Accounting Scholarships
Here are some of the Accounting scholarships on our site for which you may qualify.
HSF/General Motors Scholarship Program
Program Description: The Hispanic Scholarship Fund (HSF) and General Motors (GM) have partnered to provide financial resources to assist outstanding Latinos pursuing degrees in Engineering and Business. The award amount is $2,500. Eligibility Requirements: Be of Hispanic heritage. Be a U.S. citizen or legal permanent resident with a permanent resident card or passport stamped I-551 (not expired). Be enrolled full-time in a degree-seeking program at a four-year U.S. accredited college or university in the U.S., Puerto Rico, or U.S. Virgin Islands for the upcoming academic year (enrollment is verified in the Fall). Have a minimum cumulative grade point average (GPA) of 3.0 on a 4.0 scale (or the equivalent). Be majoring in Engineering (electrical, industrial, manufacturing and mechanical) or Business (accounting, business administration, economics and finance). Must complete the GM Online Assessment (required of semifinalist only).
John L. Carey Scholarships
This scholarship program provides financial assistance to liberal arts degree holders pursuing graduate studies in accounting. These awards are intended to encourage liberal arts undergraduates to consider professional accounting careers. Applicants must have obtained a liberal arts degree prior to enrolling in a graduate accounting program. Applicants must be liberal arts degree holders of a regionally accredited institution in the United States. Applicants must be accepted into, or in the process of applying to, a graduate program in accounting that will enable them to sit for the CPA Examination at a college or university whose business administration program is accredited by the AACSB - The International Association for Management Education or the Association of Collegiate Business Schools and Programs (ACBSP). Applicants must express the intention to pursue a CPA certificate. The scholarship will be awarded contingent upon the applicant's acceptance into a graduate program. Students who are already actively participating in a graduate accounting program are not eligible for the scholarship. All applicants must be U.S. citizens. Scholarship recipients must begin their graduate program within the year that the scholarship is awarded. Recipients must be full-time students throughout the period during which they receive the scholarship. The amount of the scholarship is $5,000 for one year and is renewable for an additional year of study provided satisfactory scholastic progress is maintained. Recipients of Carey Scholarships are not precluded from accepting other scholarships or awards. Recipients are selected by the John L. Carey Scholarship Task Force. Up to seven scholarships are awarded each year. The selection is based on demonstrated outstanding academic achievement, leadership and future career interests. The AICPA cannot be responsible for materials that are lost or delayed in the mail. The scholarships are paid from an AICPA Foundation fund created by member contributions to honor John L. Carey upon his retirement as AICPA Administrative Vice President in 1969. Mr. Carey joined the AICPA staff upon his graduation from Yale, and spent his entire career in the service of the profession. After his retirement from the AICPA, he was a visiting professor at the University of Georgia and the University of Illinois at Urbana-Champaign. For more information, call the AICPA directly at (212) 596-6221 or e-mail [email protected].
Scholarships for Minority Accounting Students
This scholarship program provides awards of up to $5,000 to outstanding minority students to encourage their selection of accounting as a major and their ultimate entry into the profession. These awards are funded by the AICPA Foundation from monies contributed by the AICPA, its members, public accounting firms, and others. The program has been in existence for more than 20 years and has awarded more than $6 million in scholarships. Scholarships are awarded each July for the following academic year.
Frank H. Ault Scholarship
The purpose of the Frank H. Ault Scholarship is to provide financial assistance to current college students who have declared a major in finance or accounting. Students must be attending an accredited four-year university, community college students who are transferring to an accredited four-year university, or local residents who are attending an accredited four-year university elsewhere. Applicants must have a demonstrated financial need and a minimum 3.0 grade point average on a 4.0 scale. Also, students must have participated in extra-curricular or community service activities. Preference will be given to students who are active members of or have taken leadership in their school's accounting society. Past recipients of this scholarship may re-apply.
Alabama Society of CPAs - General Scholarship
General Scholarship Criteria
The scholarships available from the Educational Foundation are awarded with the assistance of local chapters of the ASCPA. Some chapters also award their own scholarships; a single submission will make students eligible for both Educational Foundation and chapter awards. Don’t forget to have a sponsor signature on the application.
● Have completed Financial / Intermediate Accounting I & II courses
● Have “B” average in all accounting courses (3.0 on a 4.0 scale)
● Have “B” average overall (3.0 on a 4.0 scale)
● Have at least one full year left in school (fourth or fifth year)
● Have declared a major in accounting
● Enrolled with 6 hours per semester/12 hours per year
● Must be a U.S. citizen or a permanent resident (green card)
● Prefer candidates with a strong interest in a career in Alabama public accounting
● Plan to pursue CPA licensure, but are not presently a CPA
● Submit a 25 word or less essay on why the scholarship is important to you
● Provide a digital headshot photograph suitable to be published in the Alabama CPA magazine
● Include official transcript from the university
Paul Hagelbarger Memorial Scholarship Fund
The primary objective of the Fund is to provide financial support to promote accounting education for the practice of public accounting in the State of Alaska. The awarding of scholarships will be based on the scholastic achievement, the student's intent to pursue a career in public accounting in Alaska and financial need. The scholarships are open to all junior, senior, and graduate students who major in accounting and attend a four year institution in the State of Alaska.
Although the size of the scholarships can vary, the minimum award has been set at $2,000
Public University Senior and Master's Program Scholarships
Three $2,000 scholarships are awarded to each of the three public universities (Arizona State University, University of Arizona and Northern Arizona University) based on the following criteria:
Accounting majors who will begin their senior year or master’s program and have a 3.5 minimum GPA
Legal U.S. resident
Each candidate completes a detailed scholarship application form
The students nominated are asked to prepare a statement of career goals and a formal resume
Please contact the individual university for applications and to learn more about the process.
Arkansas Society of CPAs Scholarship
The ASCPA Student Education Fund Board awards scholarships on the basis of academic achievement, professional promise, and the students commitment to pursuing accounting and the CPA credential. The process involves the completion of an application form, including grade transcripts, a resume, and letters of recommendation, as well as the accounting department chairpersons recommendation.
Who is eligible for a Student Education Fund scholarship?
Each accounting department of an Arkansas four-year college or university offering an accounting degree shall be allowed to submit one scholarship application for each qualifying faculty member who is a regular member in good standing of the Arkansas Society of CPAs. The accounting department may decide how to determine which applications are submitted. Accounting students who have completed 84 semester hours of coursework including 15 semester hours of accounting (including Principles), who have at least a 3.5 GPA (on a 4-point scale) in accounting coursework are eligible to apply. The applicant may be pursuing an undergraduate accounting degree (or its equivalent) or may have graduated and be completing additional coursework to accumulate 150 credit hours. The applicant must certify that he/she is pursuing the requirements to sit for the CPA Exam and does intend to pursue the CPA professional certification.
California Society of CPAs
For two and four year colleges/universities. Minority scholarships sponsored by the Society and administered by the AICPA. Scholarships are also available through the society's chapters.
Connecticut Society of CPAs
For college accounting majors at each college and university in Connecticut that offer a full-time curriculum leading to an accounting degree and are recognized by the Connecticut State Board of Accountancy. Requirements: Accounting majors entering their senior year who have achieved the highest standing in their accounting and general curriculum. The Ph.D. candidate awardee, in addition to making successful progress in his or her candidacy.
The Scholarship Fund of the Greater Washington Society of CPAs
Students attending the universities listed below on a full time basis and meet all other criteria are eligible to apply for an award from the GWSCPA Scholarship Fund. These schools offer either a BS or BA degree in accounting or have graduate level programs that qualify for the 150 (semester) hour requirement for graduates to sit for the Uniform CPA Examination.
Schools eligible for GWSCPA’ Scholarship Fund:
American University
Catholic University
Gallaudet University
George Washington University
Georgetown University
Howard University
University of the District of Columbia
Florida Institute of CPAs
For college accounting majors in an accredited college/university with the 150-hour educational requirement (merit and financial need). Amount: Typically $1,250 each Requirements: Students should have completed their junior year and indicated a desire to practice in the field of accounting as opposed to other disciplines. They must be planning to sit for the CPA exam and working toward fulfilling those requirements. They should be Florida residents and indicate a desire to work in the state of Florida.
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