Minority Accounting Students Awarded Scholarships
by Terri Eyden on
By Deanna C. White
For today's college students, struggling under the crushing weight of ever-escalating tuition and staggering student loan debt, a scholarship is nothing short of a godsend.
But Ronald Dukes, one of the 2012-2013 recipients of the American Institute of Certified Public Accountants (AICPA) Scholarship for Minority Accounting Students, said the significance of the scholarship transcends merely offsetting college costs. It confirms that he has chosen the right career path, drives him to have a positive influence on the profession, and motivates him to serve as a role model for future generations of CPAs.
"To me, the value of the AICPA's minority scholarship doesn't lie solely in meeting a student's financial needs, but also in the many intangibles which outshine any other scholarship I've received," said Dukes, who is pursuing his Master of Accountancy at Villanova University in Pennsylvania. "This scholarship has provided me with inspiration and passion to impact a positive change in the accounting profession and to set an example for my peers to follow."
Dukes, who is also the recipient of the AICPA's Robert Half International Scholarship, was one of just eighty-four accounting students from across the United States awarded the 2012-2013 AICPA Scholarship for Minority Accounting Students by the AICPA Foundation this October.
In addition to their minority scholarship awards, the following students received designated awards:
Stuart Kessler Scholarship Recipient:
- Nicholas Denice, Roger Williams University
New Jersey Society of CPAs Scholarship Recipients:
- Chris Arthur, Rutgers University
- Sarah Connell, University of Pittsburgh
Robert Half International Scholarship Recipient:
- Ronald Dukes, Villanova University
Accounting Education Foundation of the Texas Society of CPAs Scholarship Recipients:
- Stephanie Aranda, Southern Methodist University
- Julio Benavides, Trinity University
- Adlith Castillo, University of Houston
- Raheem Farishta, Texas A&M University
- Melissa Hernandez, University of Texas at Austin
- Kevin Kibaara, Texas Southern University
- Andrew Quintana, University of Texas at Austin
- Shahzad Ramzan, University of Texas at Dallas
- Mohammad Raza, University of Texas at Dallas
This year, the program received 286 eligible applications. The recipients, who were selected through a rigorous process designed to ensure students possessed first-rate academic and leadership, included students in both undergraduate and graduate level accounting programs who maintained a minimum 3.3 grade point average. To qualify, all students must plan on pursuing the CPA licensure.
A complete list of the 2012-2013 AICPA minority scholarship recipients is available on the AICPA website.
States with the most scholarship recipients this year are Texas with ten, Florida with seven, and tied are New York and North Carolina with 6.
Scholarship funding is provided by the AICPA Foundation with contributions from the Accounting Education Foundation of the Texas Society of CPAs, the New Jersey Society of CPAs, and Robert Half International.
In total, the AICPA Foundation awarded $254,500 to the scholars. The majority of students received individual awards of $3,000 to fund expenses related to their pursuit of an accounting degree. Thirteen students were selected as recipients of designated, special awards (see sidebar).
The application deadline for the 2013-2014 AICPA minority scholarship program is April 1, 2013.
The AICPA Scholarship for Minority Accounting Students program began in 1969 with the aim to increase the ethnic diversity within the CPA profession. Since the program's inception, the AICPA has awarded approximately $14.6 million.
Recently, the AICPA announced the creation of the National Commission on Diversity & Inclusion to serve as the champion of diversity within the accounting profession and increase the retention and advancement of underrepresented minorities to better reflect the clients and communities CPAs serve.
To learn more about the AICPA Scholarship for Minority Accounting Students and other scholarship opportunities, visit www.aicpa.org/scholarships.
- Lights. Camera. Action! AICPA Project Innovation
- AICPA Awards $233,300 to Seventy-Eight Minority Accounting Students
You may like these other stories...
The Penn State Smeal College of Business is offering a new concentration of courses for accounting majors interested in entering careers in corporate accounting and financial management immediately upon earning their...
CFOs are having a tough time filling vacancies quickly in their accounting and finance departments, according to a new survey from staffing services firm Robert Half.Open staff-level positions in accounting or finance take...
For the first time in the five-year history of Vault.com’s rankings of the top 50 accounting firms to work for in North America, a firm has held the top spot as best accounting employer for two consecutive years....
Upcoming CPE Webinars
In this session Excel expert David Ringstrom, CPA introduces you to a powerful but underutilized macro feature in Excel.
This material focuses on the principles of accounting for non-profit organizations' revenues. It will include discussions of revenue recognition for cash and non-cash contributions as well as other revenues commonly received by non-profit organizations.
During the second session of a four-part series on Individual Leadership, the focus will be on time management- a critical success factor for effective leadership. Each person has 24 hours of time to spend each day; the key is making wise investments and knowing what investments yield the greatest return.
This material focuses on the principles of accounting for non-profit organizations’ expenses. It will include discussions of functional expense categories, accounting for functional expenses and allocations of joint costs.