RELUI Program Updates Digest

RELUI administers program improvement grants. These grants, funded by an endowment created through licensing fees and administered by an agreement between California’s Real Estate Commissioner and the Trustees of the California State University, are designed to promote the maintenance, development and improvement of real estate programs. RELUI’s Advisory Committee solicits applications every spring for grants awarded for the upcoming academic year. The total amount awarded typically exceeds $25,000. 

The goal of the endowment allocations are to:

• Encourage increased involvement in real estate research and education,
• Aid in the development of improved curricula, teaching techniques and materials, 
• Foster cooperation and coordination among the segments of higher education,
• Provide a means for the continuing revitalization of real estate faculties, and
• Aid in improving communication between the industry and the educational community. 

Consideration in receiving grants is given to CSU campuses that: 

• Will develop or improve an existing specialization, field of emphasis, major or certificate program in real estate education.
• Articulates its real estate program with other institutions, including community colleges, to maximize the real estate education potential of all.
• Will develop real estate instructional aids and where appropriate make them available to other qualified educational institutions and parties in response to demonstrated need. 
• Will offer courses which enable students to sit for real estate licensure examinations and which contribute to their preparation for such examinations. 

Additionally, consideration is given to campuses:

• That have effective mechanisms for identifying the educational needs of the real estate industry, such as through establishment of an Advisory Committee which includes licensed practitioners in its membership,
• Has or is seeking to obtain faculty with expertise in real estate education,
• Have a continuing interest in and commitment to research designed to improve real estate education, and
• Have no appropriate alternative source of funds for the proposed project or program for which financial support is sought.