Education and Research Fund for Real Estate Students

The Ohio Real Estate Commission administers the Ohio Division of Real Estate and Professional Licensing Education and Research Fund. A sales applicant may apply for a need-based loan of up to $2000 to pay education costs. The sponsoring broker as guarantor of the loan must sign the application. For full details, please contact the Ohio Division of Real Estate at (614) 466-3636.

*for those who qualify

The loan amount which an applicant is eligible to receive under this rule shall be based upon a percentage of the actual cost of the tuition and required texts determined in accordance with:

1. One hundred per cent of the federal poverty level qualifies for one hundred per cent;
2. One hundred thirty-three per cent of the federal poverty level qualifies for eighty per cent;
3. One hundred seventy-five per cent of the federal poverty level qualifies for sixty per cent;
4. Two hundred per cent of the federal poverty level qualifies for forty per cent; and
5. Two hundred fifty per cent of the federal poverty level qualifies for twenty per cent.