Argo Real Estate launches $7,500 Newark scholarship for residents

Argo Real Estate has opened applications for a new Henry Moskowitz Future Leaders Scholarship for eligible residents of its Newark properties. The $7,500 award honors the company founder and aims to help local students pay for higher education, with applications due Oct. 12, 2026.

Why it matters: - The scholarship gives Newark residents a direct financial boost for college, graduate school, or vocational training. - The program is tied to Argo Real Estate’s longtime presence in Newark and its effort to support students in the communities where it owns and manages housing. - Up to two students can receive $7,500 each in the first award cycle.

What happened: - Argo Real Estate launched the Henry Moskowitz Future Leaders Scholarship Program for eligible residents of Ivy Hill Park Apartments and 455 Elizabeth Avenue in Newark. - Applications are open now and are due Oct. 12, 2026, at 4 p.m. ET. - Scholarship America will administer the program. - Eligible applicants can apply through the scholarship application page.

The details: - The scholarship is open to current high school seniors, undergraduate students, and students accepted into or enrolled in a master’s degree program. - Applicants must live at Ivy Hill Park Apartments or 455 Elizabeth Avenue in Newark. - A parent or grandparent must be listed as the tenant of record on the lease. - Applicants must have lived at one of the two properties for at least six months by the application deadline. - Applicants must have a minimum 2.5 GPA on a 4.0 scale. - Students may pursue full-time or part-time study at an accredited two-year or four-year college, university, vocational-technical school, or graduate school. - Scholarship America will select recipients based on academic performance, leadership, community and school involvement, work experience, a personal statement of educational and career goals, and unusual personal or family circumstances. - Financial need is not part of the selection process. - Awards are one-time only, and past recipients may not reapply. - Scholarship funds can be used for education-related expenses. - Applicants will be notified in mid-December, and payments are scheduled for January. - Questions can be sent to moskowitz@scholarshipamerica.org or by calling (507) 931-1682.

Between the lines: - The scholarship honors Henry Moskowitz, Argo Real Estate’s founder and a Holocaust survivor who immigrated from Poland to the United States in 1951 with almost nothing. - Moskowitz built a real estate business with holdings across Manhattan, Queens, and New Jersey, including Ivy Hill Park Apartments, which Argo has maintained since the mid-1960s. - Mark Moskowitz said the scholarship is meant to continue his father’s legacy and open doors for young people in Newark. - Argo Real Estate said Henry Moskowitz lived in New York City until his death in 2008 at age 102.

What’s next: - Scholarship America will review applications and announce decisions in mid-December. - Award payments will follow in January. - Eligible Newark residents can still apply before the Oct. 12 deadline.

The bottom line: - Argo Real Estate is using a new scholarship program to turn a family legacy into direct support for Newark students.