Illinois Real Estate Educational Foundation (ILREEF) Academic Scholarship

Award Amount
Award Amount

$1,000

Application deadline
Application deadline

April 01

Awarded By:

Illinois Real Estate Educational Foundation (ILREEF)

Number of Awards & Eligibility: The number of recipients for this program varies according to the number of college students meeting the eligibility requirements in any given year. Last year, nine scholarships were awarded.

In order to qualify, students must meet the following criteria:

Description: This award is for U.S. college sophomores who are legal residents of the state of Illinois and attend a college/university in the state of Illinois. Applicants must have 30 college credit hours completed and be pursuing a degree with an emphasis in real estate.

Application requirements for the Illinois Real Estate Educational Foundation (ILREEF) Academic Scholarship are:

  • Application form
  • Personal statement
  • Miltary record
  • Recommendation letters (3)
  • Official Transcript
Additional Information: The Illinois Real Estate Educational Foundation (ILREEF) is a not-for-profit organization established to aid and promote the work of real estate education throughout Illinois. The foundation is supported by voluntary contributions from organizations and individuals who recognize the importance of furthering academic experience and training in the real estate industry in Illinois. Scholarship awards have become a prominent activity of the foundation. Many students in real estate-related curricula at colleges and universities have benefited from the foundation's scholarship grants. The selection of scholarship recipients will be determined by ILREEF and based on the following criteria: indication of interest in pursuing a career in real estate or an allied field (i.e., construction, land use planning, mortgage banking, property management, real estate appraising, real estate assessing, real estate brokerage, real estate development, real estate investment counseling, real estate law, real estate syndication); record of scholastic achievement, including academic grade point average; economic need or situation; and references and recommendations by instructors, employers, realtors and other prominent individuals. If selected as a finalist in the award process the student will be requested to appear for a personal interview in June or July.

Award Amount: Minimum of $1,000 annually, non-renewable.  The total dollars awarded for this scholarship is $1,000.

Deadline Information:

Deadline for this scholarship is Monday, April 1

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