MBA Awards More Than $148,000 in Path to Diversity Scholarships
The Mortgage Bankers Association awarded more than $148,000 in scholarships last year to 167 women and those from historically marginalized and underrepresented groups under its Path to Diversity Scholarship Program.
The scholarships were given to industry professionals from MBA member companies seeking to advance their careers through MBA Education programs, courses and select conferences.
“The Path to Diversity Scholarship program offers women real estate professionals and those with diverse backgrounds the opportunity to expand their knowledge of the mortgage industry,” said Amber Lawrence, MBA Associate Vice President of Diversity, Equity and Inclusion. “MBA remains committed to being a partner in the development journey of industry professionals through education and training.”
Click here for a partial list of the recipients, composed of those who wished to be publicly listed.
P2D scholarships are funded primarily by donations from MBA’s Research Institute for Housing America. In recent years, MBA has also received donations from CBRE, Quicken Loans, CMG Financial, Truist Mortgage, VantageScore Solutions, Ballard Spahr LLP and Cultural Outreach Solutions.
Awardees receive a voucher to cover registration fees, up to $2,000, for MBA Education programs, courses and select MBA events. Awardees can also apply for the scholarship up to three times throughout their career, representing a potential value of up to $6,000. To be eligible for a P2D scholarship, individuals must be currently employed by an MBA member firm or state MBA member firm, be a part of one or more underrepresented groups, and have two years of experience in the mortgage industry or some equivalent in real estate finance experience or training.
MBA has recently made changes to streamline the P2D application process, including additional access to MBA’s virtual educational resources, expedited processing upon request, and allowing applicants to receive letters of recommendation from a broader range of industry professionals.
Click here for full eligibility information or to apply. In addition, MBA members can visit here to donate to the P2D scholarship fund.
For more information on MBA’s Diversity, Equity and Inclusion commitment, visit the DEI Resource Center at https://www.mba.org/industry-resources/diversity-equity-and-inclusion/path-to-diversity-scholarship-program.
