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Paragon Federal Credit Union Scholarship

Paragon Federal Credit Union began in 1936 with assets of $143 and a membership of seven Bergen County teachers. The teachers decided to pool their savings in order to “promote thrift to their fellow members and provide a convenient place where the membership could borrow money at a reasonable rate of interest.”

Paragon is now one of the largest credit unions in New Jersey with more than 62,000 members and offers a full range of no- or low- cost products and services. In addition, Paragon’s Community Charter allows the credit union to serve members based on where they live, work, worship, or attend school.

Paragon FCU has branches in Mahwah, West Orange, Westwood, Oakland, Englewood Cliffs, Elizabeth, Franklin Lakes, Union City and Hackensack, New Jersey. There are also two branches in Pennsylvania. Paragon’s headquarters are in Montvale, NJ.

In keeping with its commitment of community involvement, Paragon established this scholarship in 2006 to benefit students in the Anisfield School of Business.


    2011 Recipients

    Andrew Schulze

    Andrew Schulze of Phillipsburg, NJ is a Business Administration major with a concentration in Finance. He is concentrating his efforts on Finance because he has a strong interest in the stock market. He also has a keen interest in automobiles and is considering a career in the automotive industry in sales. Andrew has completed an internship with UBS Financial Services and has worked as a parts counterman at Prestige MINI and at the Ramapo College Foundation. Andrew, who has a 3.12 grade point average, says, “I strive to achieve the best performance I can in and out of the classroom because I know the rewards will be worth the effort.”

    John Sandford

    John Sandford is an Accounting major from Swartswood, NJ. John comes from a family of accountants and, while growing up, enjoyed dinners spent discussing what he calls, “the state of affairs of taxes.” The sophomore, who has a 3.61 grade point average, is on track to take the CPA exam by graduation. He was inducted into Alpha Lambda Delta and was named to the Dean’s List as a freshman. John would like to become a CPA and work for the government, possible the FBI. He looks forward to the challenges and rewards of a career as an accountant and leading the family debates for the next generation.


    2010 Recipients

    Joo Hun Park

    With all sincerity, Joo Hun Park of Fort Lee, NJ says his career goal is “to become the best manager out there and then work my way up to becoming the greatest CEO. I plan to guide my company and employees ethically and successfully.” Not academically inclined in high school, he decided to not only apply to college, but to apply himself, after a series of full-time service-sector jobs and owning his own business. Joo Hun, who is majoring in International Business with a Marketing concentration, knows first hand about the manager/employee relationship. He has learned that treating employees with respect and seizing opportunities through good management are essential. Joo Hun has a 3.93 grade point average.

    Stoyan Stoyanov

    Stoyan Stoyanov of Bulgaria, an International Business major, has a strong interest in emerging markets, an interest confirmed by his participation in the Model U.N. conference in New York City and Washington, DC. He takes pride in being the first international student elected a senator to represent the Anisfield School of Business (ASB) in the Student Government Association. In addition, he serves on ASB’s Student Advisory Council and is president of the International Business Club. Stoyan, who has a 3.95 grade point average, says, “I aim for a career in the Foreign Economic Policy Directorate at the Bulgarian Ministry of Economy and Energy. I believe if I have a direct impact on trade policy, I will be able to attract foreign businesses with a special emphasis on social responsibility.”



    2009 Recipients

    Matthew Letinski

    Matthew Letinski is from Dayton, New Jersey and is in his junior year at Ramapo. Matthew is majoring in business administration with a concentration in finance, and has earned a 3.57 grade point average. He has worked at Pearson Education as a finance and accounting intern, and at Wachovia Bank. He is currently working in a cooperative education experience as a financial analyst at UPS. On campus Matthew is a member of the Student Government Association, Ramapo College Republicans, and is the alternate student representative to the Board of Trustees.


    Sarah Warren

    Sarah Warren, a Business Administration/ Finance major from Belle Mead, NJ is passionate about her studies and humanitarian causes. The senior, who has a grade point average of 3.84, is proud of her induction into Delta Mu Delta National Business Honor Society. As president of the Operation Smile Student Association, she helped organize numerous fundraisers. Sarah believes it is imperative to make a difference through action and particularly enjoys working as a tutor for the Office of Specialized Services.


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