Deloitte Tax launches scholarship program for HBCU students

Deloitte Tax has launched a multi-year initiative to encourage students at Historically Black Colleges and Universities (HBCUs) to pursue a master's degree in accounting.

The Deloitte Tax Scholars program will grant scholarships worth up to $20,000 each for up to 10 eligible students attending HBCUs, with the scholarships covering the tuition costs for an accredited Master of Accounting program. Participants in the program must successfully complete internships, accept full-time employment at Deloitte and receive mentoring from Deloitte professionals as they join the Big Four firm.

"Recruiting, attracting and employing qualified individuals from all backgrounds is not only the right thing to do, it's also the smart thing to do," said Steve Kimble, chairman and chief executive officer at Deloitte Tax, in a statement. "Deloitte's own research shows that diverse teams often are the highest performing teams within organizations and the Deloitte Tax Scholars program will help us continue to offer our clients the strategic guidance and new perspectives they've come to expect."

"Across the organization, Deloitte is focused on hiring and developing our future workforce and ensuring our inclusive culture is reflected in the everyday behaviors demonstrated and experienced by our teams," said Pam Downs, chief inclusion officer at Deloitte Tax, in a statement. "We are eager to continue these efforts through the Deloitte Tax Scholars program, and I look forward to working closely with the scholarship recipients as they join Deloitte and the broader accounting profession."

The Deloitte Tax Scholars program is currently accepting applications from qualified junior and senior accounting students attending HBCUs. The first Deloitte Tax Scholars will be announced by early March, but the application window for those scholarships has already closed. For more information, head to Deloitte's site here.

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