Study To Become An Accountant And Get Scholarships For College
This year the average cost for getting a BS in accounting ranges from $13,000 to $30,000 a year. The cost escalates if you choose to attend graduate school. You don't have to know the difference between credits and debits to realize a price tag of up to $120,000 can put a college student deep in debt if not planned for extensively. After all, that is a lot to carry before a graduate has even landed his or her first job.
At the same time, any accounting major worth his or her salt knows that financial aid is out there. Further, the truly good ones realize this is more than just the standard federal Pell and state grants. There are not only college endowments, but also scholarships available through a number of private charitable agencies as well as professional organizations.
To start with, students should look at the Cargill Scholarship Foundation. The initiated a program is recognized by a number of accredited colleges and universities in the country. While high school graduates can not apply, it is open to freshmen, sophomores and juniors. To apply, they must supply their FAFSA applications, academic transcripts as well as the Cargill's own application. It's worth $5,000 towards covering one's tuition.
One very important aspect of the accounting industry is auditing. Because of this, the Esther R. Sawyer Award was created to encourage more students to pursue this aspect of the field. Beside the standard academic transcript and FAFSA info, it requires its applicant to complete an essay on a modern auditing topic. The winner also gets $5,000.
One group that also has stepped into the fray is the Accountemps/American Institute of Certified Public Accountants. Its student scholarship is open to any student with 30 credit hours racked up towards a Bachelor's in accounting. The student must also have a 3.0 grade point average along with his or her financial materials, other academic records as well as be enrolled in an accredited university on a full-time basis.
Another professional group that has joined the cause is National Society of Accountants (NSA). Its primary form of financial assistance is the student scholarship. This requires a 3.0 grade point average and prior enrollment in an approved accounting program.
The NSA awards 36 of these scholarships each year, ranging from $500 to $1,000 per award. There is also the Stearman Scholarship, which is open to direct descendants of NSA members. This program provides up to $2,000 a year to following in one's parent or grandparent's occupation.
The Scholarship for Minority Accounting Students is pretty self-explanatory. To qualify though, not only must an applicant prove his or her heritage, but he or she must also be in an acknowledged university program and averaging a 3.3 or better. If those and other criteria are met, the scholarship will provide up to $5,000 towards those completing that four-year degree in accounting.
Now, students shouldn't forget about such national programs like the Pell Grant as well as other state and private sources out there to pay for their traditional or online degree. By putting together, for lack of any other term, a solid financial aid portfolio, tuition for on campus or online college degrees becomes quite affordable.
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