American Institute of Certified Public Accountants (AICPA) Scholarships for Minority Accounting Students

Website: AICPA

Description

The AICPA Scholarship Award for Minority Accounting Students is part of the AICPA Legacy Scholars program. 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.

Eligibility

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.
  • Attending a public or private, not-for-profit (501(c)) four-year college or university in the U.S. or territories for the full 2021-22 academic year.
  • 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 2021.
  • 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) or a full-time graduate level student (9 semester hours or equivalent) for the 2021-22 academic year (Note: an exception may be granted if you plan to participate in an internship).
  • An AICPA Student Affiliate member (or have submitted a new member application). Apply online at no cost: https://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 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 2021-22 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.
Student Type
  • freshman
  • sophomore
  • junior
  • senior
  • graduate
Citizen Type
  • US Citizen
  • Permanent Resident
Procedure

Apply for any of the AICPA Legacy Scholarships at https://www.thiswaytocpa.com/education/aicpa-legacy-scholarships/.

Application closes on March 15, 2023.

History

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

Contact Information

Questions/Contact Info

Email scholarships@aicpa.org for questions regarding the AICPA Minority Scholarship program.

Please add scholarships@aicpa.org to your email contacts to avoid communications from being misdirected to your spam or bulk mail folder.