The Illinois CPA Society announced on Thursday that they are now accepting scholarship applications for the 2016-17 academic year. Approximately 30 individual tuition and textbook scholarships will be available to college students who have demonstrated "hard work, academic success, and financial need," per the Society's announcement.

The Society encourages students who are currently enrolled in an Illinois college and have plans to pursue the CPA title to apply.

In its previous four years, the Accounting Scholarship Program has awarded over $215,000 to 110 students. The scholarships have gone on to benefit a diverse selection of students who represent colleges and universities of various sizes across the state.

Available scholarships include:

  • Accounting Tuition Scholarship: Multiple scholarships of up to $4,000 each are available to students enrolled as a senior or graduate student. 
  • Accounting Textbook Scholarship: Multiple scholarships of up to $500 each are available to students enrolled as a junior, senior, or graduate student.
  • Herman J. Neal Accounting Scholarship: Multiple scholarships of up to $4,000 each are available to African-American students enrolled as a junior, senior, or graduate student.
  • Women’s Executive Committee Advancing Women in Accounting Scholarship: Multiple scholarships of up to $4,000 each are available to high-achieving female students enrolled as a senior or graduate student.

“This scholarship eased my worries about how I was going to pay for all of my debt that built up during graduate school. Also, it allowed me to save money for my CPA exam study materials and application fees,” said Elizabeth Schwindenhammer, a 2015 Scholarship Recipient, per a statement.
The Illinois CPA Society Accounting Scholarship Program is funded by donations to the CPA Endowment Fund of Illinois.

The deadline for applications is April 1, 2016. For more information or to apply, visit the Illinois CPA Society’s site here.