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2019 NCPACA SCHOLARSHIP PROGRAM
2019 - 2020 Scholarship for Accounting Students
NCPACA, IN COOPERATION WITH THE AMERICAN INSTITUTE OF CERTIFIED PUBLIC ACCOUNTANTS (AICPA)
Competitive merit-based awards of up to $5,000 for outstanding accounting students who, in the opinion of the NCPACA Selection Committee, show significant potential to become Certified Public Accountants and not presently a CPA.
IMPORTANT INFORMATION
Thank you for expressing an interest in the NCPACA Scholarships for Accounting Students. These scholarships are awarded by the NCPACA and funded by AICPA through the AICPA Foundation.
NCPACA Scholarship will be awarded on July 6, 2019 for the 2019-2020 academic years. All application materials must be received by the NCPACA no later than June 15, 2019. The applicant is solely responsible for assuring that all application materials are received on time, and the NCPACA cannot be held responsible for materials delayed or lost in the mail.
NCPACA Scholarship for Accounting Students is available only to full-time undergraduate and graduate students at regionally accredited institutions. Awards are granted primarily based on merit (academic achievement); financial need is evaluated as a secondary criteria.
Eligibility Requirements:
Undergraduate Students:
To be eligible for an undergraduate scholarship, you must be:
- A declared accounting major (this must be indicated in your transcript) with a cumulative and accounting Grade Point Average (GPA) of at least 3.0/4.0; · A student who has satisfactorily completed at least 60 semester hours, or 90 quarter hours, or equivalent college work, including at least twelve (12) semester hours (or equivalent) in accounting; and
- Enrolled as full-time undergraduate student (12 semester hours or equivalent) at a four-year or upper division institution
Graduate Students:
To be eligible for a graduate scholarship, you must be:
- A graduate who is in an accounting program, OR who was an accounting major and is presently accepted in a masters-level accounting, business administration, finance or taxation program, OR who had any undergraduate major and is presently accepted in a masters-level accounting program; and
- Enrolled as a full-time student (nine semester hours or equivalent).
Other Requirements:
- A completed NCPACA Scholarship Application Form.
- Official Transcript indicating grades and cumulative GPA through Fall 2018 mailed directly by the school to the address indicated.
- Signed Personal Essay on these two topics:
- Why do you want to become a CPA and how will attaining this licensure contribute to your goals? How do you plan to become a licensed CPA?
- Describe how you could reach other college students and / or high school students to promote the CPA profession.
Using the format on Page 6 for Personal Essay, the personal statement must be typed and should not exceed 500 words.
- Updated Resume.
- Successful candidates are required to attend the 33rd NCPACA Convention from July 4 to 6, 2019.
- Complete Requirements must be received by June 15, 2019. All application materials must be sent to:
Scholarship Program
NCPACA
c/o Ed Ortiz
333 S. Des Plaines St., Suite 2-N
Chicago, Illinois 60661
Tel #: (312) 876-1900 Fax # (312) 876-1911
e-mail address : ecortiz@ecortiz.com
Awarding
The NCPACA Scholarship will be awarded on July 6, 2019 (Saturday) for the 2019-2020 academic years during the 33rd NCPACA Annual Convention.
Payments
Awards are made for the academic year following application, and will be sent directly to the school for credit to the account of the student recipient.
Guide to writing the Personal Essay
The NCPACA Selection Committee is intent on granting these scholarship awards to candidates who demonstrate a resolute attempt to join the accounting profession in the truest sense of the word. Your writing this essay is your chance to set yourself apart from other candidates in that your written statement would reflect your unique personal character and your ability to articulate your ambition in your own words. To help you understand the essence of the essay topics, we have prepared this brief guide.
1st Topic – Why I want to be a CPA and how I plan to become a Licensed CPA
There is a difference between merely passing the CPA exams and becoming a duly licensed CPA. We want you to someday reach that stage of your chosen career where you become licensed. Reaching this stage signifies the mark of a true professional in whom the public trust is vested. Your vista would focus on the public interest. On your word will people rely for guidance, especially with respect to the financial statements issued by entities with whom you are associated. How do you plan to reach this stage?
Of what importance is this responsibility to you? Why this is a worthwhile personal goal to you? How do you see yourself participating in the world of commerce—where you could make a difference? Having set your sights on this stature, how will you get there?
Depending on your state, you could attain CPA licensure by simply passing the exams or, on top of it, undergoing a one or two-year experience requirement. It matters not what the technical requirements are. We are interested in the shaping of your moral character to become one of AICPA’s own, and in your attaining the technical proficiency and competence required of a CPA. Express in your own words how you shall make yourself worthy of the CPA title, and your practical plans to reach this professional ideal.
2nd Topic – How I could reach other students to promote the CPA Profession
The question presupposes an understanding of the weight of responsibility of the CPA profession and your appreciation of its significance to the society that you serve. Having been convinced of its importance as a profession, you are expected to likewise tell others to become CPAs themselves. Whom will you tell? How will you tell them?
From a demographic standpoint, the accounting profession does need new blood to fill its ranks. You, having reached this stage of your thinking, are obviously aware of this need and would like to do your part in recruiting young students to the accountants’ cause. How will you go about sharing what you know to raise future accountants like yourself?
For both personal essays, we highly recommend that you become familiar with the AICPA Code of Conduct. Your technical competence we shall consider a given. However, the essence of the profession is such that personal ethics do play a role in the development of one of society’s highly prized titles – that of Certified Public Accountant. We wish you good luck in writing your personal essays. Thank you for your interest.
