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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

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.

C.A.R. Scholarship Foundation/C.A.R. Education Foundation

The C.A.R. Scholarship Foundation was established in 1948. The C.A.R. Scholarship Foundation awards scholarships to students enrolled at a California College or University for professions which are centered on, or support a career in real estate transactional activity such as: Real Estate Brokerage Real Estate Finance Real Estate Management Real Estate Development Real Estate Appraisal, Real Estate Planning Real Estate Law Other fields of study the Trustees believe worthy of consideration Awards by the C.A.R. Scholarship Foundation are up to: $4,000--awarded to students of four-year colleges/universities $2,000--awarded to students of two-year colleges The C.A.R. Education Foundation was established in June 2005 to work in conjunction with the existing C.A.R. Scholarship Foundation. In the near future, scholarships, awards, or grants will also be given to deserving students and to other worthy individuals through the C.A.R. Education Foundation.

Robert G. Adamson Memorial Scholarship

For San Fernando Valley area students, up to 1 per year.

Joe Barnett Memorial Scholarship

For California students.

Henry G. Beaumont Memorial Scholarship

For USC students.

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