AICPA Legacy Scholarship

I think it would be helpful for students considering the MAcc program at Ohio State to know that there are not only fellowships, graduate assistantships, and scholarships from Ohio State, but there are also opportunities to receive scholarship money from external organizations.

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After applying to Ohio State, I was made aware of the scholarships available through the American Institute of Certified Public Accountants (AICPA). The AICPA offers a number of different scholarships for aspiring CPAs who are attending undergraduate or graduate school to one day pursue a career in accounting. These scholarships are all part of a program called “The AICPA Legacy Scholars Program“. This program not only provides financial assistance, but also teaches leadership skills and allows students to network with other aspiring accountants and accounting professionals.

The four scholarships offered are:

  1. AICPA/Accountemps Scholarship Award: This is a $10,000 scholarship awarded to 4 students
  2. AICPA Scholarship Award for Minority Accounting Students: This is a $1,000-$5,000 scholarship awarded to 80 students
  3. AICPA John L. Carey Scholarship Award: This is a $5,000 scholarship awarded to 5 students
  4. AICPA Foundation Two-Year Transfer Scholarship Award: This is a $3,000 scholarship awarded to 15 students

Recipients of any of these scholarships must perform at least 8 hours of community service per semester to advocate for the CPA/Accounting profession. I recently completed a service event to meet this 8 hour requirement where I went back to my undergraduate institution and presented to the accounting club. I prepared a PowerPoint presentation that included information about the accounting profession, what the AICPA is, information about the CPA exam, and some general career and graduate school advice. I chose to complete my event at my undergraduate school because I thought it would benefit students at a small liberal arts school to learn more about the accounting profession, and having just graduated last year, I felt like any additional advice relating to my future career/graduate school I could have received would have been helpful.

If you are a current undergraduate student who is either going to still be an undergraduate student or a graduate student next year, you should definitely check out the AICPA’s website to see if you meet the qualifications for any of these scholarships!