Scholarships

The Patrick Gallacher, CPM® Memorial Scholarship program is designed to provide its members with the opportunity to receive full and partial scholarships up to $1,000.00, based on funds availability, for the successful completion of CPM®, ARM® and ACoM® designation courses offered by IREM®. It is recognized that IREM® courses require a time and financial commitment, which may be difficult for some members to satisfy. For that reason, the IREM® New Mexico Chapter periodically makes funds available to assist in completing a portion of the required education.

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The IREM® New Mexico Chapter provides full and partial scholarships up to $1,000, based on available funds, to support members completing CPM®, ARM®, and ACoM® designation courses. We recognize the time and financial commitment required to earn an IREM credential, and this program helps local members move forward in their educational journey.

Scholarships may be awarded multiple times to the same individual.
A previous denial does not affect future eligibility, and a previous award does not guarantee future approval.

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Eligibility for the IREM NM Chapter Scholarship

To be considered, applicants must:

• Submit the IREM NM Scholarship Application Form

• Be an IREM® New Mexico Chapter member in good standing, with National and Local dues paid in full

• Demonstrate a clear commitment to a property management career

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Additional Considerations for Chapter Scholarship Decisions

Awards are based on factors including:

• Amount requested

• Available chapter funds

• Number of pending applications

• Employer support

• Member needs

• Prior scholarship history

• Level of chapter engagement

• Courses completed at time of request

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Chapter Scholarship Requirements

• Scholarships must be redeemed within one (1) year of issue

• Recipients must submit proof of course completion for reimbursement

• Recipients must participate on an IREM NM Chapter Committee and attend at least two (2) local chapter events per year

This policy may be amended or exceptions granted at the discretion of the IREM NM Chapter Board of Directors.

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Additional Funding Opportunities for Members Nationwide

In addition to chapter-based scholarships, the IREM Foundation offers national scholarship opportunities designed to make IREM education accessible to all members.

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What Foundation Scholarships Cover

IREM Foundation scholarships provide tuition assistance for up to three certification courses.
Recipients may apply for additional support once the original award is used or expires.

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Who Is Eligible for Foundation Scholarships?

You may apply if:

• You are an IREM member in good standing or employed by an AMO® firm

• You intend to pursue at least one IREM certification (CPM®, ARM®, or ACoM®)

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How Foundation Recipients Are Selected

Selection is based on factors such as:

• Demonstrated commitment to a real estate management career

• Clear intent to earn an IREM credential

• Participation and involvement in your local IREM Chapter

• Prior scholarship awards and usage history

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How to Apply for an IREM Foundation Scholarship

Applications are submitted online. You will need:

• The name of your local IREM Chapter

• Your IREM member ID (if known)

• A statement (500 words or fewer) describing:

  • Your intention to earn an IREM certification

  • Your passion for real estate management

  • Relevant professional accomplishments

  • How a Foundation Scholarship will support your career

Foundation scholarship applications are typically processed within 10 business days and are funded through generous donations from IREM Members, Chapters, and AMO® Firms.