PREA Scholarship Program in USA

Country: USA Value: $5,500.00 Deadline: May 27, 2021 Category: Undergraduate & Graduate

PREA Scholarship Program in USA: If selected as a recipient, the student will receive an award ranging from $500 to $5,000.

PREA's mission is to provide services to its members participating in institutional real estate investment by sponsoring objective forums for education, research projects, member interaction and information exchange. Founded in 1979,

Pension Real Estate Association (PREA) is a non-profit industry association for the global institutional real estate investment industry. PREA currently lists more than 700 member companies in the United States, Canada, Europe and Asia.

Our members include public and corporate pension funds, endowment funds, foundations, TaftHartley funds, insurance companies, investment consulting companies, REITs, developers, real estate operating companies and industry service providers.

In keeping with our educational mission, the Pension Real Estate Association annually awards scholarships to promising students studying real estate at the undergraduate and graduate levels.

These scholarships are awarded through our own scholarship program, and financial needs are taken into consideration when determining the amount of each award. Potential recipients found to be unnecessary will be eligible for the minimum reward.

PREA is also a long-term corporate donor to the Robert A. Toigo Foundation and its scholarships for ethnic minorities and female students. In 2020, the program allocated 30,000 US dollars to students, as follows:

awarded 20,000 US dollars to graduate and undergraduate students majoring in real estate or majors. Funds are allocated through PREA’s scholarship program administrator Scholarship America at our sole discretion.
$ 10,000 was awarded to the Robert A. Toigo Foundation to support the education and professional development of minority students engaged in real estate careers. The Robert Toigo Foundation selected four researchers to share the $10,000 bonus.

Application Criteria for PREA Scholarship Program in USA

Applicants to the PREA Scholarship Program must be:

Current college sophomores, juniors or seniors and graduate level students who are already enrolled or planning to enroll in full-time undergraduate or graduate study at an accredited four-year college, university, or graduate school for the upcoming academic year.
Majoring or concentrating in a real estate field of study.

More details about for PREA Scholarship Program in USA!

Scholarship recipients are selected on the basis of:

The written essay*
Academic record
Demonstrated leadership and participation in school and community activities
Honors
Work experience
Statement of career and educational goals and objectives
Unusual personal or family circumstances
An online recommendation

Once scholarship recipients are selected, financial data is reviewed to determine the amount of each award, ranging from $500 to $5,000. Potential recipients who demonstrate no need will be eligible to receive an award at the minimum amount.

Applicant essays will be evaluated by a PREA committee with results submitted to Scholarship America. Final selection of recipients is made by Scholarship America. All applicants agree to accept the decisions of PREA and Scholarship America as final.

*Essay Topic

In 500 words or less, state

Why you have decided to pursue a career in the commercial real estate industry (less than 100 words) and
Why do institutional investors such as pension funds invest in real estate as part of a mixed or multi-asset portfolio? Discuss what you feel are the opportunities, risks, and challenges that investors may find in the real estate investment markets.

For more information about the Robert A. Toigo Foundation, its partnerships and its programs, please visit www.toigofoundation.org.