In an effort to further diversity in the commercial real estate industry, LaSalle Investment Management has launched the LaSalle Real Estate Scholarship, focused on providing college tuition assistance to minorities, specifically Black and Latinx college students. The scholarship program has been established for five years, and will contribute $100,000 per year in funds to provide college sophomores with $10,000 toward their education. However, the benefits don't end with funding. The program also includes mentoring LaSalle executives on career options and advice. In addition, the scholarship program will feed into LaSalle's leadership program.
To launch the program, LaSalle is initially partnering with four academic institutions, including some of the top Historically Black Colleges and Universities in the US: Roosevelt University, Morehouse College, Spelman College and Florida A&M University. As the program expands, LaSalle continues to focus on Historically Black Colleges and Universities as well as other institutions.
To be accepted into the program, students will need a 3.0 grade-point average. In addition, students accepted into the program will need to participate in four quarterly meetings, which includes an investment committee meeting. In addition, each student will partner with a senior member of the firm for mentorship and guidance.
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