Several scholarships ranging between $1,000 and $5,000 offered by the AICPA Foundation (with some additional contributions from the New Jersey Society of CPAs, the Accounting Education Foundation of the Texas Society of CPAs, the Virgin Islands Society of CPAs and the Robert Half International) for outstanding minority students interested to pursue a career in accounting.
The AICPA Foundation is an organization established in 1922 in order to help develop the scientific field of accountancy and accounting education.
They offer several scholarships ranging from $1,000 to $5,000 every year to ethnic minority students (including but not limited to Black/African Americans, Hispanics/Latinos, Native Americans, Pacific Islanders, Asian Americans) who are enrolled in a full-time undergraduate or graduate program in an accounting-related field at an accredited U.S. educational institution and plan to obtain a CPA licensure. They should be U.S. citizens or permanent residents have a GPA of at least 3.0.
These scholarships were established in 1969 with the aim of increasing the representation of ethnically diverse CPA professionals. Until now, this program provided more than $14 million to over 8,000 accounting students.
Interested candidates should initially create an account on AICPA’s webpage by introducing their contact details (name, surname, email address, education) and follow the step-by-step application guide provided there.
The deadline for the application is April 1, 2020 and the winners, selected according to their academic achievements, proof of leadership skills and volunteerism, and commitment to become licensed CPA professionals, will be notified via email by August 1, 2020.
The scholarships will only be used for education-related expenses (e.g. tuition fees, room and board, books etc.) and will be sent directly to the university’s financial office.
In order to apply for these scholarships, candidates must:
- Be U.S. citizens or permanent legal residents pertaining to an ethnic minority
- Be enrolled full-time in an undergraduate or graduate program in an accounting-related major at an accredited college or university
- Maintain a GPA of at least 3.0
- Plan to obtain a CPA licensure in the near future
- AICPA staff and their family members are NOT eligible to apply for this scholarship.
How to Apply
In order to apply, candidates should initially create an account on AICPA’s application webpage (https://www.thiswaytocpa.com/signup/?next=/education/aicpa-legacy-scholarships/scholarship-minority-accounting-students/apply/) and follow the detailed instructions provided there. Any further questions can be sent by email at email@example.com.