Jefferies Family Scholarship grants need-based educational scholarships, as well as recognition-based scholarships and awards. Each year the Selection Committee carefully and thoughtfully reviews applications. These applications are presented anonymously so that the reviewers are unaware of the student's name, parent's name, title, department or office. From the total applicant pool, up to twenty-five percent of the applicants are selected to receive a monetary scholarship. Out of these fortunate winners, several are selected to receive Special Awards.
2019 Announcement of Scholarships Awards
We are delighted to announce the Jefferies Family Scholarship (JFS) award recipients and increase in award totals for the 2019-2020 academic year. In recognition of the increasing cost of higher education, last year JFS increased the individual Educational Scholarship to $12,500. This year, the JFS Board of Directors also increased the Jefferies Award of Merit and the Application Incentive Award to $3,000. Collectively, 34 students will receive financial assistance this year totaling $408,500.
Our independent selection committee carefully reviewed and scored each of the 92 eligible new applications and awarded scholarships to 25% of the applicants, consistent with IRS rules. 20 outstanding students received new $12,500 scholarships, and the 11 renewing applicants will also receive $12,500 scholarships. Additionally, one lucky applicant was randomly selected to receive the $3,000 Application Incentive Award, while another was selected to receive the $3,000 Jefferies Award of Merit. Finally, a new award was created in honor of Carl Hathaway, who served on the JFS Selection Committee for 37 years. One applicant will receive a $15,000 award in his honor by demonstrating that he or she could most benefit from an academic scholarship.
These awards would not be possible without the generous donations from our many Jefferies contributors, and we thank all our donors. We especially thank donors from Jefferies Family Scholarship Day, as well as ongoing donors making monthly contributions through payroll deduction. To see our list of donors, please visit our Degrees of Giving page found on the JefferiesScholarship.org website under Support JFS.
We thank all of our applicants and their parents, as the total number of scholarships is limited by an IRS rule to 25% of the total applicant pool. We congratulate those employees whose children were selected for an award, and we commend this year’s recipients and graduates for the excellence they represent in our scholarship program and our firm.
2019 Educational Scholarship Recipients
University of California, Los Angeles
Daughter of Arnel Adorable, Jersey City
Son of John Almodovar, Jersey City
Son of Patricia Hove, New York
New Jersey Institute of Technology
Daughter of Antonio Cingolani,
Daughter of Victoria Davidov, New York
Amali de Silva Wijeyeratne
London School of Economics and Political Sciences
Daughter of Gehan de Silva, London
New York Institute of Technology
Daughter of Eva Economou,
Farmingdale State College
Son of Jennifer Ferrulli, New York
Stevens Institute of Technology
Son of Srinivasa Gandi, New York
The Calhoun School
Daughter of Lorine James Henry,
University of Maryland, Baltimore County
Computer Science - Interactive Media/Animation
Daughter of Oleg Khovayko, New York
University at Albany, SUNY
Daughter of Kevin Lee, New York
Stony Brook University
Coastal Environmental Studies
Daughter of Victor Lin, New York
Son of Andrea Eversley, New York
Seton Hall University
Graduate School of Education
Daughter of Caryn DePasquale, New York
Daughter of Ali Najmi, Houston
University of Houston
Supply Chain Logistics Technology and Accounting
Son of Ali Najmi, Houston
State University of New York at Oswego or Potsdam
Daughter of Felix Ortiz, New York
Indiana University Bloomington
Son of Abhin Parkhi, New York
State University of New York at Fredonia
Daughter of Velma Anderson, New York
Johns Hopkins University
Son of Andrew Welsh, New York
2019 Jefferies Award of Merit (JAM)
With the high quality of students applying, selecting just one to receive this award is always a challenge. This year was no different, but one stood out from the others. Vanessa Chew will study architecture as a freshman at either University of Bath or University College London – The Bartlett. Her father, Edwin Yuen-Chew is a Senior VP of Projects and New Business in Jefferies’ Hong Kong office. In addition to the engraved JAM award, Vanessa will receive a $3,000 scholarship.
2019 Application Incentive Award
This lucky applicant’s name was drawn at random to receive a $3,000 scholarship, just for completing an application! Nickolas Boroda is in his third year of medical school at Hofstra University. His father, Boris Boroda, works in Information Technology in Jefferies’ New York office.
2019 Alan Herrick Memorial Award (AHMA)
Animation artist, computer scientist, graphic designer, tutor, and community volunteer Elizabeth Khovayko was selected to receive the Alan Herrick Memorial Award. Alan is remembered as being a well-rounded, spirited and passionate student athlete. Each year, a recipient who best exhibits Alan's qualities of good sportsmanship, generosity to others, and/or involvement in the arts is selected for this award.
2019 Carl Hathaway Memorial Award (CHMA)
In memory of Chairman Emeritus Carl Hathaway, who served on the selection committee for 37 years, one applicant is selected to receive a larger scholarship of $15,000. This award is based on the applicant’s demonstration of the following characteristics which Carl recognized as key to individual success: overcoming adversity; showing perseverance, grit, and drive; or coping with overwhelming factors to succeed. Student athlete and captain of his volleyball and basketball teams, Ryan Ferrulli
demonstrates leadership, encourages hard work, and motivates his team with his winning attitude.
All eleven recipients that applied to have their scholarship renewed were approved for renewal. Congratulations to the parents of students who maintained full-time attendance and a cumulative GPA of 2.5 or higher!