returned to the Jefferies Family Scholarship.



My son and daughter were both beneficiaries of the Jefferies Family Scholarship throughout private high schools and universities. They both received an excellent education and have found jobs they love. The gift of higher education from the universities of their choosing would not have been a possibility without the assistance of the program. As a single working mother, my children and I will be forever grateful.

Joan Price Giannini, Jefferies employee




  • 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.