Departmental Scholarships
The Department of Accounting and Information Systems grants thousands of dollars each year to accounting students who demonstrate outstanding academic performance.
In order to apply you must be an MSU undergraduate or graduate student majoring in accounting or be admitted to an MS degree program in accounting.
To apply online, simply click on the appropriate scholarship application.
Undergraduate Scholarship Information and Application
MS/Graduate Fellowship Information and Application
The applications are opened in December and close on January 18, 2008
External Scholarships and Awards Available
The purpose of this section is to provide MSU Accounting students with additional information regarding scholarships. These scholarships are not administered through the Accounting department.
Phi Kappa Phi
The Michigan State University Chapter of The Honor Society of Phi Kappa Phi is inviting outstanding senior PKP students and graduates who have not begun graduate work to submit applications for the National Phi Kappa Phi Graduate Fellowship Competition. Sixty competitive Fellowships of $5,000 each and forty $2,000 Awards of Excellence will be awarded for the 2008-2009 academic year. All national nominees receive a one-year active membership in Phi Kappa Phi.
The criteria considered in the competition are 1) undergraduate academic performance; 2) leadership and service on the campus and in the community; 3) evidence of graduate potential; 4) personal statement of educational perspective, purpose and objectives; and 5) letters of recommendation from three individuals who can attest to the applicant's performance and character.
Applications must be received in the MSU Chapter Office by 5:00 p.m. on Friday, February 1, 2008. Information and the application may be accessed at: www.phikappaphi.org/Web/Scholarships/graduatefellowship.html
AICPA/Accountemps Student Scholarship
Competitive award of $2,500 scholarships for five outstanding AICPA student affiliate members pursuing studies in accounting, finance or information systems who, in the opinion of the Scholarship Selection Committee, show significant potential to become successful business people.
The Scholarships are available only to full-time undergraduate and graduate students at regionally accredited institutions in the United States. All applicants must be U.S. citizens. Those persons who are already CPAs are not eligible for this scholarship.
Further scholarship information and application may be found at:
http://ceae.aicpa.org/Resources/Scholarships+and+Awards/
AICPA+Accountemps+Student+Scholarship+Program.htm
AICPA Minority Scholarship
The American Institute of Certified Public Accountants provides scholarships for minority (Black, Native American/Alaskan native, or Pacific Island races, or of Hispanic ethnic origin) accounting students. The scholarships are competitive, merit- and need-based awards of up to $5,000 for outstanding accounting students who, in the opinion of the Institute's Selection Committee, show significant potential to become certified public accountants. All applicants must be U.S. citizens.
Association of Certified Fraud Examiners
The Association of Certified Fraud Examiners will award a number of $1,000 scholarships. The scholarships are awarded to full-time undergraduate or graduate students majoring in accounting. The scholarships are awarded on the basis of:
- overall academic achievement demonstrated by notarized transcripts
- three letters of recommendation, including at least one from a Certified Fraud Examiner or a local CFE Chapter, plus additional recommendations from faculty members or academic advisor
an original essay of at least 250 words explaining why the applicant deserves the scholarship and how the awareness of fraud will affect his or her professional career development
Applications are available at www.cfenet.com/services/scholarships.asp
Frank L. Greathouse Government Accounting Scholarship
The Frank L. Greathouse Government Accounting Scholarship of $3,500 is available for award to one or more undergraduate or graduate students enrolled in full-time study preparing for a career in state and local government finance.
Applications and additional information are available under "Scholarships" at the following website: www.gfoa.org
IMA Diversity Scholarships
This program is designed to support Institute of Management Accountant's (IMA) goal of full inclusiveness in IMA membership and in the profession. The program seeks to encourage and assist students, who demonstrate outstanding potential, to pursue a career in Management Accounting, Financial Management, or Information Technology. The program is intended to support students of American Indian/Alaska Native, Asian/Pacific Islander, Black (non-Hispanic), and Hispanic heritage and students with physical disabilities.Complete information, and application form and recommendation forms is available here.
IMA Scholarships
The Institute of Management Accountants offers several scholarships to undergraduate and masters degree accounting majors. These scholarships are $3,000 (with one $8,000 winner) and are offered in a student's junior, senior, and fifth year. The decision for awarding these scholarships is based on 1) academic merit, 2) demonstrated community leadership, 3) quality of personal statement, and 4) IMA participation.
For a complete scholarship application, visit the IMA student website at http://web.imanet.org/academia/. For more information, call 1-800-638-4427, ext. 294, or e-mail students@imanet.org. Applicants must also join the MSU's IMA chapter; to do so, contact Karen Tau (tauking@msu.edu).
Lansing Chapter of The Institute of Internal Auditors Scholarship
The Lansing Chapter of The Institute of Internal Auditors offers an undergraduate scholarship each year. Information about the institute and the scholarship application can be found at: http://www.theiia.org/chapters/index.cfm?cid=163
Michigan Accountancy Foundation Scholarship
The Michigan Accountancy Foundation has an annual scholarship program to fund the 5th year of accounting major's studies. Last year, MAF awarded $100,000 in scholarships to thirteen Michigan students, 5 of which were from Michigan State University. The deadline for completed applications and collateral material is January 31, 2008. Complete information and criteria along with a downloadable copy of the scholarship application is available at http://www.michcpa.org/maf/scholarship/
If you have any additional questions regarding the scholarship, please contact the Michigan Association of CPAs at (248) 267-3700.
NSA
The National Society of Accountants (NSA) Scholarship Foundation is accepting applications for financial assistance. To be eligible, you must be an undergraduate accounting major, have a "B" or better overall grade point average, and be a US citizen. Applications are available on NSA's website.
Applications and attachments must be received by the Foundation no later than March 10.
NSPA Scholarship
The National Society of Public Accountants is offering scholarships to students majoring in accounting with a "B" or better GPA who are U.S. or Canadian citizens attending a U.S. accredited business school. Students may apply for a scholarship for their second, third, or fourth year of studies, provided they have committed themselves to a major in accounting throughout the remainder of their college career. The application, appraisal form, and official transcript must be received by March 10. Faxes will not be accepted. Applications and appraisal forms may be obtained http://www.nsacct.org.
Funding opportunities for Minority Doctoral Students
KPMG Foundation
3 Chestnut Ridge Road
Montvale, NJ 07645
African-American, Hispanic-American, and Native American accounting or information systems doctoral students in a full-time, accredited program are eligible for scholarships of up to $10,000. Awards are renewable for up to five years. Send e-mail to fmcdonald@kpmg.com for more information.
Gates Foundation Minority Scholarship Information on MOLIS
The Gates Millennium Scholars Program, administered by the United Negro College Fund (UNCF), will provide scholarships and fellowships for outstanding low-income African-American, Native American, Hispanic American, and Asian American students to attend the undergraduate and graduate institutions of their choice. The program offers scholarships starting with the 2000-2001 academic year. Information on the Gates Millennium Scholarship Program is available from the Minority On-Line Information Service (MOLIS) site at http://www.sciencewise.com/molis/. Click on the "Notices/News" button on the left column and then choose the "Gates Millennium Scholars Program" from the list of stories. Also from the main MOLIS page at you can click on "Scholarships" to search for scholarships and fellowships for yourself, your students, or family members. MOLIS provides information about the research and educational capabilities of historically Black Colleges and Universities, Hispanic Serving Institutions, Predominantly Black Colleges, Tribal Colleges, and other minority-serving institutions. MOLIS is supported by key federal agencies under cooperative agreements from the Department of Energy and Department of Defense.
American Indian Graduate Center
4520 Montgomery Blvd. NE, Suite 1-B
Albuquerque, NM 87109
(505) 881-4584
American Indians pursuing full-time graduate study in business are eligible for fellowships of up to $10,000 to help finance their studies. Awards may be renewed; write for details.
United States Department of Education
Office of Indian Education
400 Maryland Avenue SW, Room 2177
Washington DC 20202
(202) 401-1909
The Indian Fellowship Program offers renewable awards ranging from $800 to $39,000 but averaging $13,000 each. Eligible are American Indians or Alaskan Native graduate students at accredited U.S. institutions; candidates must have strong financial need and strong academic records.