Grants for Accounting

Educating an accountant these days takes a lot of money and if your family is unable to finance your college education, you would need to search for grants for accounting so you can continue and finish your accounting degree. Fortunately for you and your family, there are several associations both private and government that provides grants and scholarships to deserving students taking up accounting. While it is not easy to maintain yourself under the scholarship grant for the duration of your college education, you know you have to because of the many benefits, primarily financial that you can get from it.

Frank L. Greathouse Government Accounting Scholarship – This scholarship is granted through the Government Finance Officers Association. It is awarded to graduate or undergraduate students of accounting enrolled full-time and interested in starting a career with the government in the field of finance. The scholarship is worth $5,000 and is open to eligible Canadian and US citizens. You can get more information and download the application form from the GFOA scholarship website.

American Society of Women Accountants (ASWA) – this association mission is to represent and support professional women involved in accounting and finance across the country. They are dedicated to the promotion and advancement of financial literacy through outreach, mentoring and recognition. They also have 3 types of scholarship programs, namely ASWA member scholarships, 2-year college scholarships, and undergraduate scholarships. The 2-year and undergraduate scholarships are for those taking up finance or accounting degree. You can get more information from the ASWA scholarship website.

American Institute of CPA (AICPA) – this institute provides several grants for accounting. Each of these grants can be availed of by their respective eligible students to finance their advanced or undergraduate accounting studies. You can get more information from the AICPA scholarship webpage.

Massachusetts Society of Certified Public Accountants, Inc. (MSCPA) – this association offers several scholarships for both graduate and undergraduate students who are legal residents of Massachusetts. Scholarships are awarded to those who have demonstrated academic excellence and are in need of financial assistance. The funds are given directly to eligible students who can use the money to pay for books, tuition and other authorized expenses. Awardees must also have the intention of serving the state as CPAs in accounting-related positions after obtaining their degrees. They also have other special scholarship grants such as the Scholarship Lottery for CPA Exam Candidates worth $400 to those who will take the CPA exam; and the Outstanding Accounting Educator Award worth $1,000 given to an accounting professor for their classroom excellence.

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