Ninety renewable scholarships with amounts between $1,000 and $5,000 for outstanding minority students majoring in accounting.
The American Institute of CPAs (AICPA), founded in 1887, is the largest accounting association in the world, having over 412,000 members in 144 countries. AICPA members come from various professional backgrounds, including business, industry, public practice, government, education or consulting. It sets ethical standards for the accounting profession and US auditing standards for federal, state and local governments, as well as private companies and nonprofit organizations.
Every year they offer up to 90 scholarships (with amounts ranging from $1,000 to $5,000) to outstanding minority students admitted or enrolled in U.S. colleges and universities and studying accounting or other accounting-related fields.
The scholarship was created in 1969 with the aim to increase the representation of ethnically diverse accounting professionals. Applications will be reviewed and ranked based on the academic achievements of the candidates, their proof of leadership and volunteerism and their overall commitment for becoming accountants.
The funding should be used exclusively for covering the educational expenses necessary to obtaining an accounting education, such as tuition fees, books, room and board. Payments are sent directly to the university’s financial aid office.
The deadline for the application is April 1, 2020.
The criteria of eligibility for these scholarships are the following:
- Students must be U.S. citizens or legal residents in the United States belonging to an ethnic minority (including but not limited to Black or African Americans, Hispanic/Latino, Native Americans, Asian Americans, Pacific Islanders)
- They must be accepted or enrolled in a full-time undergraduate or graduate college or university
- They must have a major in accounting or an accounting-related field
- Maintain an overall GPA of at least 4.0
- Give proof of financial need
How to Apply
Applicants must fill the application form available on the AICPA website between January 20, 2020 and April 1, 2020. Applications should include the personal details of the candidates (name, address, school, email), their academic transcripts, and a proof of enrollment or admission in an undergraduate or graduate program at an accredited college or university.