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Real Estate Scholarships

The academic major of real estate trains individuals in the science and art of buying and selling land, buildings and property. But there is more to this major than buying and selling. You'll also learn about appraising, valuation, market analysis and much more. Continue reading to find out more about real estate as a major as well as real estate scholarships.

Enroll in this major and you'll take courses such as income property management, computer applications, financing, appraising, taxation and real estate ethics. Most programs allow students to choose a concentration for their studies. Examples of these include market analysis, mortgage lending or construction management. Typically, bachelor's degree programs are designed to provide a general education in the first two years. Here you'll take liberal arts and humanities electives along with introductory business courses. In your final two years, you will face the bulk of your core real estate coursework. Some programs also feature a senior year internship or practicum in which you help to manage a building project or piece of property.

Similar to many academic fields, these programs come in a range of settings and styles. Some programs are theory-based while others are more practically oriented. Examine the programs in question carefully to ensure that your choice matches your educational and vocational goals. If your career goals involve urban planning, you may want to choose a program that is more theoretical. Or, if you plan on being a real estate salesperson, you'll most likely want more of a hands-on degree program.

Employment prospects for the field of real estate vary by region. The country's most recent economic downturn had a profound effect on certain areas of the global real estate market that it is only now recovering from. In fact, certain geographical regions have yet to recover. Still, job opportunities in the field of real estate should continue to be strong.

Follow the links below to explore the exciting world of real estate scholarships.

Appraisal Institute Education Trust Scholarship (Undergraduate & Graduate)

Scholarships for full-time undergraduate and graduate students majoring in real estate appraisal, land economics, real estate, or allied fields. Must be a U.S. Citizen. Selection is based on academic excellence. Eligibility  Applicant must be a student majoring in real estate appraisal, land economics, real estate or allied fields.  Applicant must be a Sophomore, Junior, or Senior seeking an associate or bachelor’s degree.  Applicant must be a Masters Candidate or Doctoral Candidate.  Applicant must be a full or part-time student at a U.S. degree granting college or university.  Applicant must have a strong academic record.  Scholarship award must be used in the same academic year it is awarded.  Eligible recipients may receive only one (1) AIET Scholarship per year. Required  Completed application.  Two-hundred (200) word personal statement discussing academic achievements, financial need, career aspirations, involvement in real estate field, and any qualifications considered relevant by the applicant.  Current Resume (Preference given to applicants with an appraisal internship).  Official copies of all college transcripts.  Two (2) letters of recommendation attesting to applicant’s work ethic, character and pursuit of career in real estate appraisal, land economics, real estate or allied fields. Letters of recommendation should be sent directly to the Appraisal Institute Education Trust.

Illinois Minority Real Estate Scholarship Program

What is required? Each REEF Scholarship has its own criteria for eligibility. Most of the scholarships require the applicant to be a United States citizen and a resident of the State of Illinois attending school full-time while pursuing a degree with an emphasis in real estate. Illinois Minority Real Estate Scholarship Program – The Foundation is under contract with the State of Illinois to administer the Illinois Minority Real Estate Scholarship Program. This program is open to qualified racial minority residents of Illinois pursuing courses of study that will prepare them for careers relating to real estate or enhance the skills and knowledge that they currently use as real estate professionals.

Academic Scholarships

These scholarships are intended to help qualified students pursue an education, which will lead them into productive careers in the real estate industry. It is the Foundation’s hope that each recipient will, during his or her career, contribute to the Foundation in support of the scholarship they received. The resulting growth of the fund will ensure other qualified individuals a similar opportunity to pursue a vocation in the real estate industry. What is required? Each REEF Scholarship has its own criteria for eligibility. Most of the scholarships require the applicant to be a United States citizen and a resident of the State of Illinois attending school full-time while pursuing a degree with an emphasis in real estate. Academic Scholarships - These scholarships (for any accredited college or university in Illinois) will assist and encourage qualified students to further their interest in selecting real estate as a career. Proof of acceptance to Any accredited 2 or 4 year junior college, college, or university in Illinois Completed college credit hours: 30

Morgan L. Fitch Scholarship

Each REEF Scholarship has its own criteria for eligibility. Most of the scholarships require the applicant to be a United States citizen and a resident of the State of Illinois attending school full-time while pursuing a degree with an emphasis in real estate. The family of Morgan L. Fitch, through a contribution to the Foundation in 1981, established a scholarship fund in perpetuity for students attending the University of Illinois, Urbana-Champaign, in the College of Commerce and Business Administration or the College of Liberal Arts and Sciences, as a tribute to the memory of one of the nation’s most prominent real estate industry leaders. Minimum scholarship amount: 2,000 Grade point required : 3.5 on a 5.0 Completed college credit hours: 60

James Guttridge Memorial Scholarship

School/Area Eligibility For Scholarship: Elk Grove HighMinimum Required Grade Point Average: 3.0Financial Need: NoPost Secondary Type of School: 4 Year College or University, Vocational College, Community CollegeSpecific Requirements for Applying:Pursuing a career in Agriculture or Business (Developing or Real Estate)Attendance Requirement: * Full-Time Student * Part-Time StudentRequired Participation In School Activities: YesRequired Participation In Community Activities: YesRequired Letters of Recommendation: Required 2

The Georgia Association of REALTORS® Scholarship

The scholarship program was developed to assist persons in the real estate field who are seeking to obtain a related designation such as the GRI (Graduate, REALTOR® Institute), CPM (Certified Property Manager), CAE (Certified Association Executive), CRS (Certified Residential Specialist), CRB (Certified Real Estate Brokerage Manager) and the many other designations in real estate related fields.Recipients are chosen on a non-discriminatory basis without preference for employment or affiliation with any real estate firm, broker, or membership in a professional organization. In fact, the scholarship application is designed to be separated so that the Trustees are unaware of the applicant's name, firm, or affiliation. Awards are made each trimester on a state Regional basis, pro-rated according to the percentage of real estate licensees in each region.POTENTIAL RECIPIENTS: Georgia licensees with an active real estate license and/or employees of Georgia real estate trade or professional organizations.NONDISCRIMINATING: Recipients will be chosen without regard to race, color, religion, sex, disability, familial status, national origin, age, or membership in any organization. Recipients will be chosen without preference for employment or affiliation with any licensed real estate firm or broker.

Academic Scholarships - IREEF

This scholarship will assist and encourage qualified students to further continue their interest in selecting real estate as a career.All applicants must be a United States citizen and a resident of the state of Illinois attending school full time and pursuing a degree with an emphasis in real estate.Completed college credit hours: 30Proof of acceptance to: Any accredited 2 or 4 year junior college,college or university in Illinois.

Morgan L. Fitch Scholarships

The family of the late Morgan L. Fitch, through a contribution to theFoundation in 1981, established a scholarship fund in perpetuity as a tribute to the memory of one of the nation’s most prominent real estate industry leaders.All applicants must be a United States citizen and a resident of the state of Illinois attending school full time and pursuing a degree with an emphasis in real estate.Grade point required: 3.5 on a 5.0Completed college credit hours: 60Proof of acceptance to: University of IL Champaign-Urbana Collegeof Commerce and Business Administration or College of Liberal Arts & Sciences.

Thomas F. Seay Scholarships

“Mindpower - it’s the most valuable resource of all. Fail to developmindpower and we waste life’s most precious reserve,” states Thomas F. Seay. Thus, the purpose for the establishment of this scholarship fund.All applicants must be a United States citizen and a resident of the state of Illinois attending school full time and pursuing a degree with an emphasis in real estate.Grade point required: 3.5 on a 5.0Completed college credit hours: 30Proof of acceptance to: Any accredited college or university in the U.S.

Charles Grossman Graduate Scholarships

The graduate scholarships were created to assist and encourage new talent to select retail real estate as their career path. Acknowledging that many students delve deeper into their areas of concentration when they begin their graduate studies, the ICSC Foundation began offering graduate level scholarships in 2008 for those studying retail real estate or a related curriculum.Two $10,000 USD scholarships are available to full time graduate students (and part time students who are working full time), who are also ICSC members and indicate a preference for a career in retail real estate. The recipients of these scholarships will be named as ICSC Foundation Grossman Graduate Scholars.The scholarship award check will be made out to the university the ICSC Foundation Student Scholar indicates s/he will be attending full-time during the next academic year to be maintained on account. The funds will be applied to tuition in accordance with university policies.WHO SHOULD APPLY?The applicant must be an active ICSC member who is or will be a graduate degree seeking candidate enrolled in the fall academic term at an accredited college or university. The scholarship is available to full time students or part time students who are working full time. A minimum of 3.0 GPA and ICSC membership is required.

ICSC CenterBuild Scholarship

Representatives from the scholarship committee of the successful ICSC CenterBuild Conference*, have agreed to endow one or more scholarships with the ICSC Foundation for a graduate student at Arizona State University enrolled in the Master of Real Estate Development program or an undergraduate student majoring in planning, architecture, interior design, construction management, engineering, landscape architecture or real estate development. CenterBuild supporters are enthusiastic when it comes to contributing to the next generation of students, leaving their legacy.*The ICSC CenterBuild Conference is a specialty conference dedicated to the issues of planning development, design and construction of shopping centers and retail stores.

John T. Riordan Professional Education Scholarship

This scholarship allows the recipient to choose his or her curriculum of choice from the John T. Riordan School for Professional Development. Areas of concentration include Management, Marketing and Leasing at a technical level or at a strategic level and Development, Design and Construction at a technical level.The Scholarship covers enrollment fees, textbooks, workbooks, airfare and hotel accommodations. Two scholarships will be awarded to a non-U.S. based professional to attend an ICSC school outside of the U.S. This scholarship includes attendance at an award ceremony, should there be one. All schools and air fare must be approved by the ICSC Foundation in advance.This scholarship may not be applied towards previous attendance at a John T. Riordan school.Who Should Apply?An applicant may be new to retail real estate and looking to expand his or her knowledge of management, marketing, leasing or development, design and construction. An applicant may also be an individual changing their area of interest in the industry.Individuals studying for their Certified Leasing Specialist (CLS), Certified Shopping Center Manager (CSM), Certified Marketing Director (CMD) or the Certified Development, Design & Construction Professional (CDP) designations receive credit for work experience after completion of certain courses.EligibilityThe Scholarship Committee of the ICSC Foundation will consider an applicant who: * is a member of ICSC and is employed by a member company in good standing; * is actively employed in the retail real estate industry for a minimum of one year or is a recent graduate of a college or university with an emphasis in real estate; * completes an online scholarship application, and * submits 2 letters of recommendation.

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