Scholarship Opportunities

Academic Scholarships

The Greater Tennessee Chapter awards two fifteen hundred dollar ($1500) scholarships each year to undergraduate students who will be juniors or above in the upcoming semester. Students must be enrolled in a public, four year college or university in Tennessee full time in a degree program in the real estate emphasis, finance emphasis and/or Economics or Business School of their respective academic institution.

For more information, download the Scholarship Criteria and Application Form.

These are in Adobe PDF format and you must have Adobe Acrobat installed on your machine to read and print them.

Click here for Scholarship Criteria.

Click here for Application Form.

Memorial Scholarships

To memorialize those members of the Greater Tennessee Chapter who have passed on, the Chapter has established a Memorial Scholarship Fund to promote the advancement of associate members of the Chapter seeking an Appraisal Institute Designation. The initial funding has been made by the Chapter. Memorial contributions will be accepted from family members and chapter members and shall be administered with the balance of the fund.

For more information, read the Scholarship Criteria and Application Form.

Click here for Memorial Scholarship Criteria

Click here for Memorial Scholarship Application Package

Purpose

The Greater Tennessee Chapter of the Appraisal Institute has established two annual grants to promote the advancement of associate members seeking an Appraisal Institute Designation in Tennessee.

Description

In December 2005, the Greater Tennessee Chapter of the Appraisal Institute established two annual grants of $500 each.  That amount was increased in September of 2009 to two annual grants of $1500, but only one scholarship will be awarded to an individual within a twelve (12) month period. The scholarships are to be awarded to students who are actively seeking an Appraisal Institute Designation in Tennessee.

When scholarships are awarded, they will be made by a special committee, appointed by the current chapter president, and consisting of no less than three (3) nor more than five (5) designated members of the Greater Tennessee Chapter of the Appraisal Institute, chaired by the Chapter Treasurer. However, if the Chapter Treasurer is not designated, he or she would be eligible to receive a scholarship and thus would be a non-voting chair of the committee formed by three (3) to five (5) voting designated members.

Criteria

The following criteria will be considered in awarding scholarships:

(1) Candidates must be a member of the Greater Tennessee Chapter of the Appraisal
Institute and have been a member of the chapter for at least one year.

(2) Candidates must have obtained credit for the 30-hour ‘Basic Appraisal Principles‘
Course.

(3) Involvement in Chapter and Appraisal Institute activities such as attendance at
Chapter Meetings, service on Chapter Committees or Board of Directors, etc.

(4) Have a letter of recommendation from two designated member of the Chapter’one
of whom is with a different firm.

(5) Documented financial need will be considered, but this award is not based on
financial need.

Application

Applications, together with these criteria, will be posted on the chapter web site (http://www.tnappraiser.org) in Adobe PDF format. They will not be mailed or faxed to applicants.

All applications filed with the chapter must be in writing and shall be made by courier service (Fed EX, UPS, Airborne, etc.) or first class mail, and addressed to the chapter Executive Director.

The selection committee will not consider any applications postmarked later than March 1st for the prior year.

Expenditure Approvals

The scholarship is funded as a post facto reimbursement. Upon receipt of notice of the scholarship, a scholarship recipient will be required to provide a copy of the:

a) ‘Official Academic Record for Appraisers‘ from the Appraisal Institute,

b) or, the equivalent.

The scholarship is in the form of a grant and is made without regard to other scholarships. Acceptable expenditures other than for tuition, books or fees may be for materials, equipment, etc.

Scholarship recipients are not automatically considered for subsequent awards. They must re-apply each year and will be compared to that year’s applicant pool.

Deadline for application is March 1st for the prior year. All applications or inquiries should be addressed to: