5 Scholarships for Accounting Majors

There’s no doubt about it: accounting is an incredibly important factor in today’s business-oriented world. It’s a diverse field with many intricate applications. Accountants can do anything from managing financials to analyzing the data.

Check out these accounting scholarships below:

A list of numbers in an accounting ledger.

Frank L. Greathouse Government Accounting Scholarship

Amount: $10,000

Deadline: TBD for 2021 (Opens October 2020)

The Government Finance Officers Association (GFOA) awards this scholarship to undergraduate and/or graduate students interested in a career in government accounting at the state or local level. Their mission is to enhance the professional management of government through education.

To be eligible for this scholarship, students must: be a full-time graduate or undergraduate student (undergrads must be completing their junior year by the time they apply), a citizen or permanent resident of the USA or Canada, submit a recommendation letter from their academic advisor or chair of their program.

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AICPA Scholarship for Minority Accounting Students

Amount: $3,000-$5,000 (renewable)

Deadline: TBD for 2021

This scholarship opportunity–awarded by the American Institute of CPAs–gives financial aid to accounting students who are of a racial minority. They’ve been providing the scholarship for decades, and have helped nearly 8,000 accounting scholars pay for their higher education.

To apply, students must: be enrolled as a full-time graduate or undergraduate student, be of an ethnic minority majoring in accounting, plan to pursue a CPA license, maintain an overall GPA of 3.0 or higher, demonstrate financial need.

National Society of Accountants Scholarship Foundation

Amount: Varies

Deadline: TBD for 2021-2022

The NSA, interested in the next generation of accountants, wants to help them through their college education by providing scholarship funds to pay for tuition. This scholarship will take into account a student’s: academic achievements, leadership, community involvement, awards, work experience, and aspirations.

Requirements include: being a resident of the USA or Canada, are a part or full-time undergraduate student at an accredited two/four-year university/college, majoring in accounting, maintaining a 3.0 GPA or higher.

SILA Foundation College Scholarship

Amount: $2,500

Deadline: May 31, 2020

The Securities and Insurance Licensing Association Foundation is accepting online applications from students who are majoring in one of the following: finance, accounting, business administration, marketing, education. The foundation awards ten SILA scholarships each year.

To be eligible, students must: be a US citizen or permanent resident, major in one of the aforementioned studies, be enrolled at an accredited post-secondary school for a minimum of 9 credit hours OR be employed full-time and enrolled part-time at a school for at least 6 credit hours, submit all required documentation, provide a letter of reference.

Matt Fong Asian-Americans in Public Finance Scholarship

Amount: $2,500

Deadline: April 3, 2020

For Asian-American students in California, studying finance, this scholarship is for you! Created to honor the memory of former California State Treasurer, Matt Fong, this scholarship awards deserving students interested in a career in public finance or the public sector.

Eligible students must: be a sophomore, junior, or senior at a four-year university in California, be majoring in accounting, political science, public policy, business administration, or related field, demonstrate financial need, have a minimum 3.0 GPA.

And remember, schools offer accounting scholarships to their own students. Make sure you look for accounting scholarships at your potential colleges! College Raptor can help you see what sort of financial aid you could potentially receive from various schools.