|Best Accounting Scholarships for International Students
Studying accounting abroad as an international student can be very expensive, especially when you are coming from countries with underperforming currencies and you want to study in countries like the United States and the United Kingdom.
To make studying easier for you, there are some organizations that offer both partly funded and fully funded scholarships to students who meet their requirements. These accounting scholarships will help them pay for their tuition and ease the burden of thinking about their tuition.
Accounting is a rewarding field of study. In most cases, some organizations sponsor their accounting department staff on scholarships to learn more about it and help their business grow.
We compiled a list of ten organizations that give accounting scholarships to international students and the requirements for scholarship.
Best Accounting Scholarships for International Students
Here are the ten best accounting scholarships for international students. Please add them to your list of organizations that offer scholarships and apply for them whenever they are open.
1. Barnes W. Rose Jr. and Eva Rose Nickol Scholarship Program
So, starting back in 2003, the Albuquerque Community Foundation has been giving out a scholarship every year to students who really deserve it. They named it after Barnes Rose Jr. and Eva Nickol as a way to honor them.
Each year, the scholarship goes to a graduating senior from Albuquerque High School who's keen on getting a bachelor's degree related to science, technology, engineering, or math (STEM). So, if you're into those fields, this scholarship could be right up your alley.
The requirements to for the Barnes W. Rose Jr. and Eva Rose Nickol scholarship programs include the following:
The lucky winner needs to be a student who's kept up a solid GPA during their time in high school. And guess what? The prize for winning is $800 to help cover any education expenses they might have.
To be eligible for this scholarship, you must attend Albuquerque High School and keep your GPA at 3.6 or above. So, it's not just about the grades but also showing up to class. Prove that you are not buoyant and need assistance financially.
Are you planning to go to a four-year college or university and pursue a degree in one of the STEM fields like science, technology, engineering, or math?
2. James Wilcox Endowed Scholarship
The James Wilcox Endowed Scholarship, put together by the Educational Foundation of the Florida Institute of CPAs, is up for grabs! It's specifically for African American students from Florida who are studying accounting and are in their fourth or fifth year of school.
So, basically, if you're in your fourth or fifth year of school, you're eligible for this award. To qualify, you must show you're serious about becoming a CPA, be involved with FICPA, get a recommendation from a department head at a Florida university, and keep going to school at least part-time.
Residents from Broward, Miami-Dade, Palm Beach, and Monroe counties could apply for the 1040K Race Scholarships.
3. MasterCard Foundation Scholars Program for African Countries
The Mastercard Foundation Scholarships in South Africa are open for applications for 2024. So, if you're keen on getting in on this opportunity, you better start applying now.
Only citizens of a country in sub-Saharan Africa can send in their applications. So, if you're from one of those countries, go ahead and apply.
The MasterCard Foundation Scholars Program, over the next ten years, has budgeted about five hundred million dollars to educate and groom future leaders who will play a pivotal role in driving global social and economic transformation.
4. Jane M. Klausman Women in Business Scholarship
So, have you heard about the Jane M. Klausman Women in Business Scholarship? It's pretty cool—it's a scholarship specifically for women studying accounting. And get this: it's sponsored by Zonta International, the awesome organization that funds the prize.
If you're a woman presently involved in an undergraduate program and studying accounting or another business-related field, then you're eligible to apply for this scholarship.
Guess what? There are a whopping total of forty-two scholarships available, each valued at two thousand dollars! Plus, there are also six scholarships up for grabs on an international level.
When it comes to picking the lucky recipients of this scholarship, they consider a couple of important factors. First off, they look at your academic performance—so, how well you're doing in your studies. But that's not all! They also want to see how passionate you are about pursuing a career in business.
5. AICPA John L. Carey Scholarship
Back in 1969, the Association of International Certified Professional Accountants (AICPA) decided to do something pretty special. They established the AICPA John L. Carey Scholarship to honor the incredible contributions of John Carey, who dedicated a whopping 40 years of his life to the AICPA.
The AICPA John L. Carey Scholarship has a really cool mission behind it. They want to encourage people who might not have much experience or knowledge in accounting to go for it and pursue a graduate degree in accounting or get their CPA license.
Every year, the AICPA John L. Carey Scholarship gives out awards to around five deserving students. And guess what? Each of these lucky students receives a whopping $5,000 to put toward their educational expenses.
The following categories of people qualify for this scholarship:
- If you're a graduate student working towards a degree in accounting or aiming to get your CPA (Certified Public Accountant) license, then you are lucky—you're eligible to apply for this scholarship.
- If you already have a bachelor’s degree from a non-accounting-affiliated institution and you're currently a graduate student working towards a degree in accounting or pursuing your CPA (Certified Public Accountant) license, then you're eligible to apply for this scholarship.
6. NABA National Scholarship Program
Every year, the National Association of Black Accountants (NABA) runs a National Scholarship Program aimed at helping at least fifty African Americans overcome obstacles and pursue their dreams of earning an undergraduate degree in accounting, finance, or business.
With award amounts ranging from $1,000 to $5,000, this program is designed to assist at least fifty deserving students in overcoming obstacles and achieving their educational goals.
Applicants for the National Association of Black Accountants (NABA) National Scholarship Program could also include graduate students in their first year working towards master’s degrees in accounting. This means that not only undergraduate students, but also those pursuing advanced degrees, have the opportunity to receive support through this program.
To be eligible for the National Association of Black Accountants (NABA) National Scholarship Program, active NABA student members are expected to meet several criteria. These include demonstrating financial need, being of African descent, maintaining a minimum grade point average of 3.0, enrolling full-time in a four-year college or university in the United States, and maintaining a connection to African heritage.
7. Leroy Schmidt 150-Hour Scholarship
One of the annual awards presented by the Wisconsin Institute of Certified Public Accountants (WICPA) is the Leroy Schmidt 150-Hour Scholarship.
To be considered for the Leroy Schmidt 150-Hour Scholarship, applicants must meet certain eligibility criteria. One of these requirements is that applicants must be lawfully residing in the state of Wisconsin.
In order to be eligible to take the Certified Public Accountant (CPA) exam, applicants are typically required to have successfully completed a degree program that consists of at least 120 credit hours. This requirement ensures that candidates have acquired the necessary educational foundation to pursue licensure as a CPA.
Additionally, specific coursework in accounting and related subjects may be required to meet the eligibility criteria set by the state board of accounting where the exam is being administered.
As part of the scholarship application process, applicants are often required to submit an essay. This essay must be written in electronic format and uploaded to the designated website or online portal as specified by the scholarship provider.
8. Michele L. McDonald Memorial Scholarship
The Michele L. McDonald Memorial Scholarship, focused on accounting, is managed and administered by the Educational Foundation for Women in Accounting. This foundation oversees the entire process of the scholarship, including the application review, selection of recipients, and distribution of funds.
The Michele L. McDonald Memorial Scholarship, administered by the Educational Foundation for Women in Accounting, is exclusively available to women who meet specific eligibility criteria. To be eligible for the Michele L. McDonald Memorial Scholarship, candidates must meet both of the following requirements: they must be women who are either actively employed full-time or have been caring for children for a minimum of three years.
Those selected for the Michele L. McDonald Memorial Scholarship will receive a $1,000 award, which they can use to support the completion of their accounting degree.
9. ABA Academic Merit Scholarship
Every year, the American Bus Association (ABA) awards an Academic Merit Scholarship to two individuals who showcase exceptional potential.
To be considered eligible for the Academic Merit Scholarship awarded by the American Bus Association (ABA), applicants must express an interest in starting a career in the transportation, travel, or tourist industry.
Each of the two recipients selected for the Academic Merit Scholarship from the American Bus Association (ABA) will receive a scholarship stipend in the amount of $5,000.
Applicants for the Academic Merit Scholarship from the American Bus Association (ABA) must be students enrolled in their first or second year, junior or senior year, or graduate school at an accredited institution.
10. Stanley H. Stearman Scholarship Award
The National Society of Accountants (NSA) will grant a scholarship in the amount of $2,000 in honor of Stanley H. Stearman, who previously held the position of Executive Vice President within the organization. This scholarship serves as a tribute to Stearman's contributions to the NSA and his dedication to the accounting profession.
The Stanley H. Stearman Scholarship, valued at $2,000, will be awarded to relatives of surviving or deceased members of the National Society of Accountants (NSA) who are pursuing a career in accounting.
Undergraduate students aspiring to receive the Stanley H. Stearman Scholarship must maintain a grade point average of at least 3.0 throughout their higher education journey while also holding citizenship in either the United States or Canada.
Additionally, applicants must attend either a full- or part-time accredited college or university in the United States and maintain a major in accounting throughout their academic tenure.
Conclusion: The Best Accounting Scholarships for International Students
Studying abroad isn't easy for international students. The financial implications can sometimes be difficult to manage alone.
But when you qualify for a scholarship from any of the organizations offering partly-funded or fully-funded scholarships, it will help relieve you of the burden attached to studying abroad.
Check out the list of the 10 best accounting scholarships for international students, and see which one you are qualified for, and apply.