Scholarships for Accounting Majors pave way for funding your path to success in finance. If you considering a career in accounting, then Scholarships for Accounting Majors is the best way to make your dreams come true.
Pursuing a degree in accounting can open doors to a wide range of opportunities, but it often comes with tuition costs and other expenses. Thankfully, there are scholarships available to support aspiring accountants on their educational journey. In this comprehensive guide, we will look into the various scholarships for accounting majors, and provide insights into the application requirements to help you secure financial aid for your accounting studies.
Paying for Your Accounting Degree
Accounting students have the opportunity to seek different scholarships and grants. Some of these programs consider financial requirements, while others consider factors such as where you live, your achievements, your level of study, or your specific program. Students can mix and match these types of assistance to get more financial support and lower their own costs.
Scholarships for Accounting Majors
Each scholarship has its own rules. Some are only for students in certain programs or places, like undergrad accounting students from specific states or cities. Others are more open. Scholarships might need you to show that you need money, do well in school, help in your community, have specific career goals, or belong to certain groups.
Scholarships also vary in how much money they give. They can be as little as $100 or cover the whole cost of your education. Some scholarships give money once, while others give it more than once. Some you can get easily, while others need a lot of paperwork. Depending on the scholarship, the money might pay your tuition right away, or you can choose how to use it.
Tips for Finding and Applying for Accounting Scholarships
Where to Start: Scholarship applicants can turn to various resources. The following resources list major scholarships, allowing learners to browse and sort through programs: CareerOneStop, ScholarshipAmerica, ThisWaytoCPA, Cappex, and FinAid.
- Where Next: Search scholarships available through your school. Look at state, city, or county websites for location-specific scholarships, as well.
- Search by Unique Parameters: Look for scholarships with more narrow requirements. For example, minority students should search for minority-specific scholarships. Students with certain hobbies or community interests might find programs catered to them.
- Locate Accounting-specific Programs: Accounting students can find program-specific scholarships by searching through the scholarship sections on accounting association and professional organization websites like AICPA or NABA.
- Consider All Award Amounts: Students should never discount a scholarship based on its amount. Smaller awards often garner fewer applicants and less competition, and they can add up.
- When in Doubt, Apply: In some cases, candidates may struggle to determine scholarship eligibility. In these situations, students should apply anyway. Scholarship prerequisites serve as guidelines, but they often allow for some flexibility and interpretation.
Below are tips for scholarship application
- Read Carefully: When completing an application, students should read the instructions and details fully. Aim to understand the goals of each scholarship and what it looks to reward.
- Academic Excellence: Many scholarship programs reward good grades, dedication, effort, and extracurriculars. In anticipation of scholarship applications, learners should work to bolster their academic resumes.
- Community Involvement: Scholarship programs often reward candidates who volunteer in their communities. Applicants with long histories of community service may receive preference.
- Set Your Career Goals: Some scholarships reward students who plan to work in specific fields. Organizations may even require career commitments after graduation. Applicants can support their applications by supplementing their career pursuits with related training, courses, and volunteer work.
- Letters of Recommendation: Many applications require applicants to submit letters of recommendation from personal and professional contacts. Prepare these in advance.
Types of Scholarships for Accounting Majors
Scholarships are divided into different groups, so students can make their searches better and keep their applications organized. Some scholarships can belong to more than one group. Here, we talk about some main groups and give examples of scholarships in each group.
Striving for Greatness Accounting & Finance Scholarship
- Who Can Apply: Full-time students with a minimum 3.0 GPA pursuing accounting degrees and certified public accountant (CPA) licensure can apply.
- Amount: $2,500
Deloitte Tax Scholars Program
- Who Can Apply: Accounting students from historically Black colleges and universities who demonstrate a 3.0 minimum GPA can apply.
- Amount: Up to $20,000
AICPA/Robert Half Student Scholarship Award
- Who Can Apply: Full-time accounting students with a minimum 3.0 GPA can apply.
- Amount: $10,000
RV Learning Center Scholarship Program
- Who Can Apply: Undergraduate students with a minimum 2.8 GPA can apply.
- Amount: $2,500
Scholarship Program for Accounting Students by AIS Technolabs
- Who Can Apply: Accounting students from Australia, the U.S., or Canada can apply.
- Amount: Up to $5,000
SCHOLARSHIPS FROM PROFESSIONAL ORGANIZATIONS
Frank L. Greathouse Government Accounting Scholarship
- Who Can Apply: Full-time graduate accounting students pursuing careers in government can apply.
- Amount: $5,000-$20,000
AICPA/AWSCPA Scholarship Award
- Who Can Apply: Female students and AICPA student affiliate members pursuing accounting degrees who demonstrate a minimum 3.0 GPA can apply.
- Amount: $5,000
TACTYC Transfer Accounting Student Scholarship
- Who Can Apply: Accounting students in two-year programs with a minimum 3.0 GPA and plans to pursue four-year degrees can apply.
- Amount: $1,000
NSA Stanley H. Stearman Award
- Who Can Apply: Undergraduate accounting students with a minimum 3.0 GPA who are related to active National Speakers Association members can apply.
- Amount: $2,000/year
Goldberg-Miller Public Finance Scholarship
- Who Can Apply: Graduate students pursuing careers in state and local government finance can apply.
- Amount: $20,000
Scholarships based on where you live can be from different places. They might be from certain chapters of groups or clubs. Some people who want to help students in their area set up these scholarships, and sometimes, even the government makes them. To get these scholarships, you might need to graduate from a school in that place, live there now, or go to school there.
NABA New York Chapter Scholarship
- Who Can Apply: Black, full-time accounting students from New York demonstrating a minimum 3.0 GPA can apply.
- Amount: $1,000-5,000
CTCPA Educational Trust Fund Scholarships
- Who Can Apply: Accounting students attending school in Connecticut can apply for these awards.
- Amount: $5,000
Illinois CPA Society Freshman Scholarships
- Who Can Apply: Minority high school seniors with a minimum 3.0 GPA pursuing accounting degrees in Illinois can apply.
- Amount: $2,000
AICPA Scholarship Award for Minority Accounting Students
To increase diversity among CPA professionals, the American Institute of Certified Public Accountants (AICPA) introduced this scholarship in 1969.
- Ethnic minority applicants pursuing degrees in accounting and planning to pursue CPA licensure can apply.
- Applicants must have completed 30 credits, maintain full-time status, and demonstrate a minimum 3.0 GPA.
- Candidates must also be AICPA student affiliate members and demonstrate financial need.
Who Can Apply: Full-time ethnic minority students with a minimum 3.0 GPA pursuing accounting degrees can apply. Amount: $3,000-$10,000
University of Edinburgh Accounting Scholarship
The University of Edinburgh maintains good relationships with a number of accounting and finance professional bodies. The curriculum on University of Edinburgh MSc in Accounting & Finance aligns with qualifications from highly recognised professional bodies and in some cases this can lead to fast-track options for graduates who would like to pursue additional qualifications.
University of Edinburgh MSc in Accounting and Finance provides theoretical understanding and key skills to further your career in a range of finance-related professions. We aim to equip you with essential accounting and finance capabilities, including critical analysis, research and advanced numeracy.
- Awards: MSc
- Study modes: Full-time