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Accounting College Scholarships

Accounting remains one the most popular business majors in colleges all around the United States and this number continually rises every year. In the three years between the 2000-2001 school year and the 2003-2004 school year, the number of accounting majors rose in some areas as much as almost 40%. The growing amount of accounting students makes competition for accounting scholarships extremely aggressive.

As with many types of scholarships, accounting scholarships are available on both the national and state level. National scholarships are generally presented by government organizations that are concerned with expanding the population of accountants, like the National Society of Accountants; or those institutions that are concerned with getting minorities and women into the accounting field, like the American Society of Women Accountants or the Association of Latino Professionals in Finance and Accounting. Since both general accounting scholarships and minority accounting scholarships are readily available to current and prospective accounting students, most students will be able to find a scholarship program for which they qualify.

In addition to national scholarships, there are a lot of state scholarships for accounting students. These are usually presented by state agencies and colleges to provide scholarship monies to students within the given state; some of these institutions are the New Hampshire Society of Certified Public Accountants, and Indiana University at South Bend. The average award amount for a scholarship is between $500 and $2000, though some offer as much as $5000 or as little as $100. The amount of money often depends on the number of awards won and the type granting institution.

List of Accounting Scholarships

Paying for school is not easy, but we are here to help. OEDb's student finance section will help you find the money you need to pay your tuition and other college expenses. We cover scholarships, college grants, and student loans. Scholarships and grants are both forms of "free money", meaning they don't need to be paid back. Scholarships are typically awarded by businesses or individuals, with the money being earmarked specifically for tuition. They can be awarded based on a student's location or by religious affiliation, such as Catholicism or Islam. Grants are typically awarded by governments or non-profit organizations and the money often can be applied to several different expenses a student may incur, not solely tuition. They can be awarded based on location or ethnicity, for instance African American or Hispanic. Loans are not considered "free money", because unlike scholarships and grants, they do need to be paid back after graduation. Common federal loans include Perkins and Stafford. Loans are also available by location.