The Institute awarded more than $370,000 in scholarships to 117 undergraduate and graduate students through its AICPA Legacy Scholars program.
AICPA Legacy Scholars are Student Affiliate Members (a free AICPA membership option available to all students) who have received a one-year AICPA scholarship and will continue to receive benefits beyond their academic careers through the AICPA Legacy Scholars Alumni.
The program, which was established in 2011, consists of recipients of three AICPA scholarships for the 2013–2014 academic year:
- AICPA/Accountemps Student Scholarship, awarded to 10 students for a total of $25,000;
- AICPA John L. Carey Scholarship, awarded to 10 students for a total of $50,000; and
- AICPA Scholarship for Minority Accounting Students, awarded to 97 students for a total of $296,500.
As AICPA Legacy Scholars, students must perform eight hours of community service per semester. They may select their own community service activity and are encouraged to be as creative as possible, as long as the activity relates to accounting, serves the community, and is meaningful to the student. As part of the application process, students are asked to write an essay describing their intended service project. Once students are selected, the AICPA provides guidance on how the students can best execute their service activity, helping to ensure that they gain the maximum value for their time and effort.
Also, each AICPA Legacy Scholar receives a coach who provides guidance on the student’s service project and serves as an adviser for questions related to the profession and the work environment. Recipients have a dedicated, exclusive interactive community of their peers on ThisWayToCPA.com, where they can access resources to assist in their service project.
For more information on AICPA scholarships, visit ThisWaytoCPA.com.