For most people, owning a home is the fulfillment of their dream. However, while the process of purchasing a new property can be exciting, it can also be incredibly challenging. This is the very reason why many buyers choose to work with real estate agents or mortgage brokers. And with the home-buying process getting more and more complicated each year, more homebuyers will require the services of real estate professionals to help them buy their dream homes.
Employment for real estate brokers and sales agents is expected to increase by 11 percent between 2012 and 2022, according to the Bureau of Labor and Statistics. During that time period, a lot of job openings will arise to fill vacant positions and replace workers who retire or change occupations. And with the increasing number of younger people who want to be a homeowner, job opportunities in this industry will continue to be strong.
If you’re a student looking for a great career with rewarding benefits, then becoming a real estate agent or a mortgage broker may be the right option for you. Read on to explore some scholarships available for you to apply to.
- Appraisal Institute Education Trust Scholarship
The Appraisal Institute Education Trust offers a variety of scholarship programs for undergraduate and graduate students pursuing a degree in real estate appraisal, land economics, and other related field. The awards may vary, from a minimum of $1000 to a maximum of $2,000 worth of financial aid. To qualify, you must be a U.S. citizen with strong academic record and enrolled at a U.S. degree-granting university or college.
- California Real Estate Endowment Fund Scholarship
The California Real Estate Endowment Fund Scholarship is awarded on the basis of financial need. Students who are pursuing a major in real estate may be eligible to apply and receive of up to $800 per academic year. The application is also on a “first-come, first-served” basis, so early applications are encouraged.
- Schack Institute of Real State
The NYU School of Professional Studies Schack Institute of Real State offers a variety of scholarship programs for real estate students. Requirement may vary between programs, but generally, you must be a college student pursuing a degree in Real Estate, Real Estate Development, or Construction Management. The scholarship awards range from $4,000 to $10,000.
- Columbia MBA Real Estate Program
The Columbia Business School Real Estate Program also offers a variety of scholarships for students wanting to be a part of the real estate industry. Requirements may also vary between programs, but preference is mostly given to students with financial need, excellent academic record, and a proven interest in the real estate industry. In addition to financial support, beneficiaries also become a member of Columbia Business School’s community of real estate scholars and fellows.
- Davis Equity Realty Annual Scholarship
Undergraduate and graduate level students pursuing a degree in Real Estate Finance and Development in the University of Texas San Antonio, College of Business may be eligible to apply and receive up to $3,000 worth of financial assistance through Davis Equity Realty Annual Scholarship Program. In addition, you must be enrolled fulltime, demonstrate financial need, and obtain at least a minimum of 2.5 GPA of you’re an undergraduate student, and a 3.0 GPA if you’re a graduate student to qualify for application.
These are only some of the scholarship options available to you; there are definitely a lot more out there to discover. We hope that you find a great scholarship that will help you fund your education and ultimately reach your dream to become a real estate professional. Once you graduated, you can then apply to different brokerage firms like www.mortgagebrokerco.com.au and help homebuyers find their dream property.