Illinois CPA Society Offers Future CPAs Scholarships

The Illinois CPA Society has announced its annual Accounting Scholarship Program. The Society also announced two additional scholarship programs – the Herman J. Neal Scholarship Program and the Women’s Executive Committee’s Advancing Women in Accounting Scholarship.

The Accounting Scholarship Program awards up to six scholarships of up to $4,000 each to outstanding accounting students and planning to become CPAs, who demonstrate both academic achievement and financial need. Applicants to this program must be a U.S. citizen residing in Illinois and enrolled in an Illinois college or university, have completed four years of education by August 31, 2006, having at least a 3.0 grade point average and be planning to sit for the CPA Exam in Illinois within three years of the application date as demonstrated by their course of study.


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The Herman J. Neal Scholarship Program will award three scholarships of up to $4,000 each to African-American students having primary residence in Illinois and who is enrolled in an Illinois college or university as a junior, senior or graduate student and maintaining a 3.0/4.0 grade point average.

The Women’s Executive Committee’s Advancing Women in Accounting Scholarship will award one scholarship of up to $4,000 to a woman residing in Illinois who is maintaining at least a 3.0 grade point average at an Illinois college or university and is planning to sit for the certified public accountant (CPA) Exam within three years of the application date.

The CPA Endowment Fund of Illinois provides support for all three scholarship programs. Launched in 1998, the Fund supports Illinois CPA Society programs that attract students to the CPA profession and to support individuals with financial needs once they have decided to become CPAs. Members of the Illinois CPA Society established and have contributed generously to the Fund ensuring a strong future for the CPA profession.

Applications and additional information for all three scholarship programs is available by contacting Rachel Lewis, scholarship coordinator, at 312-993-0407 ext. 216 or online at www.FutureCPA.org. Applications must be postmarked or received by the Illinois CPA Society by Wednesday, November 30, 2005. Scholarship Recipients will be announced by March 30, 2006.

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