NJCPA Awards Accounting Scholarships

 – April 5, 2021
NJCPA Awards Accounting Scholarships

Rutgers, Rider University and The College of New Jersey Receive the Highest Number of Awards 

The New Jersey Society of CPAs (NJCPA) Scholarship Fund granted approximately $230,000 in scholarships to New Jersey high school and college students in March. More than 160 students applied, with 36 college students and 13 high school students selected. Due to COVID-19 restrictions, winners received their awards by mail in lieu of a ceremony.

College recipients, who will receive $6,500 each, are accounting students at New Jersey colleges or universities who are currently in their junior year or in their senior year and entering an accounting-related graduate program. This year’s winners attend Fairleigh Dickinson, Montclair State University, Ramapo College of New Jersey, Rider University, Rowan University, Rutgers University, Seton Hall University, The College of New Jersey and William Paterson University of New Jersey.

High school award winners, who will receive $1,500 each, are college-bound New Jersey high school seniors intending to major in accounting or obtain a concentration in accounting. Recipients are from the following high schools: Buena Regional High School, Burlington Township High School, Jackson Memorial High School, Morris Knolls High School, Northern-Vly Region-Old Tappan High School, River Dell Regional High School, Sayreville War Memorial High School, Shore Regional High School, South Brunswick High School, Washington Township High School and Wayne Hills High School.

In addition, five awards on behalf of the American Institute of CPAs (AICPA)/National Association of Black Accountants (NABA) were distributed as well as several awards in honor of a particular person or company.

The following companies had an award presented in their name from this year’s Scholarship Fund:

  • Bowman & Company LLP  
  • CohnReznick LLP  
  • EisnerAmper
  • Frazer, Evangelista & Company, LLC                     
  • Mazars USA LLP 
  • Smolin, Lupin & Co. P.A.  
  • Untracht Early LLC
  • WilkinGuttenplan  
  • WithumSmith+Brown

“The scholarships are a great way to encourage young professionals to pursue a career in accounting and to assist with some of the financial burdens in getting there,” said Chris Lovasz, CPA, president of the NJCPA Scholarship Fund and managing director at Deloitte & Touche LLP. “Giving back to the next generation of CPAs is extremely rewarding.”

“It is my pleasure to acknowledge such worthy individuals and the hard work they have put into their studies. They will truly be a benefit to the accounting profession, and we are pleased to be able to assist them in this way,” added Ralph Albert Thomas, CPA (DC), CGMA, CEO and executive director at the NJCPA. “We are truly grateful to our members’ and benefactors’ generous donations to make these awards a reality.”

The NJCPA Scholarship Fund has awarded more than $7 million since inception to students who meet academic, test score, essay and personal interview qualifications. The fund has supported more than 1,700 New Jersey students on their way to becoming CPAs. NJCPA members also assist by reading essays and/or conducting interviews during the selection process.

For a complete list of this year’s winners in each scholarship category, click here.