Note: Interested applicants should read the below information carefully before applying to ensure they have a clear understanding of this program’s expectations and requirements.
Program OverviewThe AICPA John L. Carey Scholarship program provides financial assistance to liberal arts and non-business degree holders who are pursuing both graduate studies in accounting and the CPA licensure. These awards are intended to encourage students with little or no previous accounting education to consider professional accounting careers.
Scholarship BackgroundThe John L. Carey Scholarship was established by members of the accounting profession to honor John Carey upon his retirement from the AICPA in 1969. During his 40-year tenure at the AICPA, Mr. Carey served as administrative vice president; executive director; and as editor and publisher of the Journal of Accountancy. Mr. Carey dedicated his entire career to serving the accounting profession and made it a priority to encourage outstanding students to become CPAs.
Scholarship Amount/PaymentsRecipients receive $5,000 for one year. Scholarship aid may be used only for the payment of expenses that directly relate to obtaining an accounting education (e.g.; tuition, fees, room and board, and/or books and materials only).
Awards are non-renewable and past recipients may not re-apply. Scholarship payments are sent directly to the student's financial aid office on behalf of the student at the beginning of the fall and spring semesters.
AICPA Legacy Scholars ProgramIf selected as an AICPA scholarship recipient, the AICPA asks that students commit to performing eight hours of community service per semester to advocate for the CPA profession. Through their community service efforts, AICPA Legacy Scholars enhance their leadership and communication skills by building relationships with both aspiring and seasoned CPAs.
Learn more at ThisWayToCPA.com/LegacyScholars.
Application InstructionsAll applicants must submit a completed application to the AICPA by April 1, 2013 at 11:59PM EST. Students selected to advance to the second round will be notified via email by May 1, 2013. Round 2 applicants must provide additional documentation (See “Round 2 Applicant Materials” below.)
A student may save his/her application and make changes up to April 1, 2013. Once the applicant clicks the “submit application” button, no further changes can be made. Incomplete applications will not be accepted for review by the AICPA. The AICPA will confirm receipt of an applicant’s completed application via email within one week of submission.
Round 1 Application MaterialsAll AICPA/Accountemps Scholarship applicants will be asked to provide the following information with their applications:
• Two essays• Résumé• Names and email addresses of two references to provide future letters of recommendation• Copy of green card (permanent residents only)
Essay 1: Discuss how your background as a liberal arts or non-business major combined with your experience will benefit you as a CPA. Why do you believe that obtaining a CPA will be beneficial to your career path and how do you plan to achieve your license? (500 word max)
If selected as an AICPA scholarship recipient, the AICPA requires that you serve as a Legacy Scholar. (See ThisWayToCPA.com/LegacyScholars for more information.) Describe how you would spread the message about accounting and the CPA profession in your community and school. Please be specific in your response. You may consider including the following details:
• Type of outreach/plan
• Description of intended audience
• Intended outcome of your Legacy Scholar plan
Additionally, provide a short response on how you would spread the word regarding this scholarship to other applicable students. (500 word max)
Round 2 Applicant MaterialsRound 2 applicants must provide AICPA with the following documentation:
• Two letters of recommendation supplied by the references listed during Round 1. Letters will be uploaded online by the references.• Official transcript(s) from post-secondary school(s) attended• Graduate school admission test score report(s) (if applicable)• Copy of acceptance letter for graduate students, if enrolling for the first time in fall 2013• List of scholarship or grant programs to which student has applied and/or been awarded. Note: students receiving a full scholarship package are ineligible for this program.
Review/Selection ProcessApplicants will be reviewed by a scholarship selection task force. Recipient selection is based on academic achievement; demonstration of leadership and volunteerism; and overall commitment to becoming a licensed CPA professional.
Other AICPA Scholarship ProgramsIn some cases, students may be eligible for multiple AICPA scholarships. Students are encouraged to apply for all the AICPA scholarship programs for which they meet the eligibility requirements. View all AICPA scholarship programs at ThisWayToCPA.com/AICPAscholarships.
Applicant NotificationAll applicants will be notified of final selection by August 1, 2013.
Questions/Contact InfoEmail email@example.com for questions about the John L. Carey Scholarship program.
Please add firstname.lastname@example.org to your email contacts to avoid communications from being misdirected to your spam or bulk mail folder.
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