Studying finance and accounting will give young professionals amazing opportunities for solid growth in the years to come. The problem with these degrees is that they can be quite expensive to obtain.
Anyone that would like to study accounting without breaking the bank can benefit from a range of scholarship and financial assistance opportunities. These, however, aren’t created equal.
To help you get started with the process, we’ve compiled a list of the best accounting scholarships. The following information can simplify the process of sorting through the possibilities, applying for financial assistance and making sure that you’ve addressed all of the requirements.
American Institute of CPAs Scholarship
AICPA has annual student scholarship awards that provide financial assistance for outstanding academic performance. The individuals that become award recipients will get 10,000 dollars that can be used over the course of one academic year. This is a non-renewable, one time award.
A committee chooses the four recipients of the scholarship on the basis of academic performance, achievements, leadership and the future career interests of the applicants. Obviously, this is a difficult process and many students apply for the scholarship on an annual basis. The sum, however, is significant enough to make an attempt.
Scholarships by the Educational Foundation for Women in Accounting
EFWA scholarships are also considered some of the best financial assistance options in the field of accounting. These financial assistance tools are available for women that choose education in the fields of finance and accounting.
The foundation has scholarships for both undergraduate and graduate studies. A single scholarship option is also available for the women that would like to pursue post-graduate studies in accounting.
The size of the undergraduate scholarships varies from 1,000 dollars per year to 16,000 dollars that can be used over the four-year period of undergraduate studies.
Wiley CPAexcel Scholarship
This is an incredibly lucrative opportunity for accounting students. Wiley CPAexcel scholarship. This financial assistance option is available on a national basis throughout the
Currently open for registration, the program provides one grand award of 2,500 dollars in cash and 1,800 dollars in the form of the Wiley Gold CPAexcel review course. In addition, five other individuals will get the Wiley Gold CPAexcel review course.
Both full-time and part-time accounting students are eligible. It’s also available for international students.
National Society of Accountants Scholarships
In 2014 alone, the National Society of Accountants (NSA) handed out scholarships totalling 34.450 dollars. Individuals that apply for NSA funding can get financial resources in the range from 500 to 2,200 dollars.
The awards are solely available for undergraduate students and they are non-renewable. As long as students are eligible, however, they can continue applying during every calendar year.
NSA scholarships have some rather strict qualification requirements. The scholarships are only available to US and Canadian residents. The students need to be enrolled full-time or part-time in a certified accounting program. The GPA of applying students should be at least 3.0. The recipients of the award are based on academic records, achievements, community involvement, awards received, work experience and a statement of goals and aspirations.
Government Finance Officers Association Scholarship
The Government Finance Officers Association (GFOA) scholarship has been provided on an annual basis since 1985.
This financial assistance option is available for graduate studies in the field of accounting and it is awarded for outstanding academic performance. Individuals applying for this scholarship should have interest in pursuing a career in the field of state or local government finance.
A single scholarship is awarded and the winning student will receive 12,000 dollars. The size of this scholarship obviously turns it in one of the most lucrative options for graduate students, thus the competition is fierce. Outstanding academic performance, leadership and career aspirations all play an important role in the recipient selection process.
National Association of Black Accountants Scholarship
NABA has a national scholarship program and since its creation, the association has awarded more than 11 million dollars in scholarship funds.
On the average, NABA awards 50 scholarships on an annual basis. They range in value from 1,000 to 3,000 dollars.
In order to apply for this scholarship, you need to be an African-American college student that is enrolled in a full-time undergraduate accounting/finance program. There are minimum GPA and academic performance requirements, as well.