(a) To be eligible for a Real Estate Education Scholarship, an applicant must provide both of the following:
(1) a letter from his/her real estate instructor recommending the applicant; and
(2) certification by a community college admissions officer or other college official of the applicant's enrollment status at the college.
(b) Eligibility for the scholarships will be limited to disadvantaged students. The term disadvantaged refers to groups or individuals who have low economic status and/or have been denied opportunities in society for reasons of gender, race, ethnicity, economics, language, education, physical disabilities, or other mitigating factors.
(c) To be eligible for an initial Real Estate Education Scholarship, the applicant must have satisfactorily completed at least one unit college level course in real estate with a grade of C (2.0) or higher on a 4.0 scale.
(d) A scholarship will require the student to have declared a real estate education major or, at a college that does not offer a real estate education major, a major in a related field with a concentration in real estate. Recipients must complete 6 units each semester (or the quarter equivalent) from the required real estate courses as defined by the approved Department of Real Estate course list for real estate broker, or as required by the institution for completion of the real estate certificate.
(e) Continued eligibility will require a grade point average of 2.0 on a 4.0 scale.
(f) The college financial aid officer or scholarship coordinator will determine if the applicant meets eligibility criteria and will initiate funding of the award.
Education Code 66700
Education Code 70901
Business and Professions Code 10450.6
Business and Professions Code 10451.5
(Amended by Register 93, No. 6).