Scholarships for Students Majoring in Accounting
- National Society of Accountants
- Paul S. Mills Scholarship
- Frank L. Greathouse Government Scholarship
- AICPA John L. Carey Scholarship
- Michele L. McDonald Memorial Scholarship
Aspiring accountants often are in search of accounting scholarships. With tuition rates steadily increasing, scholarships for accounting majors can provide much-needed assistance to qualified and deserving students.
Ranking: Top 10 Online Bachelor’s Degree in Accounting Programs
1. National Society of Accountants
The National Society of Accountants is a nonprofit corporation that began in 1945 to promote the welfare of public accountants. Their scholarship foundation provides accounting scholarships that range from $500 to $2,200. The awards are non-renewable, but students can reapply every year. Funds can be used towards tuition, fees, books, required equipment, and supplies. Applicants must be United States or Canadian citizens, be an accounting major, have a minimum grade point average of a 3.0, and be enrolled either part-time or full-time at a two-year or four-year college or university in the United States.
2. Paul S. Mills Scholarship
The Foundation for Financial Service Professionals was created in 1982 as a charitable organization to have an impact on the lives of professionals with a financial education. Their Paul S. Mills Scholarship grants $1,000 scholarships to six to ten students annually who are United States citizens that are enrolled as full-time or part-time students at a college or university in the United States, have a major in a financial service field, and have a financial need as shown by the Free Application for Federal Student Aid (FAFSA) or the Student Aid Report (SAR).
3. Frank L. Greathouse Government Scholarship
The Government Finance Officers Association (GFOA), founded in 1906, represents public finance officials in the United States and Canada. Their Frank L. Greathouse Government Scholarship awards two students with $10,000 scholarships. To be eligible to apply, students must be citizens or permanent residents of the United States or Canada, be pursuing a career in finance with the local or state government, be an accounting major, and be a full-time student with an upper-level undergraduate or a graduate student status. A student cannot be a past winner of any GFOA scholarships.
4. AICPA John L. Carey Scholarship
The American Institute of Certified Public Accounts (CPAs) was established in 1887. It is known for having the greatest number of members of any accounting professional association. The intent of their John L. Carey Scholarship is to garner interest in professional accounting careers. Up to five recipients receive $5,000 on a non-renewable basis. Applicants must be students who have bachelor degrees in liberal arts or non-business fields, be a graduate student with a major in accounting, plan to obtain CPA licensure, and be a United States citizen or a permanent resident.
5. Michele L. McDonald Memorial Scholarship
The Educational Foundation for Women in Accounting started in 1966 with the goal of supporting the advancement of women as accountants which is accomplished by providing funding for education, career literature, publications, research, and other various projects. Their Michele L. McDonald Memorial Scholarship provides a $1,000 scholarship for those pursuing a degree in accounting. Preference is given to women who are in college after raising children or are coming from the workforce. Applicants must be a female United States citizen, be pursuing a degree in accounting, and have a financial need.
The United States Bureau of Labor Statics estimates a 10 percent growth in accountant and auditor employment from 2016 to 2026. Accounting scholarships can greatly assist individuals in their pursuit of becoming accountants and help to fill this significant projected employment need.
