The New Jersey Society of Certified Public Accountants (NJCPA) is now accepting applications for its accounting scholarships, which are available to high school senior and college accounting students studying at New Jersey colleges or universities.
The NJCPA Scholarship Fund, supported by member donations, has awarded scholarships totaling over $7 million since 1960 and currently supports more than 100 students each year. The deadline for high school scholarships is Dec. 8, 2023, and the deadline for college scholarships is Jan. 8, 2024.
Scholarships for High School Seniors
College-bound New Jersey high school seniors who intend to major in accounting or obtain a concentration in accounting at a four- or two-year institution are welcome to apply for a $1,500 scholarship. Students with a cumulative 3.2 grade point average or minimum 1260 SAT OR 26 ACT score (if taken) are eligible.
In its third year, the Deloitte Scholars High School Minority Scholarship, funded by the Deloitte Foundation, is open to college-bound high school seniors intending to major in accounting or obtain a concentration in accounting at a four- or two-year institution. To be eligible, applicants must meet the same academic GPA/test requirements as the other high school applicants but must also identify as an ethnic minority. Each scholarship award is $1,500.
Scholarships for College Students
The NJCPA is accepting applications for $6,500 one-year scholarships from juniors majoring in accounting who are entering their senior year and seniors who are enrolling in an accounting-related graduate program. Applicants must be a New Jersey resident, have a GPA of 3.2 and have at least 12 accounting credits by the end of the spring 2024 semester.
New Jersey college sophomores or second-year students at New Jersey community colleges who are continuing their education at a four-year college in the fall are encouraged to apply for a $2,000 one-year award. Applicants must have a 3.2 GPA, be a New Jersey resident and have at least six accounting credits by the end of the spring 2024 semester.
“The scholarships are a great way to introduce these students to the NJCPA and let them know there is a vast resource of professionals available who want nothing more than to support them in their journey to become accounting professionals and CPAs,” said Henrietta Fuchs, CPA, president of the NJCPA Scholarship Fund and partner at CohnReznick LLP. “As a past scholarship recipient myself, I know firsthand the value of connecting very early in this career path.”
Aiysha (AJ) Johnson, MA, IOM, CEO and executive director of the NJCPA, said it is an honor to reward the academic achievements of outstanding students who are on their way to becoming the next accounting professionals and CPAs in this great career.
“We are pleased to be able to assist them along that journey thanks to the generosity of our members,” Johnson said.
Scholarships are awarded based on academic performance, standardized test scores, essays and personal interviews. For a complete list of eligibility requirements and apply for the awards, visit njcpa.org/scholarships. Winners will be notified in March 2024.
The New Jersey Society of Certified Public Accountants, with more than 13,000 members, represents the interests of the accounting profession and advances the financial well-being of the people of New Jersey. The NJCPA plays a leadership role in supporting the profession by providing members with educational resources, access to shared knowledge and a continuing effort to create and expand professional opportunities.