Explore our comprehensive guide to the top real estate scholarships in the U.S. for 2024. Discover eligibility criteria, application deadlines, and award amounts to fund your education and succeed in the industry.
Explore a diverse selection of real estate scholarships designed to support students and professionals pursuing careers in the industry. These scholarships cater to a wide range of applicants, including undergraduates, graduates, and working professionals seeking further education or certification in real estate.
With varying eligibility criteria and award amounts, these opportunities aim to reduce financial barriers and foster the next generation of real estate leaders.
Whether you’re just starting your academic journey or looking to advance your career, these scholarships provide valuable financial assistance to help you achieve your goals.
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Check Out these Hand-Picked General Real Estate Scholarships In the U.S
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Scholarship Program for Real Estate Excellence
The Sprak Design Scholarship Program aims to support full-time college students in the U.S., Canada, or Australia who are pursuing a degree in real estate or a related field. This scholarship is designed to aid students who are financially struggling with their education.
Grant Amount:
- The scholarship amount varies.
Key Eligibility Requirements:
- Open to full-time undergraduate and graduate students who have completed at least one college semester.
- Must be studying real estate or a related field.
- Applicants must have a minimum GPA of 3.9.
- Must be from the U.S., Canada, or Australia.
Application Requirements:
- Submit an essay
- Provide two reference letters
- Include a current resume
- Submit transcripts
Real Estate Scholarship Program By AIS Technolabs
The Real Estate Scholarship Program, offered by AIS Technolabs, supports American, Canadian, and Australian citizens or permanent residents who are current college students pursuing studies in real estate. The scholarship aims to assist students in their educational pursuits within the real estate field.
Grant Amount:
- $5,000 (non-renewable)
Key Eligibility Requirements:
- Open to undergraduate and graduate students studying real estate.
- Applicants must have a minimum GPA of 3.0.
- Must be a citizen or permanent resident of the U.S., Canada, or Australia.
Application Requirements:
- Submit a resume.
- Write a personal essay on a topic specified by AIS Technolabs.
AIERF Undergraduate and Graduate Scholarships
The Appraisal Institute Education and Relief Foundation (AIERF) offers merit-based scholarships for undergraduate and graduate students pursuing studies in real estate, real estate appraisal, land economics, or related fields.
Grant Amount:
- Varies
Key Eligibility Requirements:
- Open to undergraduate and graduate students.
- Applicants must be studying real estate, real estate appraisal, land economics, or a related area.
Application Requirements:
- Merit-based selection process.
- Specific application details and deadlines can be found on the AIERF Scholarships page.
ICSC Undergraduate Scholarship
The International Council of Shopping Centers (ICSC) offers a scholarship for full-time undergraduate students who demonstrate a strong interest in pursuing a career in real estate.
Grant Amount:
- $5,000 (renewable)
- Includes an all-expenses-paid trip to an ICSC event and mentorship opportunities.
Key Eligibility Requirements:
- Open to U.S. citizens or permanent residents.
- Must be a full-time undergraduate sophomore, junior, or senior.
- Minimum GPA of 3.0.
- Applicants should demonstrate an active interest in real estate as a career goal.
Application Requirements:
- Two essays required as part of the application process.
- Specific details and application deadlines can be found on the ICSC Scholarship page.
Schurgin Family Foundation Scholarship
The Schurgin Family Foundation Scholarship, administered by the International Council of Shopping Centers (ICSC), supports students pursuing careers in retail real estate.
Grant Amount:
- $10,000 scholarship award
- Includes an all-expenses-paid trip to ICSC RECon or a similar event
- Pairing with an industry mentor
- ICSC membership
Key Eligibility Requirements:
- Open to U.S. citizens or permanent residents.
- Must be attending an accredited college or post-secondary institution full-time.
- Applicants must maintain a minimum GPA of 3.0.
- Demonstrated interest in retail real estate.
Application Requirements:
- Submission of two essays.
- Further details and application deadlines can be found on the ICSC Scholarship page.
John C. Murphy Scholarship Program
The John C. Murphy Scholarship Program, offered by the National Association for County Community and Economic Development (NACCED), supports students dedicated to affordable housing and community economic initiatives.
Grant Amount:
- $1,500 scholarship award
Key Eligibility Requirements:
- Open to undergraduate or graduate students studying affordable housing or community economic initiatives.
- Must be enrolled at an American college or university.
- Nomination by a NACCED member is required.
- Applicants must demonstrate financial need.
- Submission of a personal statement and a letter of recommendation.
Application Requirements:
- Further details and application process can be obtained through nomination by a NACCED member.
- Selection based on financial need, merit, and personal statement.
HomeLight Scholarship
The HomeLight Scholarship is designed to support U.S. residents who are pursuing post-secondary education in real estate or related fields focused on building, designing, or marketing homes.
Grant Amount:
- $1,000 scholarship
Key Eligibility Requirements:
- Open to U.S. residents who are high school or college students.
- Applicants must be pursuing or planning to pursue a post-secondary education in real estate or a related field.
- Must submit a short personal essay detailing their interest in real estate and their contributions to housing initiatives in their community.
Application Requirements:
- Applications are accepted twice annually, in the fall and spring.
- Essays must articulate the applicant’s passion for real estate and their involvement in local housing initiatives.
Real Estate Scholarships for Underrepresented Groups
These scholarships aim to support underrepresented groups in the real estate industry, including racial and ethnic minorities, women, LGBTQ+ individuals, and military veterans.
Designed to promote diversity and inclusion, these scholarships provide financial assistance to students and professionals pursuing real estate education and careers. Explore these opportunities to find the support you need to advance your education and career in real estate.
WX Scholars Program
The WX Scholars Program by New York Women Executives in Real Estate offers financial assistance and professional development opportunities to women pursuing real estate careers in the New York metropolitan area. The program aims to support women at various educational levels, including those looking to offset tuition or repay student loans.
Grant Amount:
- Up to $10,000
- Mentorship opportunities
- No-cost admission to WX events
Key Eligibility Requirements:
- Open to women pursuing real estate careers in the New York metropolitan area.
- Scholarships are awarded based on merit and financial need.
- Financial assistance can be applied to tuition or student loans.
Marki Lemons Ryhal Education Advancement Scholarship
The Marki Lemons Ryhal Education Advancement Scholarship, offered by the Chicago Association of Realtors, supports Black women in underserved Chicago areas. The scholarship assists those pursuing a real estate license or attending a Historically Black College or University (HBCU) and studying real estate or a related field.
Grant Amount:
- $500 for HBCU students
- $700 for real estate licensure
Key Eligibility Requirements:
- Must be a Black woman living in an underserved Chicago area.
- For licensure: Must meet Illinois licensing standards and provide a short essay.
- For HBCU students: Must be studying real estate or a related subject and submit a short essay.
Illinois Minority Real Estate Scholarship Program (IMRESP)
The Illinois Minority Real Estate Scholarship Program (IMRESP) provides financial assistance to minority students and professionals in Illinois who are pursuing careers in real estate. This scholarship aims to promote diversity within the real estate industry by supporting individuals from underrepresented groups. The scholarship helps cover tuition costs for educational programs and professional development courses.
Grant Amount:
- Up to $500
Key Eligibility Requirements:
- Must be an Illinois resident and a member of a racial minority (Black, Asian American, Native American, or Hispanic/Latino).
- Other protected underrepresented groups under Illinois Affirmative Action law are also eligible.
- Applicants must be studying to become a broker, realtor, or pursuing related real estate careers.
- Both undergraduate and graduate students are eligible.
- Current professionals seeking to enhance their skills with for-credit courses or professional designations can apply.
- Application period details and additional requirements can be found on the Illinois REEF website.
AIERF Minorities and Women Education Scholarship
The AIERF Minorities and Women Education Scholarship supports underrepresented groups and women pursuing education in real estate appraisal and related fields. This scholarship aims to foster diversity and inclusion within the industry by providing financial assistance to eligible students. The AIERF emphasizes non-discrimination and increased opportunities through this scholarship program.
Grant Amount:
- Varies
Key Eligibility Requirements:
- Must be from an underrepresented group or a woman.
- Must be pursuing post-secondary education in real estate appraisal or a related field.
- Open to both undergraduate and graduate students.
- Applicants must demonstrate a commitment to a career in real estate appraisal.
PGIM Real Estate Scholarship & Internship
The PGIM Real Estate Scholarship & Internship program supports underrepresented groups in the real estate industry. This scholarship aims to enhance diversity and inclusion by providing financial assistance, mentorship, and practical experience to eligible students. It targets a variety of underrepresented groups, including racial and ethnic minorities, LGBTQ community members, women, and military veterans.
Grant Amount:
- $5,000
- Mentorship
- Trip to ICSC RECon
- Eligibility for a paid summer internship
Key Eligibility Requirements:
- Must be a U.S. citizen.
- Must be in sophomore year of college.
- Must be from an underrepresented group (racial/ethnic minority, LGBTQ, women, military veterans).
- Must have an overall GPA of 3.2.
- Must have a demonstrated interest in real estate.
- Two essays required as part of the application.
Matt Silver Advocacy Endeavor Scholarship
The Matt Silver Advocacy Endeavor Scholarship supports members of underrepresented groups who are Illinois residents and members of the Chicago Association of Realtors. This scholarship is intended for individuals who have already started their real estate careers and wish to engage in lobbying activities. The funds are meant to cover travel expenses and related costs for participation in city or state-level advocacy.
Grant Amount:
- Up to $500 for attending the REALTORS Lobby Day in April.
- Up to $2,000 for attending the NAR Legislative Meetings in May.
Key Eligibility Requirements:
- Must be an Illinois resident.
- Must be a member of the Chicago Association of Realtors.
- Must belong to an underrepresented group.
- Must have started a real estate career.
- Must submit an essay and an up-to-date resume.
- Application period details are available on the Chicago Association of Realtors website.
Mildred C. Hanson SIOR Memorial Scholarship
The Mildred C. Hanson SIOR Memorial Scholarship supports women in their junior or senior years of undergraduate study in real estate or related fields like finance or business. The scholarship is aimed at American and Canadian students pursuing careers in commercial real estate. Selection is based on financial need and academic merit.
Grant Amount:
- $8,000
Key Eligibility Requirements:
- Must be a woman in junior or senior year of an undergraduate degree.
- Must be studying real estate or a related field such as finance or business.
- Must be an American or Canadian citizen.
- Must demonstrate financial need and academic merit.
- Two letters of recommendation are required.
Mac Hyde Brownfield Scholarship Program
The Mac Hyde Brownfield Scholarship Program supports undergraduate and graduate students in Minnesota pursuing degrees related to real estate, business, government/public policy, or engineering. It aims to foster careers focused on revitalization, redevelopment, or environmental quality.
Grant Amount:
- $2,000
- Recognition at the ReScape Awards
- Honorary membership to Minnesota Brownfields
Key Eligibility Requirements:
- Must be an undergraduate or graduate student.
- Must attend a Minnesota-based college or be a Minnesota resident.
- Must be studying real estate or a related field.
- Must have a 3.0 GPA or higher.
- Must demonstrate an interest in community revitalization and housing efforts.
Final Thoughts on Real Estate Scholarships In the United States
Pursuing a career in real estate can be a rewarding and lucrative path, but the cost of education and training should not be a barrier.
Fortunately, numerous scholarships are available to support aspiring real estate professionals in the United States. By exploring these opportunities and applying to relevant programs, you can alleviate financial burdens and focus on achieving your goals.
