Recognizing 92 graduate and undergraduate students nationwide, the AICPA has granted $277,500 as part of the AICPA Scholarship for Minority Accounting Students for the 2014-15 academic year.
Selected out of 358 applications, the students were chosen based on their academic performance (maintaining a minimum 3.0 GPA), leadership skills, and plans of attaining a CPA licensure.
“The Scholarship for Minority Accounting Students has not only helped me financially, but it has also done a great deal to encourage me academically,” said Issouf Kafando, an accounting major at CUNY - Baruch College and 2013-14/2014-15 Scholarship recipient, in a statement. "The AICPA Legacy Scholars program has strengthened my commitment to succeed in school, to become a CPA and an entrepreneur, and to ultimately provide services to communities in the USA and in Africa. I am very grateful to the AICPA for its continuous guidance and support of my academic endeavors.”
Funding is provided by the AICPA Foundation, with contributions from the Accounting Education Foundation of the Texas Society of CPAs ($10,000), the New Jersey Society of CPAs ($5,000) and Robert Half International ($5,500).
Scholarship recipients also enter the AICPA Legacy Scholars program, which helps students develop the soft skills needed to maintain a successful career through an eight-hour, accounting-based community service project each semester.