The ASCPA Educational Foundation awards General, Diversity in Accounting, Financial Need and CPA Exam scholarships each year. Scholarship applications are accepted from January 4, 2021 through March 19, 2021.
- 23 General Scholarships ($2,500 each) to support students in each accredited accounting program throughout Alabama
- 5 Diversity in Accounting Scholarships ($2,500 each) to create a more diverse and reflective professional accounting population
- 2 Financial Need Scholarships ($2,500 each) to provide additional financial support for students who are experiencing financial difficulty
- 5 CPA Exam Fee Scholarships ($500 each) to assist students with any fees associated with taking the CPA exam
Scholarship Criteria
General Scholarship
The successful candidate will:
- be a member of the ASCPA (join here!)
- utilize scholarship dollars at Alabama college or university
- have declared a major in accounting
- have completed Financial/Intermediate Accounting I and II courses before the 2021 fall semester
- have a "B" average in all accounting courses (3.0 on a 4.0 scale)
- have a "B" average overall (3.0 on a 4.0 scale)
- have at least one full year left in school (fourth or fifth year)
- be enrolled with 6 hours per semester/12 hours per year minimum
- be a U.S. citizen or a permanent resident (green card)
- have a strong interest in a career in Alabama public accounting
- plan to pursue CPA licensure, but not presently be a CPA
Deadline for the 2021/22 scholarships is EOB Friday, March 19, 2021.
Diversity in Accounting Scholarship
The ASCPA Scholarship for Diversity in Accounting provides financial awards to outstanding minority students to encourage their pursuit of accounting as a major and their ultimate entry into the profession. A student qualifying for a diversity scholarship is defined as being of Black or African-American, Hispanic or Latino, Native American or Asian ethnic backgrounds.
The successful candidate will:
- be a member of the ASCPA (join here!)
- utilize scholarship dollars at Alabama college or university
- have completed Financial/Intermediate Accounting I and II courses before start of 2021 fall semester
- have a "B" average in all accounting courses (3.0 on a 4.0 scale)
- have a "B" average overall (3.0 on a 4.0 scale)
- have at least one full year left in school (fourth or fifth year)
- have declared a major in accounting
- be enrolled with 6 hours per semester/12 hours per year minimum
- be a U.S. citizen or a permanent resident (green card)
- have a strong interest in a career in Alabama public accounting
- plan to pursue CPA licensure, but are not presently a CPA
Deadline for the 2021/22 scholarships is EOB Friday, March 19, 2021.
Financial Need
The ASCPA Financial Need Scholarship provides financial support to students who are experiencing financial difficulty while pursuing an accounting major.
The successful candidate will:
- be a member of the ASCPA (join here!)
- utilize scholarship dollars at Alabama college or university
- have completed Financial/Intermediate Accounting I and II courses before the start of 2021 fall semester
- have a "B" average in all accounting courses (3.0 on a 4.0 scale)
- have a "B" average overall (3.0 on a 4.0 scale)
- have at least one full year left in school (fourth or fifth year)
- have declared a major in accounting
- be enrolled with 6 hours per semester/12 hours per year minimum
- be a U.S. citizen or a permanent resident (green card)
- have a strong interest in a career in Alabama public accounting
- plan to pursue CPA licensure, but are not presently a CPA
Deadline for the 2021/22 scholarships is EOB Friday, March 19, 2021.
CPA Exam Fees
The successful candidate will:
- be a member of the ASCPA (join here!)
- be a U.S. citizen or a permanent resident (green card)
- not have completed all four parts of the exam, but may have completed zero to three parts
- not have any scholarship, grant, or other funding sources that would cover exam fees, and are not receiving reimbursement from an employer. Those who have received funding in the past, but no longer have current funding, may still be eligible
Applicants who have not yet requested a NTS, but plan to take the CPA exam prior to December 31, 2021 should upload their CPA Exam plan to the transcript section of this application.
Scholarship funds will be disbursed once we have received proof of payment.
Deadline for the 2021/22 scholarships is EOB Friday, March 19, 2021.