AICPA CPA exam scholarship applications now open

The AICPA Foundation is offering more than $75,000 in scholarships for CPA exam candidates and accounting students. 

The CPA Exam Scholarship is available to U.S. citizens or permanent residents who demonstrate financial need and seek a CPA license. Through the program, up to 50 AICPA student or CPA exam candidate affiliate members will be granted up to $1,500 to help cover fees related to the exam or preparatory courses and materials. 

"Becoming a licensed CPA is difficult enough without the added stress that some individuals experience due to financial strain," said AICPA vice president Mike Decker in a statement Thursday. "This scholarship is meant to help ease the minds of those in need. The CPA credential opens the door to many professional opportunities. We want all qualified, talented and diverse individuals to have the opportunity to take the exam for this distinguished designation."

Applications for the CPA Exam Scholarship will be open from June 1 to September 30 for candidates who provide a copy of Notice to Schedule for at least one section of the CPA exam and a copy of the receipt for their exam application fees payment. As for preparatory courses and materials refunds, candidates must provide proof of purchase with their application. 

The AICPA and its foundation, which was founded in 1922 to promote the profession and its opportunities, also offer annual scholarships for college students and fellowships for Ph.D. candidates.