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When it comes to business majors in the U.S. colleges, students are more commonly geared towards accounting majors with the number continually growing. There was a growth of 40% in the accounting majors between the 2000 and 2004 school years, with the number of accounting scholarships growing as well. As the number of accounting majors continues to rise, the competition for these scholarships becomes more and more aggressive, offering a wealth of options to students both on the state and the National level within the U.S.
Scholarships on Various Levels
While there are National and state level scholarships, there are several organizations and companies that assist accounting students on their quest towards a degree. Government organizations and minority assisting institutions are often found offering scholarships for college accounting students in order to expand the number of accountants in the work force such as:
- National Society of Accountants
- American Society of Women Accountants
- Latino Professionals in Finance and Accounting
Single mothers seeking a new career path or Hispanic/Latino-Americans that are U.S. citizens that wish to enter the work force are able to take advantage of many opportunities to obtain an accounting scholarship they qualify for.
State level scholarships for students interested in accounting are often found within the various state colleges and Universities, as well as within the various organizations and state agencies. Such institutions may include the New Hampshire Society of Certified Public Accountants, as well as the Indiana University at South Bend, which can be found online within the given state. These college scholarships in accounting can typically range between as little as $100 or as much as $5,000, depending on the actual award. Specific accounting student scholarships include:
- American Society of Women Accountants Scholarship
- Fifth/Graduate Year Student Scholarship
- HSF-ALPA Scholarships
- Sprint Scholarship/Internship
Obtaining the Desired Scholarship
There are opportunities for scholarships that are designated to students within various education levels. There are both college scholarships for undergraduate accounting students as well as graduate students, ensuring that students at all levels are able to utilize the needed funds to enter and complete a top quality accounting program. The award amount can vary greatly between scholarships, with some that are even renewable each academic year or semester. Obtaining the scholarships can be done directly through the awarding agency or organization, or through your local office or school’s financial aid department. There are different measures that may be required from an interview to a written essay or academic excellence.
It is difficult to gauge your exact need for funding while in college, but with scholarships for accounting majors offered, the entire program can be paid for at no cost to the student. Combining Federal grants and multiple scholarships can offer a great amount of funding towards the education, ensuring that you can get the most out of the best education possible. With many employers seeking these high quality accounting professionals, you can find many that will assist in funding your education giving you a well planned out future with high success.
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