Accounting
AICPA Awards $764,500 in Academic Scholarships to Future Accountants
The program helps students pay for college, easing their journey to becoming CPAs. Funded by the AICPA, the AICPA Foundation, and partners, the Legacy Scholars program consists of six distinct scholarships awarding between $3,000 and $10,000 per student.
Aug. 11, 2020
The American Institute of CPAs has granted $764,500 in academic scholarships to 150 students as part of the AICPA Legacy Scholars program.
The program helps students pay for college, easing their journey to becoming CPAs. Funded by the AICPA, the AICPA Foundation, and partners, the Legacy Scholars program consists of six distinct scholarships awarding between $3,000 and $10,000 per student. The scholarships provide support to a variety of students, ranging from those with liberal arts degrees pursuing graduate degrees in accounting, to minority and female scholars to those transferring from two-year to four-year institutions.
“The Legacy Scholars program identifies some of the most talented accounting students from a wide range of backgrounds and offers them the financial assistance, resources and guidance to help them begin their career,” said Joanne Fiore, Association of International Certified Professional Accountants’ vice president of professional media, academic & student engagement. “The AICPA is committed to fostering the next generation of CPAs and assuring they have the technology skills needed to advance the profession. We look forward to seeing the achievements these scholars bring to the profession in the coming years.”
The Scholarships that comprise AICPA’s Legacy Scholars Program are:
- AICPA/Robert Half Student Scholarship Award – provides $10,000 to up to four undergraduate and graduate students who intend to earn their CPA.
- AICPA Scholarship Award for Minority Accounting Students – provides $3,000 to $5,000 to approximately 90 outstanding minority students to encourage their study of accounting.
- AICPA Foundation Two-year Transfer Scholarship Award – provides $5,000 to approximately 20 students transferring from a two-year school to a four-year program to complete their accounting degree.
- AICPA John L. Carey Scholarship Award – provides $5,000 to up to five non-accounting or business degree holders pursuing a graduate degree in accounting.
- AWSCPA Scholarship Award – provides $5,000 to up to four outstanding women pursuing a degree in accounting.
A new addition to the AICPA Legacy Scholarships for 2020-2021 is the AICPA Foundation Scholarship for Future CPAs. This scholarship provides $5,000 to up to 25 outstanding students to encourage them to major in accounting and pursue the CPA license after graduation.
The complete list of 2020-21 recipients can be found at www.ThisWaytoCPA.com/alsrecipients/. The website also features other available scholarships, details on the CPA exam, and information about how technology plays a central role in the profession.
The AICPA anticipates offering scholarships for the 2021-2022 school year. Students interested in becoming one of the AICPA’s Legacy Scholars should review the eligibility criteria and submit their applications through www.thiswaytocpa.com/scholarships starting on December 1, 2020.