NJCPA announces 2019 CPA Exam Fee Lottery winners

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The New Jersey Society of CPAs has awarded 10 CPA hopefuls $750 each as part of its inaugural CPA Exam Fee Lottery.

Funds are awarded to local students or CPA candidates of the NJCPA to help cover the costs of the exam. Recipients were randomly selected from a pool of more than 120 entries. National consultancy Whitman Business Advisors sponsored the lottery.

To be eligible, winners must sign up for the first part of the four-part CPA Exam between Dec. 1, 2019, and Nov. 30, 2020. They must also be currently enrolled in a New Jersey college or university (or graduated within the past five years) and not have received any compensation from their employer to take the exam.

“It’s a great honor to help these 10 students,” stated Phil Whitman, CEO and president of Whitman Business Advisors. “When my son, Charles, was signing up for the CPA Exam, I had lost sight over the years of how costly it had become. Most young professionals need a coaching course, which could be another $2,500 to $3,500. It’s a pretty hefty sum.”

“This is a tremendous opportunity to assist our aspiring CPAs on their path to a great career,” said Ralph Albert Thomas, CEO and executive director at the NJCPA, in a statement. “We are pleased with the participation this year and hope to have even more interest next year.”

The 2019 CPA Exam Fee Lottery winners, in alphabetical order, are:

  • Nick Buzzeo — Student at Georgian Court University
  • Nochum Fleischmann — Student at Fairleigh Dickinson University-Lakewood
  • Roxana Gamarra — Student at Rutgers Business School-Newark
  • Elizabeth Marshall — Student at William Paterson University of New Jersey
  • Ermilie Moise — Student at Rider University
  • Shlomo Obstfeld — Intern at Hirsch Oelbaum Bram Hanover & Lisker
  • Paulina Paredes — Accounting manager at Isolatek International
  • Moshe Rosenberg — Student at Fairleigh Dickinson University-Lakewood
  • Aryeh Schecter — Student at Fairleigh Dickinson University-Lakewood
  • Jason Vazquez — Student at Montclair State University

For more information on next year’s lottery, head to the NJCPA's site here.

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