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Top Accounting Scholarships in 2022
Are you a student who loves numbers? Maybe math is your favorite class? If this sounds like you, then accounting may be a great option for a college major. Accounting is all about working with financial data and provides a wide range of career options. Accounting is also a lucrative career, with an average salary of over $70,000 per year. Students interested in accounting as a career should apply to accounting scholarships to help pay for their education.
Jump ahead to:
- Top accounting scholarships
- Resources for accounting students
- Frequently asked questions about accounting scholarships
- Summary of accounting scholarships
- Upcoming scholarships
- Explore these other scholarship categories
Keep on reading to learn all about the eligibility, deadlines, and amounts for the top accounting scholarships!
Top accounting scholarships in 2022
Jane M. Klausman Women in Business Scholarship
- Eligibility: Women of any age pursuing a business program with major field of specialization in accounting, economics, finance, business management, marketing, and more
- Amount: $8,000
- Deadline: Contact your local club for the deadlines, which are usually between April and August of each year
Ted Rollins Eco Scholarship
- Eligibility: Undergraduate students and high school seniors planning on earning a business or sustainability degree
- Amount: $1,000
- Deadline: December and June 1st of each year
AICPA Foundation Scholarship for Future CPAs
- Eligibility: Undergraduate or graduate accounting students with a major GPA of 3.0. Students must also have completed 30 semester hours of school.
- Amount: $5,000
- Deadline: March 1, 2022
AICPA Foundation Two-year Transfer Scholarship Award
- Eligibility: Students who are studying at a two year or community college who intend to transfer to a four year college and major in accounting.
- Amount: $5,000
- Deadline: March 1, 2022
AICPA John L. Carey Scholarship Award
- Eligibility: Liberal arts and non-business majors who are pursuing a graduate degree in accounting.
- Amount: $5,000
- Deadline: March 1, 2022
AICPA Scholarship for Minority Accounting Students
- Eligibility: Minority students studying accounting
- Amount: $5,000
- Deadline: March 1, 2022
AWSCPA Scholarship Award
- Eligibility: Female accounting students as undergraduates or graduates.
- Amount: $5,000
- Deadline: March 1, 2022
CMA Scholarship Program
- Eligibility: Students currently enrolled in an undergraduate program or individuals planning to attend a graduate degree program may apply for the scholarship.
- Amount: $1,000 to $5,000
- Deadline: Rolling (year round)
Resources for accounting students
Beta Alpha Psi
Beta Alpha Psi is an international honor organization for students interested in accounting and finance. This organization can help you to keep up to date with the current state of the field, as well as provide networking opportunities with professionals around the world. You can check whether there is a chapter in your region or at your school through their website.
Association of International Certified Professional Accountants
Membership in the AICPA provides access to a wide range of professional networking opportunities with accountants in the industry. They also post guides, articles, and checklists which can be useful for accounting students.
American Accounting Association
For students who are interested in joining an organization which specializes in accounting in the United States, this can be a great fit. They conduct industry research and post their findings, as well as opportunities for meeting professionals in your areas of interest.
Frequently asked questions about accounting scholarships
Do I have to major in accounting to earn an accounting scholarship?
Most of these scholarships require that applicants plan to major in accounting. That being said, if you earn a scholarship but later decide to change your major, you won’t have to pay back the money in most cases. If you won a renewing award, you may be unable to renew it if your major changes.
So, although most of these scholarships require that applicants plan on majoring in accounting, they also know that plans can change and you will probably be able to keep the award if you end up changing your major.
How can I pay for an accounting degree?
There are many ways out there to pay for an accounting degree. It’s a good idea to take full advantage of every possible opportunity. That includes filling out the FAFSA, seeing if you qualify for the Pell Grant, applying for outside scholarships, and applying for school-specific scholarships. Many students also have to take out loans. Another great strategy for finding scholarships is looking for local scholarships. Because the competition is usually less numerous, you have a better chance with local scholarships.
Does accounting count as STEM?
Generally, accounting counts as a business major and not a STEM major. However, this definition may vary somewhat by school. Furthermore, in 2021, congress introduced a bill to include accounting under the STEM umbrella. Whether or not it passes, it indicates that the definition of accounting may be changing in the public eye.
Summary of accounting scholarships
- Jane M. Klausman Women in Business Scholarship
- Ted Rollins Eco Scholarship
- AICPA Foundation Scholarship for Future CPAs
- AICPA Foundation Two-year Transfer Scholarship Award
- AICPA John L. Carey Scholarship Award
- AICPA Scholarship for Minority Accounting Students
- AWSCPA Scholarship Award
- CMA Scholarship Program
Upcoming accounting scholarships
Lily Pabilona Emerging Entrepreneur Scholarship
- Eligibility: Asian American high school, graduate and post-graduate students pursuing a career in entrepreneurship
- Amount: $1,000 to $5,000
- Opens: February 1, 2022
