Four-Year Scholarships

The NJCPA Scholarship Fund awards scholarships to high school seniors who plan to major in accounting based on their academic standing, standardized test scores and an essay. These $7,000 scholarships are presented over four years.  

The scholarship program is open to all New Jersey high school seniors planning on majoring in accounting.

Scholarships are awarded based on academic performance, an essay and personal interview. 

Learn more about the NJCPA Scholarship Fund

Questions? 

Contact Lauren Walsh at lwalsh@njcpa.org or 973-226-4494 x224.

Application Form

Applications for the 2017 scholarship will be available in the fall of 2016.
Before completing the application form, you will need to:
  • Prepare a 500-word essay on the following topic: Which areas of accounting interest you the most and why? Your essay must also discuss your personal strengths and how they will assist you in this area(s). Write and proofread your essay, and then copy and paste it into the application.
  • Read and accept the rules below

Rules

  1. ELIGIBILITY

    A person must intend to begin the study of accounting as a major in the school year following the one in which the application was submitted. The person must be a U.S. citizen or lawfully admitted for permanent residence, and a NJ resident attending, or just recently graduated from, a NJ high school. This person must:

    1. Be a high school senior at an NJ high school planning to enter a U.S. college/university.
    2. Major or have a concentration in accounting in college which results in 24 credits in accounting.
    3. Have a GPA of 3.00 or above OR a minimum combined critical reading, math and essay SAT score of 1500 OR minimum average ACT score of 23. The guidance department must supply both the GPA and either the SAT or the ACT scores.
  2. INSTITUTION OF LEARNING

    To receive the scholarship, the individual must be accepted into:

    1. A four-year U.S. college or university
    2. A two-year college - If planning to attend a U.S. two-year college, a letter of intent signed by the student and his/her parents/guardian stating that he/she plans to continue the last two years of his/her education with accounting as a major must be submitted.
  3. APPLICATION DEADLINE

    COMPLETED APPLICATIONS MUST BE RECEIVED BY TBD for 2017 TO QUALIFY. Applications and guidance office materials postmarked after that date will not be accepted. It is the student’s responsibility to contact the NJCPA if they do not receive a confirmation of their completed application within two weeks after submission. A completed application must include:

    1. Application form with all required fields completed
    2. Essay
    3. Guidance Department copy of standardized test score, grade point average and class rank (if available). GUIDANCE MATERIALS MUST BE SENT DIRECTLY FROM THE GUIDANCE DEPARTMENT AND RECEIVED BY TBD for 2017.
  4. RULES GOVERNING THE INTERVIEW

    All finalists are required to attend an interview on TBD for 2017, at the NJCPA offices in Roseland, New Jersey. The snow date is TBD for 2017. There will be no make-up date.

  5. STUDENT PROGRAMS AND SCHOLARSHIP COMMITTEE

    The NJCPA Student Programs and Scholarship Committee will determine answers to any questions that may arise as to eligibility, participation or selection of winners. In all cases, the committee’s decisions are final. Scholarships are awarded based on application information and personal interview and only to those applicants who intend to enroll with a major in accounting.

  6. DUPLICATE SCHOLARSHIPS

    In the event a winner also receives a scholarship from another source, which he or she stands to lose as a result of winning an NJCPA Scholarship, the Student Programs and Scholarship Committee may, at the recipients request, withdraw or reduce the amount of the award.

  7. NOTIFICATION OF RESULTS

    A list of award winners will be sent to applicants in March 2017.

  8. ADMINISTRATION OF AWARDS

    Awards are paid annually directly to the college/university and pro-rated over four years. After the first academic year, payment is contingent upon the receipt of the student’s transcript or other official documentation from the school, specifying that he or she has enrolled in the accounting curriculum and is maintaining the required grade point averages.

  9. MAINTENANCE OF GRADE POINT AVERAGE (GPA)

    A 2.75 GPA or better is required for the first year, and a 3.00 GPA or better in each of the second and third years, AND a cumulative 3.20 GPA or better overall at the end of the third year.

  10. INTERRUPTION OF EDUCATION

    A student has six years from the start of his or her education to graduate, or eight years in the case of a part-time student. If part of the education is other than full-time, the award will be prorated.

  11. CHANGE IN MAJOR

    If the major is changed, the scholarship terminates at the time of change.