Wendy A. Duffy
Department of Accounting
Illinois State University

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The following table lists scholarships available to accounting majors and indicates whether the application period is currently open.  Click on a table entry to obtain a brief description of the scholarship.  More detailed information is posted on the Accounting Scholarships bulletin board outside the STV 424 corridor.  Application forms and/or additional information may be obtained from me during my office hours.


Scholarship

Applications Currently Available? (updated 8/22/05)

Department of Accounting Awards

No

accountemps/AICPA Student Scholarships

Yes
Online

AICPA Minority Scholarships

No
Online

American Society of Women Accountants - Margaret Keldie Scholarships

No

Association of Certified Fraud Examiners

No
Online

Assoc of Information Tech Professionals
Bloomington-Normal Chapter

No

Attorney-CPA Foundation Essay Contest

No

Farmers Insurance Group

No

Government Finance Officers Association

No

Illinois CPA Society 5th year scholarships

No
Online

Illinois CPA Society scholarships for African-American Accounting students

No
Online

Independent Accountants Assn of Illinois

No

Institute of Management Accountants

No

National Society of Accountants

No
Online

Pro2Net

No 
Online

Institute of Management Accountants -
Scholarships for IMA student members
The IMA will award six $3000 scholarships to sophomores for use during the junior year, six $3000 scholarships to juniors for use during the senior year and five $3000 scholarships to advanced degree candidates.  Applicants must be members of a student IMA chapter.  Applications are due on February 15, 2001.

accountemps/AICPA Student Scholarship -
Scholarships for AICPA student affiliate members majoring in accounting, finance or information systems
Two $2,500 scholarships will be awarded.  Eligibility requirements are:  Declared major in accounting, finance or information systems; at least 30 semester hours completed including 6 hours of  accounting;  enrolled full-time; and AICPA student affiliate member.
Potential applicants wishing to apply for AICPA student membership can obtain an application form at the AICPA web site
Scholarship application forms may be downloaded via this link.

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American Institute of Certified Public Accountants - Scholarships for Minority Accounting Students
The AICPA sponsors scholarship awards of up to $5,000 for minority accounting majors.  The scholarships are primarily based on merit, but financial need is a secondary criteria. Eligibility requirements for undergraduate students include the following:
>>>  Declared accounting major with overall and accounting GPA of at least 3.0
>>>  At least 30 hours completed, including at least 6 semester hours of accounting
>>> Enrolled as full-time undergraduate student
Scholarship application forms may be downloaded from the AICPA web site

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Pro2Net
Pro2Net.com, an internet based newsletter that includes information for accounting students, periodically offers $1,000 scholarships to accounting students.  The scholarships are sponsored by Pro2Net, textbook  publisher Wiley, and KPMG.   The application process is on-line.  If you are interested in applying, check the Pro2Net web site.
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National Society of Accountants
Undergraduate accounting majors with a B or better overall grade point average are eligible to apply for $500 and $1,000 scholarships sponsored by the National Society of Accountants. Application forms are available on the NSA website.
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Government Finance Officers Association
The Government Finance Officers Association will present a $3,500 scholarship to one or more senior undergraduate accounting students enrolled full-time in preparation for a career in state and local government finance. Additional information and application forms are available under the Scholarships/Education section of the GFOA webside.
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Farmers Insurance Group
The Farmers Insurance Group sponsors three $600 scholarships to Illinois State University students in specified departments who are preparing for insurance-related careers.    A minimum GPA of 2.5 is required and financial need is considered.  
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Association of Certified Fraud Examiners
This organization presents thirty $1,000 scholarships nationally to full-time undergraduate or graduate students with a declared major in accounting or criminal justice
Application forms may be downloaded from the Association's web site
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Attorney-CPA Foundation
The Attorney-CPA Foundation sponsors an essay contest with a grand prize of $1,500.  There are separate divisions for undergraduate (20 page essay) and graduate (30 page essay) students.
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American Society of Women Accountants - The Chicago Chapter of the Amercian Society of Women Accountants provides several scholarships for women students preparing for a career in accounting.  Applicants may be full or part-time, graduate or undergraduate students but must have a minimum GPA of 3.0, at least 60 semester hours completed and at least one semester remaining to be completed after the summer session.
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Independent Accountants Association of Illinois
The IAAI sponsors three $1,000 scholarships to undergraduate accounting students with at least a 3.0 Accounting GPA
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Department of Accounting Awards
These awards are sponsored by a number of companies and organizations and are presented in the Spring semester.  Award recipients are selected by the Department of Accounting Student Awards Committee.  

Accounting Majors:  Awards are made annually to accounting majors on the basis of academic performance.  Students may apply for an award if they meet the following eligibility criteria

  • At least 72 hours completed
  • A or B in Accounting 231
  • Graduation date no earlier than December of the following year
  • At least 12 hours completed at Illinois State University
  • Enrolled for at least 12 hours in the current semester

COB/BIS Majors:  Several awards are available for College of Business majors who have elected the BIS sequence.  Eligibility criteria include:

  • Minimum 3.0 GPA
  • Junior or senior
  • At least 12 hours completed at Illinois State University
  • Enrolled for at least 12 hours in the current semester

Diversity Award:  The John Deere Diversity Scholarship is awarded to an Accounting major with a diverse ethnic or cultural background.  Eligibility criteria include:

  • At least sophomore status
  • Cumulative GPA of at least 3.25
  • Full-time student 
  • Legally authorized to work in the United States

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Illinois CPA Society 5th Year Accounting Scholarship
This Illinois CPA Society will offer 6 scholarships of up to $4,000 each to accounting majors for the fifth year of education in a 150-hour program.  Applicants must have a 3.0 GPA.  Application forms and information can be downloaded from the Society's web page. 

Illinois CPA Society Scholarship for African-American Accounting Students
This Illinois CPA Society will offer 3 scholarships of up to $4,000 each to African-American accounting majors who have completed at least two years of a 150-hour program.  Applicants must have a 3.0 GPA..  Application forms and information can be downloaded from the Society's web page. 

Association of Information Technology Professionals - Bloomington-Normal Chapter
The AITP sponsors two $500 scholarships.  Applicants must have completed 60 credit hours, be enrolled full-time, and have completed at least two computing or information technology courses.  Awards are merit based.

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