The American Institute of CPAs announced the ten recipients of the AICPA John L. Carey Scholarship, awarded to students with liberal arts or other nontraditional business backgrounds to pursue accounting degrees and CPA licensure.

The 2012-13 recipients of $5,000, to cover tuition and other educational expenses, were selected by a task force that considered submitted applications, academic transcripts, recommendation letters and personal essays of applicable full-time graduate-level students for the upcoming school year.

The scholarships are funded by the endowment of the AICPA Foundation in honor of John L. Carey, who retired from the AICPA in 1969 after a 40-year career serving as the institute’s administrative vice president, executive director and editor and publisher of the Journal of Accountancy.

This year’s  John L. Carey Scholarship recipients are:

•    Philip Casey, University of Illinois at Urbana Champaign
•    Oliver Chase, University of Vermont
•    Sean Escoffery, University of Texas at Austin
•    Hannah Franklin, University of Texas at Austin
•    Rebecca Hu, University of Southern California
•    Jennifer Millhouse, University of Texas at Austin
•    Kelsey Short, University of North Carolina at Chapel Hill
•    Rebecca Stone, Vanderbilt University
•    Jacob Summerhays, College of William and Mary
•    Lauren Van Dyke, University of Illinois at Urbana Champaign

“Education is a journey, not a destination,” said AICPA Foundation president George Krull in a statement. “These deserving students will take lessons from their undergraduate backgrounds and apply them to their graduate accounting studies in a way that will provide a unique perspective which will serve them throughout their professional careers.”

The scholarship program’s application deadline for 2013-14 is April 1, 2013. For more information about this and other AICPA scholarships, visit