Students pursuing careers in real estate or a related field must submit their applications by April 1 in order to be considered for a 2019-2020 Morgan L. Fitch Scholarship, offered by the Illinois Real Estate Educational Foundation (REEF).

Applications and accompanying materials must be submitted online and/or postmarked by April 1 and sent to the REEF office in Springfield. Included in the application is a brief description of your activities, intellectual interests, employment, prospective line of study and career goals. Applicants must be Illinois residents, U.S. citizens and plan to study full time at the University of Illinois in Champaign-Urbana, either in the College of Commerce and Business Administration or the College of Liberal Arts and Sciences. Get your application now.

Fitch scholarships of up to $2,000 are awarded annually, although the number of scholarships awarded will be determined by REEF.  Scholarships may be used for tuition, room and board, textbooks and materials.

Scholarships will be awarded using the following criteria:

  • Applicant’s intended course of study and career goals;
  • Applicant’s record of scholastic achievement, including academic grade point average;
  • Applicant’s economic need or situation; and
  • Applicant’s references and recommendations by instructors, employers, REALTORS® and other prominent individuals.

Fitch was a 1922 graduate of the University of Illinois, became president of the Chicago Real Estate Board in 1940, president of Illinois REALTORS® in 1944 and president of the National Association of REALTORS® in 1947. A leading proponent of real estate education, Fitch remained an industry leader until he died in 1973.

REEF 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.

Other scholarships with April deadlines

REEF offers seven other scholarships with April 1 deadlines: Academic Scholarship, Daniel L. Goodwin Scholarship, George Patt Scholarship, James M. Kinney Scholarship, Richard D. Wiegers Scholarship, Parker R. Oldenettel Scholarship and Thomas F. Seay Scholarship.

The Alan S. Toban Grant Fund has an April 15 deadline.

For more information and applications, go to ilreef.org/scholarship/.

Since 2000, REEF has awarded more than $660,000 in scholarships to real estate professionals and their families.