The purpose of the AccountingWEB Accounting Student Scholarship is to encourage accounting as a major and a career choice.

1. Applicants must be full-time (as defined by their school) undergraduate students attending a college, university, or professional accounting school located in the United States.
2. Applicants must have already completed at least one full-time semester or two full-time trimesters of college.
3. Applicants must have a declared major of accounting, effective for the fall of 2010.
4. Applicants must be undergraduates when applying and will be undergraduates in the fall of 2010.
5. Applicants must be United States citizens.
6. Students in an accredited two-year college may apply during their second year of college if they are transferring to a four-year college in the fall of 2010 and are committing to a major in accounting.
7. Applicants must submit an original essay, not to exceed 500 words, on the selected topic. The topic for the 2010 AccountingWEB Accounting Student Scholarship is "The Role of Accountants in Social Media." The essay should include original ideas on how accountants can incorporate various aspects of social media into their careers.

1. The filled-out application must accompany the essay.
2. The essay must be typed.
3. An official transcript must be enclosed.
4. The application package, including the application, the essay, and the transcript, must be postmarked by midnight Eastern Standard Time, June 15, 2010, and mailed with correct postage to:

5. The three winners will be notified in July, 2010.
6. The three winners will be announced on AccountingWEB.com in July, 2010.
7. All essays become the property of AccountingWEB.
8. Applicants give AccountingWEB permission to publish scholarship essays with the name and school of the author.
9. The scholarships will be payable to the education institution at which each of the winning students is in attendance.
10. Note that the IRS has rules regarding the taxability of scholarships. Each recipient of AccountingWEB scholarship funds is responsible for determining how the tax law applies to his or her particular circumstances. Winners will not receive a W-2 or 1099 form for this scholarship.