Breaking Barriers Scholarship

• Be a racial minority (Black or African American, Asian American, Hispanic or Latino, Pacific Islander, American Indian or Asian Indian)
• Be an Indiana resident
• Have completed a licensing course and passed State examination
• Meet all Indiana Real Estate licensing criteria 
• Meet MIBOR membership criteria
• Plan to be a full-time real estate agent
• Either not be a current member or has been a member of MIBOR for no more than 6 months at the time of application
• Have a mentor (Designated REALTOR®/Managing Broker or REALTOR® member)
• Submit two (2) letters of recommendation, one from the mentor and one other professional reference
• Commit to completing the MIBOR Master Professional Certification Program within 2 years of receipt of scholarship ($250 value, to be waived)

Applicants must include at least two (2) letters of recommendation, one from their mentor and one from a personal or professional reference. The Scholarship Panel (“Panel”) will meet to review all applications and determine which applicants should be given further consideration. Final candidates will be required to participate in an interview by the Panel. The Panel will consist of 2 MIBOR Diversity, Equity, Inclusion Committee members, 1 MIBOR employee, and 1 MIBOR officer. The Panel will make a recommendation to the Board of Directors of scholarship recipients and the Board of Directors will make the final determination.

Once the scholarships are awarded, recipients will be reimbursed for their completed pre-licensing course and state licensing/exam fees upon proof of completion/payment for each. MIBOR-related fees will be handled internally once the recipient applies for membership or when dues/fees are assessed (for applicants that are already a member).

• Real Estate Pre-licensure Course
• State licensing application and examination fees
• MIBOR initial application fees, tech fees, and dues (equivalent of 1 year of same)
• IAR/NAR initial fees and dues (equivalent of 1 year of same)
• MIBOR Master Professional Certification Program – 2 years to complete

Scholarship recipients must apply for MIBOR membership within 60 days of notification of award.