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Appraisal Institute Education Trust Minorities and Women AI Course Scholarship

1) Review Requirements 2) Submit Application 3) Upload Required Documents

Eligibility and Requirements

The applicant must:

  • Be a minority as identified by the U.S. Census Bureau: Black, Asian or Pacific Islander, Hispanic, American Indian, Alaskan Native, or Female
  • Be an Appraisal Institute Candidate for Designation in good standing, working toward an MAI or SRA designation.
  • Have Appraisal Institute fees paid in full for the year prior to the quarterly review date. To view your dues invoice, click here.
  • Be current with Standards and Ethics courses requirement for Candidate for Designation. To view your SPP cycle, click here.

Conditions

The applications are rolling and will be reviewed on a quarterly basis with the review dates around Jan 1, April 1, July 1, and Oct. 1, or until the fund is exhausted for the year.

  • Scholarships may be applied only to Appraisal Institute courses on the MAI or SRA designation path:

MAI Designation Education:

General Appraiser Report Writing & Case Studies State Approval
Advanced Income Capitalization State Approval
Advanced Market Analysis and Highest and Best Use State Approval
Advanced Concepts & Case Studies State Approval
Quantitative Analysis State Approval

SRA Designation Education:

Residential Site Valuation and Cost Approach State Approval
Residential Sales Comparison and Income Approaches State Approval
Residential Report Writing and Case Studies State Approval
Residential Market Analysis and Highest & Best Use State Approval
Real Estate Finance, Statistics, and Valuation Modeling State Approval
Advanced Residential Applications and Case Studies/Part 1 State Approval
Advanced Residential Report Writing/Part 2 State Approval
  • Scholarship award must be used in the same calendar year in which it is awarded, and cannot be retroactively applied to courses an applicant has already taken.
  • Applicants must submit an application for each course he or she would like to be considered for an award.
  • Scholarship money will be paid directly to the chapter sponsoring the education. Scholarship monies are for the course fee only.
  • Applicant may apply for only one AIET Minorities and Women Designation scholarship per quarterly review, and can be awarded one AIET scholarship per year.
  • Please note: This scholarship does NOT apply towards online courses.

Application Process

1. Prior to the quarterly review date, applicant will fill out this online form, and in Step 3 upload the supplementary documents, which include:

  • 500 Word Essay stating why applicant should be awarded the scholarship. This essay should highlight professional goals and experience, financial need, involvement with local AI chapter, and commitment to achieving an Appraisal Institute designation;
  • List of Appraisal Institute courses taken to date;
  • Resume or statement of qualifications; and
  • Other documentation to support application.

2. The Scholarship Review Committee will determine recipients, based on funding available and the application, and all scholarship applicants will be notified of the status of their application, via e-mail.

3. Within two weeks of receiving an award, the recipient or the chapter must submit proof of course registration to the AIET.

Questions?

Contact the AIET Scholarship Program
200 W. Madison, 15th Floor
Chicago, IL 60606
T 312-335-4133
F 312-335-4134
EducationTrust@appraisalinstitute.org

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