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Eligibility
To qualify for this scholarship, you must:
- Demonstrate commitment to pursuing a career as a CPA.
- Be a Maryland resident attending a Maryland college or university.
- Complete at least 60 total credit hours by the time of the award of which at least 6 hours of credit are in accounting courses (including Accounting Principles I and II) at the time of the award AND enroll in or successfully complete Intermediate Accounting.
- Be taking enough undergraduate level courses or graduate level courses during the semester in which the application is submitted to qualify as a full-time student at your school, and continue at this level with appropriate courses for the 150-hour requirement and eligibility for sitting for the CPA exam in Maryland.
- Have a cumulative GPA of 3.0 or better on a 4.0 scale and maintain at least a 3.0 GPA through completion of 150 credit hours.
- Demonstrate financial need.
Application Procedure
To apply for an MACPA Educational Foundation scholarship, please submit by April 15:
- A complete copy of the four-page Student Aid Report (SAR) which is generated upon completion of the Free Application for Federal Student Aid (FASFA). The FASFA is available in school financial aid offices. The SAR must be for the upcoming academic year.
- An official, sealed transcript from the previous semester which shows cumulative GPA, total credit hours completed and hours completed during the previous semester.
- A completed application and signed "Applicant's Statement." Click here to access both the application and the statement.
Selection Criteria/Award Amount
- Award amounts are based on student need and begin at $1,000 per year. Awards are made for one year and may be renewed. Renewals are given first priority.
- Recipients will be notified of their award around June 15 and must be accepted in writing or by phone. Phone confirmations must be followed up with a written confirmation within 10 days.
- Awards are disbursed semiannually following confirmation of continuing eligibility and submittal of proof of enrollment in or successful completion of Intermediate Accounting.
- MACPA's Scholarship Selection Committee, in its sole discretion, may alter, deviate from or amend the guidelines listed above in the best interest of the scholarship program.
For more information, you may contact Richard Rabicoff at (800) 782-2036.
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Other Scholarship Sources
American Accounting Association (AAA)
5717 Bessie Drive
Sarasota, FL 34233
941- 921-7747
Fax: 941 -923-4093
- Fellowship Program in Accounting for doctoral studies for teaching in colleges and universities
- Arthur H. Carter Scholarship. Undergraduate accounting scholarship.
American Institute of Certified Public Accountants (AICPA)
1211 Avenue of the Americas, New York, NY 10036 8775
212-596-6223 (minority scholarships, fellowships)
212-596-6221 (doctoral fellowships, Carey scholarships)
Fax: 212- 596-6292
- Scholarships for Minority Accounting Students
- Fellowships for Minority Doctoral Students
- John L. Carey Scholarships
American Society of Women Accountants (ASWA)
60 Revere Dr., Suite 500
Northbrook, IL 60062
800-326-2163
Fax: 847-480-9282
- Educational Foundation for Women in Accounting: Graduate and undergraduate scholarships
American Woman's Society of CPAs (AWSCPA)
401 N. Michigan Avenue
Chicago, Illinois 60611
800-AWSCPA-1
Fax: 312-527-6783
- Various undergraduate and graduate scholarships available through local affiliates
Arthur Andersen & Co, SC Foundation
69 West Washington Street
Chicago, IL 60602
312-507-5717
Fax: 312-507-2548
- Minority Scholarships
- Junior Achievement Scholarships
- Doctoral Fellowships
Association of Certified Fraud Examiners
The Gregor Building
716 West Avenue
Austin, Texas USA 78701
512 478-9070
Fax: 512 478-9297
- Various scholarship opportunities
Deloitte & Touche Foundation
Ten Westport Road
P.O. Box 820
Wilton, CT 06897-0820
203-761-3000
Fax: 203-834-2200
- Scholarships for doctoral studies
The Educational Foundation for Women in Accounting
Administrative
P.O. Box 1925
Southeastern, PA 19399-1925
610 407-9229
Fax: 610-644-3713
- Laurels Fund: One-year academic scholarship for women who are pursuing advanced degrees in accounting.
- Women in Transition Scholarship
- Additional undergraduate scholarship awards
National Association of Black Accountants (NABA)
7249 A Hanover Parkway
Greenbelt, MD 20770
301-474-NABA
Fax: 301-474-3114
- Graduate and undergraduate minority scholarships
National Society of Accountants (NSA)
1010 N. Fairfax Street
Alexandria, VA 22314 1574
Tel: (703) 549 6400; 800 966 6679
Fax: (703) 549 2984
- Undergraduate scholarships
Please contact each organization for specific scholarship information. If you know of a scholarship and would like to share it with others, please contact Public Relations Manager at the MACPA at 1-800-782-2036.
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