Accounting Grants and Scholarships Help Pay for College
While there are many general college grants for qualified students in US academic institutions, there are not many college grants specific to students who are studying for an accounting degree. However, there are many scholarship opportunities for accounting students. For general information about college grants, it is a good idea to check the information regarding the Pell Grant and undergraduate college grants. In addition, grants are available to minorities. Women, too, may have more opportunities at finding a grant in the accounting field, as academic institutions and donors strive for greater diversity in the field of accounting.
Sources of Accounting Scholarships
- American Institute of Certified Public Accountants is a great source of college funding for accounting students. The AICPA offers several scholarships in the range of $2,500 to $5,000. In addition, they award up to $12,000 to several full-time undergraduate and graduate minority accounting students.
- The National Society of Accountants is another good source, as several dozen scholarships are awarded annually. The Government Finance Officers Association also has accounting scholarships in the range of $2,000 to $10,000.
- The Association of Certified Fraud Examiners awards $1,000 scholarships to 15 accounting students each year.
State Societies of CPAs Help Students Pay for an Accounting Degree
In addition to the above national organizations, it is also worth checking into grants and scholarships on a state level. Most states have a society of CPAs. For example, in California it is called the California Society of CPAs (CALCPA). Its webpage is a great source for scholarship information for accounting students.
The Texas Society of CPAs (TSCPA) has an annual undergraduate scholarship award of $1,500 for example. It is awarded for the senior year of undergraduate studies to an accounting student with an outstanding academic record. There are other scholarships relating specifically to particular cities or colleges throughout the state.
In Massachusetts there is a student essay competition for accounting students studying at in-state academic educations. The awards are in the range of $500 to $1500 and are administered by the Massachusetts Society of Certified Public Accountants (MSCPA). Another example of help to accounting students is awarded by the North Carolina Association of Certified Public Accountants, which awards scholarships in the range of $1,000 to $5,000.
Summary of How to Pay for an Accounting Degree
For accounting students seeking help paying for college, sources such as one’s state CPA society, universities, federal and state college grants and scholarships for accounting students from accounting societies on the national level can help make it affordable to earn an accounting degree.
