SCHOLARSHIPS

AICPA Scholarship Award for Minority Accounting Students

Amount: $3,000 - $10,000

Sponsor: AICPA Foundation and participating state CPA societies


Open Date: Dec 01, 2021
Close Date: Mar 01, 2022
Close Time: 11:59 p.m.

Timezone: US/Eastern

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Program Overview

The AICPA Scholarship Award for Minority Accounting Students is part of the AICPA Legacy Scholarships. Students interested in being considered for more than one AICPA Legacy Scholarship need to complete only one application — applicants will be evaluated for all awards for which they are eligible in the program. All applications must be completed and submitted by the deadline to be considered.

This award provides financial assistance to outstanding minority students to encourage their pursuit of accounting as a major and their ultimate entry into the profession.

Scholarship payments are sent directly to the student’s financial aid office to be used towards payment of tuition and expenses directly related to obtaining a degree.  This award is renewable; however, renewals are neither automatic nor guaranteed. Students who wish to renew their scholarship award must reapply the following year.

Program Background

The AICPA Minority Scholarship was created in 1969 with the purpose of increasing the representation of ethnically diverse CPA professionals. For more than four decades, this program has provided over $14.6 million in scholarships to over 8,000 accounting scholars.

Funding is provided by the AICPA Foundation with additional contributions from the following organizations:


Requirements

An eligible applicant must be/have:

  • An ethnic minority in the accounting profession (including but not limited to: Black or African American; Hispanic or Latino; Native American; Pacific Islander; or Asian American).
  • Pursuing an undergraduate or graduate-level degree in an accounting or accounting-related major. (Accounting-related shall be as determined by Sponsors in Sponsors’ sole discretion.).
  • Planning to pursue the CPA licensure but not presently be a CPA.
  • Completed at least 30 semester hours (or equivalent) of college coursework, including at least 6 semester hours (or equivalent) in accounting, by end of spring 2022.
  • Maintaining an overall and major GPA of at least 3.0 (on a 4.0 scale).
  • Enrolled as a full-time undergraduate (12 semester hours or equivalent per semester) or a full-time graduate-level student (9 semester hours or equivalent per semester) for the full 2022-23 academic year; fall 2022 and spring 2023. (Note: Part-time students (at least 6 semester hours or equivalent per semester) currently employed to meet the CPA license work experience requirement are encouraged to apply. Letter of employment is required along with a letter of recommendation from accounting professor)
  • An AICPA Student Affiliate member (or have submitted a new member application). Apply online at no cost: www.thiswaytocpa.com/join-aicpa.
  • A U.S. citizen or permanent resident (green card holder).
  • Some financial need (i.e., not receiving a full or partial scholarship(s) and/or grant(s) that combined cover and/or exceed one’s educational expenses).
  • Enrolled in a business and/or accounting program that is regionally, nationally or internationally accredited for the full 2022-23 academic year. The program must be accepted by the state board of accountancy as meeting the educational requirements necessary for CPA licensure in the state you intend to become licensed OR in the state where your program is located.
  • Willingness to remain engaged with the AICPA and to provide feedback for the development of this and other programs by the Association.
  • Note: The Association staff and their family members are not eligible to receive this scholarship.

 

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2022-23 AICPA Legacy Scholarships
 

AICPA Legacy Scholarships: Applications deadline March 1, 2022

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