The Appraisal Institute is proud to announce the reopening of applications for the Pathways to Success scholarship, funded by The Appraisal Foundation and administered by the Appraiser Development Initiative (ADI). This scholarship provides full financial support for individuals pursuing licensure through an approved Practical Applications of Real Estate Appraisal (PAREA) program - offering a flexible and accessible pathway into the valuation profession.

The 2025 program year has already awarded 42 Pathways to Success scholarships supporting a pipeline of future appraisers.

NCAI Government Relations Committee Chair Shepherd Overton, MAI, attended the North Carolina Appraisal Board meeting on April 22, 2025.

The highlight of the meeting was a presentation by John Russell and Peter Fontana representing the Appraisal Foundation. The theme of their presentation was alternative experience, and the ways the Appraisal Qualification Board was exploring to allow for experience outside of the traditional appraisal writing route. The main thrust was the experience assessors have around the country, the classes they must take, and what their output looks like, i.e., a mass appraisal. The presenters spoke about a possible path for these types of alternative valuation professionals and how their experience, plus appropriate state testing, could be a pathway toward appraisal licensing. They noted some discussion is underway regarding whether assessors who might qualify for their experience would be required to submit sample reports to state boards prior to licensure. The presenters addressed how this aligns with the current problems facing the traditional path and finding supervisors.

The Appraisal Institute Education and Relief Foundation offers scholarships for AI professionals pursuing designations and state certification. Specific offerings are available for minorities and women. Candidates for Designation and Practicing Affiliates should apply by the October 1 deadline.

The NCAI Scholarship Committee is available to answer any of your questions and guide you through the application process. Contact Scholarship Committee Chair Kelli Mayhew.

Apply Today