Scholarships, grants, and tuition reimbursement opportunities are available for new students and professionals continuing their real estate education. The two primary sources of financial aid used by Illinois REALTORS® students are REEF Scholarships and GI Bill® education benefit. (GI Bill® benefits may be applied to Illinois REALTORS® pre-license classroom courses (classroom training only).

Illinois Real Estate Educational Foundation (REEF)

The Illinois Real Estate Educational Foundation (REEF) is a not-for-profit organization established to aid and promote real estate education throughout Illinois.

REEF LogoREEF scholarships are awarded to students of real estate and related fields of study at colleges and universities both within and outside Illinois, to candidates of the Graduate, REALTOR® Institute (GRI) of Illinois program, and to those furthering their knowledge in the field of association management and leadership.

REEF’s Illinois Education and Training Grant and Illinois Minority Real Estate Scholarship Program may help with broker pre-license education costs.

Please note: application materials for pre-license course tuition reimbursement scholarships must be submitted prior to enrollment.

GI Bill® Tuition Reimbursement

U.S. military veterans who want to start a career in real estate may request benefits for live and virtual classroom pre-license class fees through the GI Bill®. Only Illinois REALTORS® live instructor-led broker pre-license courses are eligible. After June 1, 2022, no virtual classes will be approved for the GI Bill benefit.

GI Bill logo iconHere’s how it works:

  • You must be an eligible U.S. military veteran who meets the U.S. Department of Veterans Affairs’ guidelines for the GI Bill® benefit, including High School diploma, GED or college transcripts and Certificate of Eligibility.
  • Attend a live pre-license class at one of more than 65 participating Illinois REALTORS® classroom branch locations.
  • Complete and submit the Request for Veterans Benefits form.

Learn more about education scholarships for Illinois REALTORS® courses online, or ask an Education Specialist by calling (217) 529-2600 or sending an email to [email protected].

Illinois REALTORS® Licensing & Training Center is the only Illinois real estate school that offers the GI Bill® tuition benefits. The U.S. Department of Veterans Affairs determines eligibility for GI Bill® benefits. Call (888) 442-4551 to learn if you qualify.