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Accounting Scholarships

Do you like working with both people and numbers? If so, accounting might be the career path for you. This popular major stresses communication and critical thinking skills while also teaching the art and science of number crunching. Also popular are accounting scholarships. Continue reading to find out more.

Accounting degree programs come in a variety of shapes and sizes. Some programs stress applied knowledge while others favor theory-based instruction. Some programs are stand-alone 4-year bachelor's programs while others are 5-year combined bachelor and master's. Some programs feature an internship as a degree requirement while others do not. Be aware of your educational and vocational goals and make sure they match the educational outcomes of the program in question.

Typical courses you'll enroll in as an accounting major include taxation, financial statement analysis, auditing and information systems. Of course, also included will be beginning, intermediate and advanced accounting. If your program requires an internship you'll work as an accounting assistant in an actual business setting while receiving course credit. In addition to the core accounting courses you will also enroll in a number of liberal arts and humanities electives.

The majority of undergraduate accounting degree programs are designed to provide a generalized accounting education. If you want to specialize you'll have to wait to get to the graduate level. However, there are a small number of bachelor's programs with specific emphasis such as auditing or information systems. At the graduate level, the most popular degree program is the Master's of Business Administration in Accounting (MBA). Other graduate degree areas of concentration include cost accounting, forensic accounting and managerial accounting.

The career outlook for accountants is quite strong. Career options will be most robust for those with Certified Public Accountant (CPA) certification. Degree candidate interested in pursuing CPA status will need to complete 150 credit hours of course work. If becoming a CPA is part of your vocational goals, you'll probably want to select a combined bachelor's and master's degree program. The more traditional 4-year programs will not provide you with the academic stats you'll need to pursue certification.

Continue reading below to explore the many accounting scholarship possibilities.

NSA Scholarship Foundation

Who is eligible to apply? Applicants must meet all of the following criteria to be eligible for this scholarship:  Undergraduates enrolled part-time* or full-time in accounting at an accredited two-year or four-year college or university in the United States (*Applicants from Arizona must carry a minimum of 9 credit hours.) o Students in an accredited two-year college may apply following first semester grades or during their second year if transferring to a four-year institution, provided they are committed to a major in accounting throughout the remainder of their college career, or o Students in an accredited four-year college may apply for the scholarship for their second, third, or fourth year of studies, provided they are committed to a major in accounting throughout the remainder of their college career.  Majoring in accounting.  Maintaining a “B” (3.0 on a 4.0 scale) or better grade point average.  A United States or Canadian citizen. (Permanent residents are NOT eligible to apply with the exception of applicants from Arizona. Legal residents from Arizona may apply.)  High School Seniors OR students not yet enrolled in an undergraduate accounting program are NOT eligible to receive NSA Scholarship Foundation Awards. No exceptions will be made.

Alfred Chisholm/BASF Memorial Scholarship Fund

Scholarship Value: $5,000 Classifications: Open Minimum GPA: 2.7 Eligible Majors: Engineering, Accounting, Mathematics, Chemistry, Biology, Computer Science, Law, Electrical Engineering, Chemical Engineering, Environmental Engineering, Mechanical Engineering, Petroleum Engineering, Pulp and Paper Engineering, Systems Engineering, Construction Engineering Eligible Schools: HBCU Schools Eligible Locations: Open Scholarship Detail: This scholarship was created in 1997 in memory of Alfred Chisholm, a leader in his community. With the support of the BASF African-American Employees Group (AAEG), one deserving student will receive $5,000 toward college assistance. Candidates must also have a relative employed with BASF.

Hearld & Marge Ambler Scholarship

Scholarship Type: Current College Student Scholarship Amount: *One renewal only Residency Requirements: Missouri or contiguous state School Requirements: College in Missouri or a contiguous state Eligibility Requirements: 1. Student in third, fourth or fifth year of school 2. Applicant enrolled in no less than 12 credit hours 3. Applicant employed while attending college 4. College GPA of a 3.0 5. Demonstrate financial need by providing FAFSA Student Aid Report (SAR), if not available submit FAFSA-EFC 6. Business majors considered; preference to accounting majors Other Requirements: Renewal eligibility: 3.0 GPA Continued employment preferred *AMOUNT: One scholarship renewal only; no new scholarship.

Kathleen M. Peabody, C.P.A. Memorial Scholarship

This $2,500 scholarship is available to encourage individuals who have demonstrated academic excellence and financial need to pursue a career in public accounting in Massachusetts. Eligible applicants must be legal residents of Massachusetts who are full-time undergraduate accounting majors and who have completed their sophomore year; applicants must also demonstrate superior academic standing, financial need, and an intention to seek a career in a public accounting firm.

The 150 Hour Accounting Scholarship

The 150 Hour Accounting Scholarship is granted to students attending a Wisconsin college or university with an accounting major, which leads to a Masters Degree in business, to satisfy the 150 Hour requirement to take the CPA exam.

The National Society Of Accountants Scholorship Foundation

The National Society of Accountants is a professional association of members who provide auditing, accounting, tax preparation, financial and estate planning and management services to approximately 19 million individuals and business clients. Most members are sole practitioners or partners in small to mid-size accounting firms. Scholarships: The National Society of Accountants Scholarship Foundation was organized in 1969. The NSA Scholarship Foundation Board of Trustees awards an average of 30 scholarships per year in the amount of approximately $1,000 each for accounting students entering their third or fourth year of studies, and approximately $500 each for students entering their second year of studies.

David J. Aronson Scholarship

This $1,000 scholarship is available to encourage individuals with a non-traditional education or personal background to pursue a career in public accounting in Massachusetts. Eligible applicants must be enrolled full-time in a graduate program leading to an M.B.A., M.S.-Tax, M.S.-Accounting, or M.S.-Finance degree; have superior academic standing; and intend to seek a career in a public accounting firm within Massachusetts. Preference will be given to applicants who have spent at least two years in a full-time position prior to graduate school, in order to facilitate a career change.

HSF/Winchell's & Yum Yum Donuts Scholarship

Program Description:The Winchell's & Yum Yum Donuts Scholarship Program is available on a competitive basis to freshman, sophomores, juniors and seniors in a 4-year college or university of Hispanic heritage from California. All students welcome to apply with preference given to business-related majors. Awards are in the amount of $3,000.Eligibility Requirements: * Be of Hispanic heritage. * Be a U.S. citizen or legal permanent resident with a permanent resident card or passport stamped I-551 (not expired) * Have a minimum cumulative grade point average (GPA) of 3.0 on a 4.0 scale. * Be a FULL-TIME student in a degree seeking program at a four year accredited U.S. institution in California. * Must currently reside or attend school in California with a preference given to students from one of the following locations: Greater Los Angeles, San Diego, Northern California. * Preference given to students attending Loyola Marymount University, University of San Diego. * All Majors allowed with preference given to students majoring in Business Administration, Accounting, Advertising, Economics, Finance, Human Resource Management, Hospitality Management, Management, Marketing or Public Relations. * Must apply for federal financial aid by completing the Free Application for Federal Student Aid (FAFSA).

Scholarship for Undergraduate Minority Accounting Students

Criteria: 1. Must be a declared accounting major. 2. Must have a 3.3 GPA. 3. Must be either African-American, Native American/Alaskan Native, Pacific Islander or Hispanic. 4. Must have completed at least 30 semester hours including 6 semester hours in accounting. 5. Must be a full-time undergraduate student. Contact Information: Students interested in applying for this scholarship should view http://www.aicpa.org/members/div/career/mini/smas.htm for more information and an application form.

Public University Senior and Master's Program Scholarships

Three $2,000 scholarships are awarded to each of the three public universities (Arizona State University, University of Arizona and Northern Arizona University) based on the following criteria: Accounting majors who will begin their senior year or master’s program and have a 3.5 minimum GPA Legal U.S. resident Each candidate completes a detailed scholarship application form The students nominated are asked to prepare a statement of career goals and a formal resume Please contact the individual university for applications and to learn more about the process.

The National Society of Accountants Scholarship Foundation

The National Society of Accountants is a professional association of members who provide auditing, accounting, tax preparation, financial and estate planning and management services to approximately 19 million individuals and business clients. Most members are sole practitioners or partners in small to mid-size accounting firms. Scholarships: The National Society of Accountants Scholarship Foundation was organized in 1969. The NSA Scholarship Foundation Board of Trustees awards an average of 30 scholarships per year in the amount of approximately $1,000 each for accounting students entering their third or fourth year of studies, and approximately $500 each for students entering their second year of studies.

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