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The Florida Realtors Education Foundation Inc. is awarding $242,500 in scholarships to help pay for higher education expenses for 179 young people in the 2024-2025 school year.

The foundation, a not-for-profit corporation founded by the state realtor association, said that all the scholarship recipients are Florida residents and will either attend community colleges, four-year universities, graduate programs or law schools, both in state and out-of-state.

A variety of criteria was considered for successful applicants including academic achievements, financial need, relationship to the realtor family and contributions to family, school and community. Real estate-focused studies are not a requirement for receiving scholarship, although some of the students are considering careers in the profession.

“For 14 years now, the Florida Realtors Education Foundation Student Scholarship Program has helped 1,986 young people realize their dreams for the future by continuing their education,” said Brett Brown, chairperson of Florida Realtors Education Foundation Inc. “Florida Realtors has awarded a total of $2,745,000 in scholarships to help these students and their families with financial support for college. These scholarships are an investment in the future. Realtors across the state are honored to support these deserving young people and give back to our communities through this program.”

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