Please ensure Javascript is enabled for purposes of website accessibility
February 8, 2023

Attention Accounting Students, the AICPA Is Giving Away Money Because COVID-19 Was Such a PITA

At this point, all of us have been affected by the Rona in one way or another (or many as the case may be), and I don’t need to waste precious word count rambling on about it. For some, the hit has been mostly a financial one, as we’ve seen week after week in the form of altered internships, pay cuts, layoffs, and adjusted bonuses. Well somewhere in all the doom, gloom, and excessive handwashing there’s a spot of good news, for accounting students that is.

The AICPA announced this week a new AICPA Foundation scholarship to benefit accounting students who “experienced extenuating circumstances such as job loss, internship loss, etc. due to COVID-19.” The AICPA COVID-19 Student Hardship Grant will provide up to $2,000 for 25 qualified students who complete an application before Aug. 31, 2020.

The full list of requirements and necessary documents, along with the application, can be found at This Way to CPA but the gist of it is:

  • Current accounting student who is not currently a CPA but plans to pursue licensure.
  • Not a current AICPA Legacy Scholar or AICPA Foundation CPA Exam Scholarship recipient.
  • Have personally experienced hardship due to COVID-19 and need some help with school expenses.

There are a few more, including a minimum GPA requirement of at least 3.0, so head over to This Way to CPA to see the full list. As with other AICPA Foundation scholarships, you’ll also have to submit a personal statement, transcripts, and in this case supporting documents if your hardship came in the form of employment or internship termination.

Applications are being accepted until the end of the August so get working on that 1,000-word essay on why Rona is the worst and how you can use $2,000 to continue your educational goals while the world is crumbling down before us.

Latest Accounting Jobs--Apply Now:

Have something to add to this story? Give us a shout by email, Twitter, or text/call the tipline at 202-505-8885. As always, all tips are anonymous.

Related articles

Believe It Or Not, KPMG Is Helping to Fix the Accountant Shortage Through Its Terrible Audit Work

A little data point for you to feast on as we go forth into the new year: the PCAOB levied record fines of $11 million in 2022, more than $8 million against KPMG alone. 2022 was also the year the PCAOB handed out the largest civil money penalty against an individual in PCAOB history ($150,000). […]

some guy in a suit yelling at the sky for no reason

Young Accountant Narrowly Misses the Tragedy of Working For Grant Thornton

Someone on r/accounting posted this over the weekend and I thought it worth sharing because it reminds everyone of two very important facts when it comes to recruiting: 1) never bank on a verbal offer and 2) don’t work for Grant Thornton. Oops wait, I meant 2) if firms recruiting on campus engage in any […]