CRE Future Leaders Program
Future CRE Leaders Program
- Youth Exposure
Summary
The CRE Future Leaders program will host a cohort of 4 students that have been recommended to us for participation in the program by qualified high school officials. Each student will receive a $10,000 scholarship, commercial real estate education, mentorship, and continued support throughout their commercial real estate career. Prior to consideration, each student must have attended a commercial real estate focused event hosted by African American Real Estate Professionals of Atlanta. Students who are awarded the scholarship must commit to volunteering with AAREP ATL for 5 hours per month after they graduate for a duration of 3 years.
Challenge
Misalignment of educational aspirations and career goals is associated with lower educational attainment, a lack of college readiness, and may contribute to persistent educational and employment disparities.
Exposure to commercial real estate at a young age can change the trajectory of minority youth by providing financial literacy, a deep understanding of the different niches in commercial real estate, and access to an industry that fosters high earning potential. Lack of access prevents minority youth from underserved communities the option to participate in the commercial real estate industry.
- Lack of Exposure
- Lack of Access
- Socioeconomic Gap
Solution
Provide a solid financial foundation for underprivileged, minority youth who demonstrate an interest in commercial real estate, and intend to pursue a career in commercial real estate.
$10,000 college scholarship awarded to four (4) deserving high school students with a CRE-focused career trajectory.
With the use of technology, we can track students for 8+ years during their academic career and beyond into their professional career.
We partner with local high schools that have programming in place for scholars interested in higher learning.
Expose high school students to the commercial real estate industry by teaching financial literacy through commercial real estate ownership.
We work with the National College Resource Foundation and Project Destined to engage and create CRE clubs in HBCU’s nationally.
Expose recent minority college graduates to other facets and niches within the commercial real estate industry.
Bolster the careers of new minority commercial real estate professionals by providing education and mentorship opportunities, access to corporates seeking diverse talent, and exclusive invitations to career-building networking events.
The Minority Advancement Fund is a financial allotment for minority commercial real estate professionals who demonstrate a need for financial assistance. The fund can be used for trade organization dues and professional designations.
Requirements
The CRE Future Leaders Program is afforded to high school juniors and seniors who live in underserved communities and exhibit a high potential for success in the commercial real estate industry.
The ideal candidate for this scholarship:
- Is in a college preparedness program or has expressed interest in college
- Actively gives back to his or her community
- Has demonstrated leadership skills
- Exhibits an interest in pursuing a career in commercial real estate
- Maintains a solid GPA
- Must submit a 1,000-word essay
- Must have 3 letters of recommendation
- Must complete the application in its entirety
