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.

REEF Online Scholarship Application Photo

Illinois Education and Training Grant

The Illinois Education and Training Grant is a scholarship for eligible individuals who are pursuing a real estate degree or license in the state of Illinois. The grant may be used towards Illinois REALTORS® D2L online courses (75-hour Pre-License Topics course & 15-hour Broker Pre-License Interactive webinar) or any live classroom offered at an Illinois REALTORS® branch.

Eligibility: Candidates pursuing a real estate degree or license in the state of Illinois to be used toward an Illinois REALTORS® D2L online course or any Illinois REALTORS® live classroom course.

Amount: $100 / Application Deadline: Ongoing
Apply for the Illinois Education and Training Grant Scholarship

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.

Eligibility: 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.

Amount: $500 / Application Deadline: Ongoing
Apply for the Illinois Minority Real Estate Scholarship Program Scholarship

Rich Port Scholarship

As a tribute to Mr. Port’s personal commitment to education and as a means of improving the professionalism of the real estate industry, the Rich Port Scholarship Fund was established to help licensed real estate agents in Illinois complete the Undergrad courses through the Graduate, REALTOR® Institute (GRI) of Illinois.

Eligibility: Licensed real estate agents in Illinois who wish to complete Undergrad courses through the Graduate, REALTOR® Institute of Illinois.

Amount: $300 / Application Deadline: Ongoing
Apply for the Rich Port Scholarship

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.

Eligibility: Candidates pursuing real estate as a career who are attending any accredited college or University in Illinois

Amount: $1,000 / Application Deadline: April 1
Apply for an Acedemic Scholarship

Daniel L. Goodwin Scholarship

The Daniel L. Goodwin Scholarship Fund was established in 2017 to assist and encourage qualified students that have gone through the Boys and Girls Club of Illinois to pursue an education which will lead them into productive careers in any chosen area.

Eligibility: Active and/or past participants in the Boys and Girls Club who have been awarded a Youth of the Year Award, and are current Illinois residents pursuing a college or university education.

Amount: $1,000 / Application Deadline: April 1
Apply for the Daniel L. Goodwin Scholarship

George Patt Scholarship Fund

In recognition of years of distinguished service, the George L. Patt Scholarship was created to make it possible for Illinois residents who are United States veterans to pursue (1) an undergraduate college or university education in the field of real estate; or active reserves, air or army guardsman (2) education in real estate administration to establish themselves as an association executive in a REALTOR organization.

Eligibility: Illinois residents who are United States veterans to pursue a college degree in the field of real estate or education in real estate administration.

Amount: $1,000 / Application Deadline: April 1
Apply for the George Patt Scholarship Fund Scholarship

James M. Kinney Scholarship

In recognition of the contributions made by James M. Kinney to the real estate industry, the Foundation created a scholarship fund to make it possible for the children and grandchildren of REALTORS®, REALTOR® Associates, members-in-good-standing of the Illinois REALTORS®, or any child or grandchild of an employee of a local, state or national association of REALTORS® in Illinois, to pursue an education which will lead them into productive careers in any chosen area.

Eligibility: Children and grandchildren of REALTORS®, REALTOR® Associates, Illinois REALTORS® members in good standing or a local, state or national association of REALTORS® in Illinois to purchase education which will lead them into productive careers in any chosen area.

Amount: $1,000 / Application Deadline: April 1
Apply for the James M. Kinney Scholarship

Morgan L. Fitch Scholarship

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.

Eligibility: Candidates attending the University of Illinois at Urbana-Champaign in the College of Commerce and Business Administration or the College of Liberal Arts and Sciences.

Amount: $2,000 / Application Deadline: April 1
Apply for the Morgan L. Fitch Scholarship

Parker R. Oldenettel Scholarship

The Parker Oldenettel Scholarship Fund was established to assist and encourage qualified students of the vocational trades to pursue an education which will lead them into productive careers in any chosen area.

Eligibility: Children and/or grandchild of a REALTOR® member, REALTOR® Associate in good-standing of the Illinois REALTORS®, or any child or grandchild of an employee of a local, state, or National Association of REALTORS® to pursue a vocational education that prepares them to work in various jobs, such as a trade, a craft, or as a technician.

Amount: $1,000 / Application Deadline: April 1
Apply for the Parker R. Oldenettel Scholarship

Richard “Dick” Wiegers Scholarship

The Dick Wiegers Scholarship Fund was created to make it possible for Illinois residents to pursue a college or university education in the field of Business, Law, Finance, or a graduate program in Business.

Eligibility: Illinois residents pursuing a college or university education in the field of Business, Law, Finance or a graduate program in Business

Amount: $1,000 / Application Deadline: April 1
Apply for the Richard “Dick” Wiegers Scholarship

Thomas F. Seay Scholarship

Thomas F. Seay believed in the power of the mind. This scholarship (for any accredited college or university in the United States) was developed to enhance the minds of qualified candidates pursuing a career in real estate through education.

Eligibility: Candidates pursuing a career in real estate who are attending any college or university in the United States.

Amount: $2,000 / Application Deadline: April 1
Apply for the Thomas F. Seay Scholarship

Alan S. Toban Grant Fund

The Alan S. Toban Grant Fund was established to further the education of real estate professionals in the field of real estate education. This fund was established by the Association of Illinois Real Estate Educators (AIREE) and is administered by the Illinois Real Estate Educational Foundation (REEF).

Eligibility: Real estate professionals who are continuing or expanding their knowledge in the field of real estate instruction.

Amount: $500 / Application Deadline: April 15
Apply for the Alan S. Toban Grant Fund Scholarship

Margery D. Shinners Scholarship

The Margery Shinners Scholarship was established for women wishing to further their education with the stipulation they pursue a course of study which relates to the field of Association Management.  Scholarships will be awarded for Association Management trainings such as: training programs offered by the American Society of Association Executives (ASAE), Chicago Forum, the Illinois Society of Association Executives (ISAE), the Illinois REALTORS®, the National Association of REALTORS® or a higher educational institution.

Eligibility: Candidates pursuing a course of study relating to the field of association management.

Amount: $1,500 / Application Deadline: September 1
Apply for the Margery D. Shinners Scholarship

Robert E. Cook Scholarship

In honor of Robert Cook’s history of leadership with the Illinois REALTORS®, this scholarship was established for individuals pursuing a course of study relating to the field of association management.

Eligibility: Candidates pursuing a course of study relating to the field of association management.

Amount: $1,500 / Application Deadline: September 1
Apply for the Robert E. Cook Scholarship

Past Presidents Scholarship

For Illinois residents who are members of the Illinois REALTORS® to pursue their CRB (Certified Residential Broker), CIPS (Certified International Property Specialist), CCIM (Certified Commercial Investment Member), GRI (Graduate, REALTOR® Institute) (undergrad only) or RCE (REALTOR® Association Certified Executive) designation.

Eligibility: Illinois residents who are Illinois REALTORS® members to pursue their GRI (Graduate, REALTOR® Institute) (undergrad only), CRB (Certified Residential Broker), CIPS (Certified International Property Specialist), CCIM (Certified Commercial Investment Member) or RCE (REALTOR® Association Certified Executive) designation.

Amount: $500 / Application Deadline: October 1
Apply for the Past Presidents Scholarship

Roxane Malo Leadership Scholarship

The Roxane Malo Leadership Scholarship Fund was established as a tribute to Malo’s personal commitment to REALTOR® leadership. Each year the fund will award one or more scholarships to selected individual(s) for the continuation and expansion of their leadership skills in a real estate related field.

Eligibility: Candidates interested in the continuation and expansion of their leadership skills in a real estate related field.

Amount: $500 / Application Deadline: October 1
Apply for the Roxane Malo Leadership Scholarship

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. The Rich Port and Roxane Malo Scholarships are offered to those who have been licensed real estate agents in Illinois for a minimum of one year.

How do I apply?

Completed Applications should be sent to the Illinois Real Estate Educational Foundation, P.O. Box 2607, Springfield, IL 62708

Questions?

If you have any questions please do not hesitate to call the Foundation at (866) 854-7333, or via e-mail

Scholarship Awardee Tanisha Blackmore Photo

With the assistance of an Illinois REEF scholarship, I was able to take the real estate (pre-license?) course and successfully completed the Illinois exam. The scholarship will also enable me to take additional courses to obtain real estate designations in industry areas that I’m passionate about. As a female minority, I am grateful for the  scholarship that helped me make my dreams and future goals a reality.

Tanisha Blackmore, Romeoville
Scholarship Awardee Austin Moca Photo

The aid I received from the James M. Kinney Scholarship helped me pay for living expenses freshman year. It helped to provide me with a home away from home where I made a friend for life, spent countless hours studying and relaxing and helped my experience at college become one of the best times of my life!

Austin Moca, Oakbrook
Scholarship Awardee Taylor Badger Photo

With both of my parents working in the real estate industry for over 30 years, I am proud to be a recipient of the James M. Kinney Scholarship. This generous scholarship not only assisted my pursuit of a bachelor’s degree in biology, but also encouraged me to continue my education and attend medical school in the future.

Taylor Badger, Springfield
Scholarship Awardee Orian Shkrobut Photo

I have been able to pay for some of my college tuition as well as the travel and program costs for real estate ‘treks,’ to meet real estate companies through the University of Michigan Real Estate Club. Without the help of REEF, I am certain there are students who would not realize their professional potential or personal interest in real estate. Thank you for awarding me the Thomas F. Seay scholarship, which has opened many doors and opportunities for me in real estate!

Orian Shkrobut
Scholarship Awardee Remi Kelani Photo

I am grateful to be a recipient of the Illinois Minority Real Estate Scholarship Program not once, but twice! The first helped me earn a Graduate, REALTOR® Institute (GRI) designation and a Seller Representative Specialist (SRS) designation. The second time I applied was to earn my Managing Broker’s license as I want to own and manage a brokerage office. Without these scholarships being available, I would not have been able to accomplish my goals.

Remi Kelani, ABR,GRI, SRS Broker, Naperville
Scholarship Awardee Nathan McCatty Photo

The Morgan Fitch Scholarship allowed me to take an extra class on real estate valuation, a course that was extremely helpful when I took the broker’s exam as well as in my real estate practice.

Nathan McCatty, Orland Park