Bethel University’s accounting students will have an opportunity to apply for a new scholarship, thanks to the Minnesota Society of Certified Public Accountants (MNCPA).

The goal of the new scholarship is to provide one scholarship of at least $1,000 each year. As the fund grows, the dollar amount of the awards will grow accordingly. Scholarship recipients must be junior or senior accounting majors, have a GPA of 3.25 or higher, have documented financial need, and plan to sit for the CPA exam.

“Bethel has a strong accounting program with a history of preparing students well to pass the notoriously difficult CPA exam,” stated Betsy Adrian, president of the Minnesota Society of CPAs. “We hope the MNCPA scholarship will encourage students to select the public accounting profession as their goal.”

“This scholarship is significant for Bethel because the MNCPA has recognized the worthiness of Bethel’s accounting program, the quality of our students, and the stature of our business and economics professors,” said Dan Wiersum, Bethel’s associate vice president for planned giving, in a statement.

Bruce Olsen, associate professor of business, worked with the MNCPA on the scholarship opportunity, stating, “We’re thrilled to receive this endowed scholarship from the Minnesota Society of CPAs. We’re also grateful for all of our accounting alumni who have passed the CPA exam, allowing our program to be recognized by the society as a recipient for this scholarship. It’s through their efforts that our program has a first-rate reputation in the business community and that our graduates receive outstanding job opportunities.”

The MNCPA was founded in 1904 by accountants looking to elevate the profession and support the passage of a Certified Public Accountant Law in Minnesota in 1909.

For more information on the MNCPA, head to its site here.