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New York (October 6, 2014) - The American Institute of CPAs (AICPA) is pleased to announce that 92 accounting students from across the United States and its territories have been awarded the AICPA Scholarship for Minority Accounting Students for the 2014-15 academic year. The recipients were selected through a rigorous process, which assessed both their academic performance and leadership capability.
This year’s Minority Scholarship program received 358 eligible applications. The undergraduate and graduate level students who have received the scholarship have maintained a minimum 3.0 grade point average, and plan on pursuing CPA licensure. The scholarship is open to underrepresented ethnic minorities.
“The Scholarship for Minority Accounting Students has not only helped me financially, but it has also done a great deal to encourage me academically,” said Issouf Kafando, an accounting major at CUNY - Baruch College and 2013-2014 and 2014-2015 AICPA Scholarship for Minority Accounting Students recipient. “The AICPA Legacy Scholars program has strengthened my commitment to succeed in school, to become a CPA and an entrepreneur, and to ultimately provide services to communities in the USA and in Africa. I am very grateful to the AICPA for its continuous guidance and support of my academic endeavors.”
As Minority Scholarship recipients, the 92 students enter the AICPA Legacy Scholars program, established in 2011. The Program awards recipients a one-year AICPA Legacy Scholarship and helps them develop the soft skills needed to maintain a successful career through service. Scholarship recipients plan, promote and execute an eight-hour community service project each semester. The service activity must relate to accounting, serve the community and be meaningful to the student.
AICPA Legacy Scholars are Student Affiliate Members of the AICPA, which is a free membership option available to all currently enrolled students. Each AICPA Legacy Scholar is assigned a coach to provide guidance on the student’s service project and to advise on questions related to the profession and the work environment.
Scholarship funding is provided by the AICPA Foundation, with contributions from the Accounting Education Foundation of the Texas Society of CPAs ($10,000), the New Jersey Society of CPAs ($5,000) and Robert Half International ($5,500). The majority of students receive individual awards of $3,000 to fund expenses related to their pursuit of an accounting degree.
“I would like to thank the AICPA Foundation, Accounting Education Foundation of the Texas Society of CPAs, the New Jersey Society of CPAs and Robert Half International for their funding of the AICPA Scholarship for Minority Accounting Students,” said Joanne Fiore, vice president, professional media, pathways and inclusion. “Their generous contributions assist the AICPA in its work towards a profession-wide goal of increased diversity by helping strengthen the pipeline of minority students majoring in accounting.”
Students receiving specific awards this year are:
Accounting Education Foundation of the TSCPA
Briana Brooks, University of Texas at Austin
Carolina Rangel, Texas A&M University
Courtney Caldwell, University of Houston
Estefani Ruiz, Texas A&M University
Hyeongil Lee, University of Texas at Austin
Loren Lirely, University of Texas at Austin
Naci Sigler, Lamar University
New Jersey Society of CPAs
Joshua Rodriguez, Rowan University
Valentina Cruz, Montclair State University
Kristen Creamer, University of New Mexico
Sabrena Carter, Eastern Michigan University
Stuart Kessler Scholarship Recipient
States with the most Minority Scholarship recipients this year are Texas (with 7 students), California, Illinois and New York (tied with 6 students each).
A complete list of the 2014-15 AICPA Minority Scholarship recipients is available on ThisWayToCPA.
Students may apply for the AICPA’s scholarships online on ThisWayToCPA between December and April.
The AICPA Scholarship for Minority Accounting Students began in 1969 with the aim to increase the ethnic diversity of the CPA profession. Since the program’s inception, the Scholarship has awarded approximately $15 million.
To learn more about the AICPA Scholarship for Minority Accounting Students and other scholarship opportunities, visit www.aicpa.org/scholarships.