The American Institute of CPAs (AICPA) has granted $766,000 in academic scholarships to 150 students as part of the AICPA Legacy Scholars program.
The program helps students pay for college, easing their journey to becoming CPAs. Funded by the AICPA, the AICPA Foundation, and partners, the Legacy Scholars program consists of six distinct scholarships awarding between $3,000 and $10,000 per student. The scholarships provide support to a variety of students, ranging from those with liberal arts degrees pursuing graduate degrees in accounting, to minority and female scholars to those transferring from two-year to four-year institutions.
“The AICPA is committed to fostering the next generation of CPAs. The Legacy Scholars program helps assure we’re attracting students from diverse backgrounds to meet the evolving needs of the accounting profession,” said Mike Decker, VP – CPA Examination & Pipeline at AICPA & CIMA. “The Legacy Scholars program identifies talented accounting students and provides them financial assistance, resources and guidance to help them begin their career. We look forward to welcoming this year’s Legacy Scholarship recipients into the profession in the coming years.”
The Scholarships that comprise AICPA’s Legacy Scholars Program are listed in alphabetic order below:
- AICPA Foundation Scholarship for Future CPAs – provides $5,000 to up to 25 outstanding students to encourage their pursuit of accounting as a major and their pursuit of CPA licensure.
- AICPA Foundation Two-year Transfer Scholarship Award – provides $5,000 to approximately 20 students transferring from a two-year school to a four-year program to complete their accounting degree.
- AICPA John L. Carey Scholarship Award – provides $5,000 to up to five non-accounting or business degree holders pursuing a graduate degree in accounting.
- AICPA/Robert Half Student Scholarship Award – provides $10,000 to up to four undergraduate and graduate students who intend to earn their CPA.
- AICPA Scholarship Award for Minority Accounting Students – provides $3,000 to $5,000 to approximately 90 outstanding minority students to encourage their study of accounting.
- AWSCPA Scholarship Award – provides $5,000 to up to four outstanding women pursuing a degree in accounting.
The complete list of 2021-22 recipients can be found at www.ThisWaytoCPA.com/alsrecipients/. The website also features other available scholarships, details on the CPA exam, and information about how technology plays a central role in the profession.
The AICPA anticipates offering scholarships for the 2022-2023 school year. Students interested in becoming one of the AICPA’s Legacy Scholars should review the eligibility criteria and submit their applications through www.thiswaytocpa.com/scholarships starting on December 1, 2021.