AICPA offering $1 million+ in student and CPA scholarships in 2023

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$1 million in scholarships available.

Did that get your attention? The American Institute of CPAs (AICPA) currently is accepting applications for a wide range of scholarships aimed at bolstering industry’s future. That means students at all levels and working professionals like CPAs can take advantage of the program, which is open through March 15, 2023.

The AICPA scholarships focus on myriad programs for graduate and undergraduate students, as well as those working to become accounting educators.

Here’s a snapshot of the scholarship program:

Legacy Scholarship

Funded by AICPA, the AICPA Foundation and partners, the AICPA Legacy Scholarships is offering $3,000 to $10,000 per student, with nearly $1 million in total scholarships available for the next academic year. The scholarships provide support to students with a variety of backgrounds, including liberal arts majors pursuing a graduate degree in accounting, minority and female scholars, and those transferring from a two-year to a four-year institution.

The AICPA’s Legacy Scholars Program includes:

  • American Woman’s Society of CPAs (AWSCPA) Scholarship Award will award $5,000 to up to eight outstanding women pursuing a degree in accounting
  • AICPA John L. Carey Scholarship Award will award $5,000 to up to eight non-accounting or business degree holders pursuing a graduate degree in accounting
  • AICPA Scholarship Award for Minority Accounting Students will award $3,000-$10,000 to approximately 100 outstanding minority students to encourage their study of accounting
  • AICPA Foundation Two-year Transfer Scholarship Award will award $3,000-$5,000 to up to 50 students transferring from a two-year school to a four-year program to complete their accounting degree
  • AICPA Foundation Scholarship for Future CPAs will award $5,000 to $10,000 to up to 40 students interested in pursuing their CPA license after graduation
Doctoral Scholarships

The Accounting Doctoral Scholars Program (ADS) awards newly accepted Ph.D. candidates with up to $20,000 during the pursuit of their degree. The program addresses the growing need of academically qualified university accounting faculty members, particularly those with recent experience in public accounting.

The Minority Doctoral Fellowship program provides $12,000 to 25 students, renewable for up to an additional four years (assuming students continue to meet eligibility requirements), and is intended to bolster racial and ethnic diversity among accounting educators at colleges and universities.

The William (Bill) Ezzell Scholarship program offers an annual award of $10,000 to five accounting Ph.D. candidates who demonstrate significant potential to become mentors for the next generation of CPAs. This one-time-per-recipient scholarship honors the late Ezzell’s passion for the profession and recognizes his belief that the best way to encourage the next generation of CPAs is to put educators in the classroom with relevant and recent real-world experience.

These programs are intended to foster a healthy pipeline of accounting educators. Having recently practiced CPAs in the classroom also strengthens the connection between academia and practice.

The AICPA is committed to continuing to drive a robust pipeline of professionals. Through its partnership with The Chartered Institute of Management Accountants through the Association of International Certified Professional Accountants, the AICPA is better positioned to help future CPAs make their mark in the accounting profession.

Additionally, the AICPA’s “ThisWaytoCPA’s National Scholarship Search” lists a wide range of other scholarships available to accounting students around the country.

Applications for these particular programs will open on March 1, 2023.

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