Growing up in Paterson, N.J., Seton Hall University alumnus David B. Gerstein ’63, worked in his father’s rug manufacturing business, which used remnants to make early-day weather-stripping for doors. Today, Mr. Gerstein is the President and CEO of Thermwell Products, the country’s largest manufacturer of packaged weather-stripping products, sold under the Frost King brand. Based in Mahwah, N.J., Thermwell makes more than 1,000 hardware and household goods, sold at Home Depot, Lowe’s and elsewhere.

In 2009, Mr. Gerstein created the David B. & Janellen Gerstein Scholarships, which are awarded annually to assist students who have financial need and who also possess entrepreneurial spirit.

The Scholarships will next be offered for the 2021-22 academic year in Spring 2022. For the 2020-21 academic year, David B. & Janellen Gerstein Scholarships will be awarded to seven full-time undergraduate students at the Stillman School of Business. The one-time awards ranged in amounts from $2,500 to $3,000, depending on financial need. Students who have received Gerstein scholarships in the past are not eligible to receive these awards a second time. The application deadline is be announced in January 2022.

The David B. & Janellen Gerstein Endowed Scholarships are administered by the Center of Innovation and Entrepreneurship, Stillman School of Business.

Basic Eligibility

The David B. & Janellen Gerstein Endowed Scholarships are available to all students pursuing an undergraduate degree from the Stillman School of Business who meet the basic eligibility criteria:

  • Demonstrate financial need
  • Are earning a Certificate in Entrepreneurial Studies, or are enrolled in the Entrepreneurship Concentration, or otherwise demonstrate a strong interest in entrepreneurship/business
  • Maintain a cumulative minimum grade point average (GPA) of 3.0, and,
  • Enrolled full-time at the South Orange campus
  • Are in good standing at the University, with no community standard violations
  • Essay Requirement

Additionally, applicants must submit an essay that is a maximum length of five typed pages, double-spaced that addresses the following points:

  • Why do you want to become an entrepreneur or secure a business degree?
  • How have the challenges you have faced in life spurred your interest to become an entrepreneur?


The next deadline for applications will be announced in January 2022. Please email applications and essays to Susan Scherreik, Director, Center of Innovation and Entrepreneurship. E-mail: scherrsu@shu.edu; Phone: 973-275-2251.




For more information

Please contact Center of Innovation and Entrepreneurship Director, Susan Scherreik at scherrsu@shu.edu or call 973-275-2251.