Accountants deal with things that involve money and financial information that form that basis of business decisions made by managers and investors for their companies. While students of accountancy or accounting know they would have to handle financial transactions, not all of them have financial capabilities to pay for their education. They need money to study how to handle money and if they don’t have financial resources today, all they can hope for are grants for accountants that can help them pursue the degree they need to become accountants.
National Society of Accountants (NSA) – this organization provides up to 30 annual scholarships to accounting major students with at least B-grade point average or better, and must be enrolled at an accredited university or college in a 2 or 4 year degree program. Range of grant amount is $500 to $2,000. Besides these yearly awards, NSA also has special awards, namely The Stanley H. Stearman Award which is given to any NSA member relative who majors in accounting; and the Louis and Fannie Sager Memorial Scholarship which is given to a graduate of any Virginia state public school and is enrolled at a Virginia university or college taking up accounting as a major. You can get more information about these scholarship grants from the NSA Scholarship Foundation website.
Government Finance Officers Association (GFOA) – This association has several scholarship grants for those aspiring to have a career in finance with the state and local government. You can visit the GFOA website for more information or write to this address:
Government Finance Officers Association
203 North LaSalle Street
Chicago, Illinois 60601-1210
Telephone: (312) 977-9700
Ritchie Jennings Memorial Scholarship – This scholarship is administered by the Association of Certified Fraud Examiners (ACFE) Foundation which supports students of accounting, finance, business and criminal justice around the world. They have different scholarship grant amounts ranging from $1,000 to $10,000 which is given directly to the grantee’s school. This scholarship was named after Larry Jennings and Tracy Ritchie both member of the ACFE who were fatally wounded in a terrorist attack in Pakistan on November 14, 1997. You can get more information about this program from the Ritchie Jennings Memorial Scholarship Program website.
Being an accountant can be a rewarding and fulfilling career choice although it takes a lot of personal efforts to be one. Present estimates place accounting education to be worth from $13,000 to $30,000 depending on the school and accommodations the student prefers. But as you can see from the above examples of grants for accountants, you have a number of options and there’s a lot more out there. You only need to search and make sure you are qualified before applying.