AICPA Minority Accounting Scholarship

$10,000Award Amount
10Number of Awards
3/1/2023Submission Deadline

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The AICPA Minority Scholarship given by the AICPA (Association of International Certified Professional Accountants) Foundation was established in 1969 to promote greater ethnic and racial diversity among CPA experts. Every year, a $10,000 prize is given to students who identify as members of a minority ethnic group.

To be eligible, the applicant must be a full-time minority student pursuing a degree in accounting or a field closely linked to accounting at the undergraduate or graduate level. In addition, candidates must be citizens or legal permanent residents of the United States, have and maintain a GPA of at least 3.0, and show financial need.

At the start of the fall and spring semesters, scholarship funds are paid immediately to the student’s financial assistance office. It’s vital to keep in mind that this award is not available to association employees or their families.

Key Information of AICPA Minority Accounting Scholarship

Study Details

Area of Study

Accounting

Country of Study

United States

Specific Schools

Any

Scholarship Details

Intended Level of Study

  • Undergraduate
  • Postgraduate

Award Amount

$10,000

Number of Awards

10

AICPA Minority Accounting Scholarship Timeline

December 2022

Application Opening Date

Applications are open on December 1.

March 2023

Submission Deadline

The submission deadline is on March 1.

August 2023

Awards Announcement Date

Winners are announced in August.

Scholarship Eligibility

To be eligible to apply, applicants must meet the following criteria.

  • Eligible Grade: Undergraduate – Postgraduate
  • Maximum Age: Any
  • Required GPA: 3
  • Geographic Eligibility: United States
  • Gender: Any
  • Race/Ethnicity: Alaskan Native, Black, Hispanic

Application Requirements

Here’s what you need to submits besides your application.

  • Grade transcript

How to ace the AICPA Minority Accounting Scholarship

1

Join the AICPA

In order to participate in the scholarship contest, applicants must have a Student Affiliate Member status. The process is completely free and is done online. Don't forget to do it in time to be eligible.

2

Prove your student status

This program is specifically designed for those who do not currently hold CPA licensure but wish to become so.

3

Check the academic load requirements

If you are not a full-time student but you are actively working to fulfill the CPA license work experience requirement, you can apply. Both a letter of employment and a letter of recommendation from an accounting professor are required.

4

Keep in mind the dates

Check the online application's submission deadlines. As a result, you will have more time to obtain all the required documents.

How the AICPA Minority Accounting Scholarship is Judged

For the purposes of judging and choosing the winner, adherence to the standards and proof of financial necessity will be taken into consideration.

Why We Love the AICPA Minority Accounting Scholarship

1

The award is renewable

Renewals are neither assured nor automatic, though. Students must submit a new application if they want to renew their scholarship.

2

Becoming an AICPA Student Affiliate Member

You may access tools and information that will allow you to make the most of your college years if you join the AICPA as a Student Affiliate Member. The AICPA will also support your path after you become a CPA with technical tools, training, networking opportunities, and professional advice.

3

The focus on minorities

The scholarship is specially offered to those who identify as Black or African American, Hispanic or Latino, Native American, Pacific Islander, or Asian American. The minority communities include but are not restricted to the aforementioned.

5 Facts about the AICPA Minority Accounting Scholarship

01.

Decades of support for education

This program has given more than $14.6 million in scholarships to about 8,000 accounting students for more than four decades.

02.

Scholarship allies

The Accounting Education Foundation of Texas Society of CPAs, New Jersey Society of CPAs, Virgin Islands Society of CPAs, Robert Half International, and South Carolina Association of CPAs have all donated to make the program possible.

03.

Special discounts

Membership offers special savings and discounts of up to 80% on AICPA certificate programs that include cutting-edge subjects like data analytics, cyber security, blockchain, and more.

04.

Apply for more than one scholarship

Students who wish to be considered for several AICPA Legacy Scholarships just need to submit one application.

05.

About AICPA

AICPA establishes professional ethics standards and U.S. auditing requirements for for-profit businesses, nonprofit institutions, and federal, state, and municipal governments.

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