Ohio Chapter of the Appraisal Institute Diversity Scholarship

The Ohio Chapter of the Appraisal Institute (OCAI) has been accelerating diversity, equity, and inclusion (DE&I) initiatives to bring about positive change to the appraisal profession. The OCAI Diversity Scholarship was created to foster diversity in the appraisal community.

One OCAI Diversity Scholarship per calendar year is awarded to either current minority professionals who are active in the practice of real estate appraisal, or undergraduate and graduate minority students concentrating, or with demonstrated interest, in real estate appraisal and/or valuation. The scholarship is intended to pay for Appraisal Institute classes toward the pursuit of the MAI or SRA designations or state licensing (general or residential) certification.

Requirements and Procedures

Deadline

• Application must be received by November 1.

Eligibility

• Applicant must indicate the U.S. Census eligible group to which they belong.
• Scholarship award must be used in the calendar year following the date of award.
• Eligible recipients may receive only one (1) OCAI Scholarship per year.
• The recipient must attend one OCAI chapter business meeting and one OCAI board of directors’ meeting and must participate on at least one OCAI chapter committee in the calendar year subsequent to the scholarship award.
• Student Applicants:
  • A student applicant must be a student majoring in real estate appraisal, land economics, real estate, or allied fields and with a demonstrated interest in real estate appraisal and/or valuation.
  • A student applicant must be within two years of undergraduate degree attainment, Masters Candidate, or Doctoral Candidate and must be a full or part-time student at a U.S. degree granting college or university.
  • A student applicant must either already be a Student Affiliate member of the Appraisal Institute or must apply to become one by the end of the calendar year of their application submission (student memberships are free of charge).
• Current Appraisal Professionals:
  • Applicant must be a current professional within the Ohio Chapter of the Appraisal Institute.
  • Applicant must be an Ohio resident and/or pursuing an Ohio appraisal certification.

Required

1. Letter or personal statement discussing academic achievements, financial need, career aspirations, involvement in real estate field, and any qualifications considered relevant by the applicant.
2. Current Resume (For student applicants, a preference is given to student applicants with an appraisal internship).
3. A minimum of one letter of recommendation.
4. A current transcript via your Appraisal Institute login page, proof of current college enrollment, and/or unofficial college transcript.

Awards

• One OCAI Diversity Scholarship of $1,500 per year.

Award Process

1. The OCAI will pay the AI course provider directly for the scholarship recipient’s chosen class(es).
2. The scholarship cannot be used for the Capstone Program, continuing education, or travel expenses.
3. Complete the following application.
4. Email the application and any supporting documents required to nancy@aiohio.org.
5. All portions of the application must be completed, and all information supplied must be accurate, otherwise the application will not be eligible for consideration.
6. Additional details will be provided to the recipient when notified of the award in November.
7. The 2024 scholarship will be formally presented to its recipient in Dublin, Ohio during our Special Presentations Event and Social on Thursday, November 30, 2023.

Online Application Form   PDF Application Form