Please ensure Javascript is enabled for purposes of website accessibility

AICPA Making it Rain (on College Students)

Since 2011, the AICPA's Legacy Scholars program has put much-needed scholarship cash into the hands of worthy students. The program also "uses service work to help them develop the soft skills, including leadership and communications, needed to maintain a successful career," which is something every accounting student could use scholarship aside.

Let's take a look:

The American Institute of CPAs is pleased to announce that the AICPA Legacy Scholarship application is now available on for the 2015-2016 academic year. The new application process is more streamlined and convenient, allowing students to fill out a single application for all four AICPA Legacy Scholarship awards.

The AICPA Legacy Scholars Program will provide more than 100 scholarships for the 2015-2016 academic year, totaling more than $380,000, to deserving undergraduate and graduate accounting students from across the nation.

“The AICPA has a long history of investing in the future of the profession by awarding scholarships to highly qualified accounting students,” said Joanne Fiore, AICPA vice president, professional media, pathways and inclusion. “Our AICPA Legacy Scholars program helps students defray the cost of their education, while helping instill a commitment to public service that the accounting profession is known for.”

There are four distinct scholarships:

AICPA/Accountemps Student Scholarship
$10,000 per scholarship, 4 awarded

AICPA Foundation Two-Year Transfer Scholarship
$3,000 per scholarship, 15 awarded, open only to those with an associate’s degree in business, accounting, finance or economics with a declared intent to major in accounting at a four-year college or university

AICPA John L. Carey Scholarship
$5,000 per scholarship, 5 awarded, open to liberal arts and non-business degree holders who are pursuing both graduate studies in accounting and the CPA licensure

AICPA Scholarship for Minority Accounting Students
$1,000 – $5,000 per scholarship, 80 awarded, open to students that are "an underrepresented minority in the accounting profession (including but not limited to: Black or African American; Hispanic or Latino; Native American; Pacific Islander; or Asian American)"

In addition to meeting the requirements above, applicants must be student affiliate members of the AICPA. A full list of requirements for each can be found at the links above. You have until April 15, 2015 to apply.