The Real Estate Educational Foundation, Inc. (REEF) is the charitable affiliate of the Greater New Haven Association of REALTORS®. It was founded by Henry S. Harrison, its immediate Past President, in 1981.
In 1986, The Graduate School Student Loan Reimbursement Program was conceived by the Scholarship Committee, chaired by John F. Donnell. The purpose of this program was to help non-profit service organizations in the Greater New Haven area attract highly qualified people with graduate degrees to fill their positions.
To date, more than $500,000 in College Scholarships and Graduate Tuition Loan Reimbursement Awards have been granted to college students, health care providers, social workers, attorneys, administrators, nurses, and others.
The purposes of The Real Estate Educational Foundation, Inc. are to instruct the public about topics related to real estate, grant college scholarships to students in the Greater New Haven area, and attract highly qualified people with graduate schools degrees to work for non-profit service organizations in the New Haven area.
Applicants must have earned or be completing graduate degrees and be employed or be promised future employment in a public service non-profit organization in the Greater New Haven area. Towns included are: New Haven, West Haven, East Haven, Hamden, North Haven, Woodbridge, Orange, Bethany, Cheshire, Milford, Wallingford, Meriden and Southington.
Candidates must have previously received need related student loans through such vehicles as the GSLA (Stafford) or NDSL (Perkins) programs during their graduate studies. Applicants may apply nine months prior to graduation and up to two years after graduation.
The Foundation will reimburse those applicants who are accepted into the program for all or part of their graduate student loan payments every six months for four consecutive periods (2 years) during which the applicant must remain employed by the approved non-profit service organization.