December 1999

Society Scholarships Available for Accounting Students

The NYSSCPA and its Foundation for Accounting Education encourage Society chapters and members to inform college students about the Excellence in Accounting Scholarship. The Society sends applications to accounting departments, accounting clubs, and financial aid offices in January.

The Society created the scholarship fund in 1990 to provide financial assistance and encourage deserving candidates to enter the accounting profession. To qualify, college students must have declared accounting as a major, have completed at least 60 semester credits, and maintain a 3.0 GPA.

The NYSSCPA awards scholarships of $1,500 per academic year for full-time students (12 credits or more per semester) and $750 per academic year for part-time students (at least six credits per semester), and presents payments in separate equal installments, one each semester. Students can renew the awards provided they continue to meet all eligibility requirements.

"The Scholarship Awards Committee plans to work with chapter officers as well as colleges and universities in each chapter to increase awareness of the scholarship program," Scholarship Awards Committee Chair Kathleen Brown said. "We expect the joint efforts of the committee and chapters to result in an increase in the number of applications from qualified students in all chapters and a better distribution of scholarship awards among the chapters."

The Scholarship Awards Committee, which includes representatives from all 11 chapters, selects recipients from each chapter area, based on the student's home address. The number of scholarships in each chapter is allocated by the number of NYSSCPA members in that area.

The application deadline is April 1. In January, students can pick up an application from their accounting department chairs, accounting clubs, or financial aid offices, or print a copy from http://www.nysscpa.org. For more information, contact NYSSCPA Recruitment Specialist Sanjay Paranandi at (212) 719-8364, (800) 633-6320, or sparanandi@nysscpa.org. *