AICPA awards $461K in minority student scholarships

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The American Institute of CPAs announced on Tuesday that 92 students have been awarded the 2018-19 Scholarship for Minority Accounting Students, receiving $461,000 in all.

Scholarship recipients must have a minimum GPA of 3.0 and at least 30 college credit hours, with at least six credit hours in accounting courses. Winning students were chosen by a panel of AICPA Student Recruitment Committee members and CPA volunteers.

Scholarships are worth $3,000 to $5,000 each, with funding provided by the AICPA Foundation. In four decades, the Scholarship for Minority Accounting Students has awarded more than $14.6 million to some 8,000 students.

“These scholarships serve a dual purpose," stated Joanne Fiore, Association of International Certified Professional Accountants vice president of professional media, academic and student engagement. "By providing talented students with funding for their education, the AICPA is strengthening the pipeline of talent entering the profession, as well as helping to increase diversity in accounting.”

Applications for the Scholarship for Minority Accounting Students are judged based on academic achievement, demonstrated leadership and the pursuit of the CPA license. The scholarship is open to ethnic minorities including, but not limited to, students of Black or African American; Hispanic or Latino; Native American; Pacific Islander; or Asian-American backgrounds. Students must be pursuing undergraduate- or graduate-level accounting degrees or a similar field. Scholarship recipients are automatically enrolled in the AICPA Legacy Scholars program, which provides educational resources to help young professionals succeed.

Applications for the 2019-20 Scholarship for Minority Accounting Students will be available on Dec. 1, 2018. For more information on the award, head to ThisWaytoCPA's site here.

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Diversity and equality Accounting students Accounting education AICPA