NJCPA Scholarship Applications Open

Marking its 65th year of scholarship distribution, the New Jersey Society of CPAs (NJCPA) is now accepting applications for its accounting scholarships. Collegebound New Jersey high school seniors, as well as sophomore, junior and senior accounting students at New Jersey colleges or universities, and select students from under-resourced or historically underrepresented communities, are encouraged to apply at njcpa.org/scholarships .

Scholarships for High School Seniors

New Jersey high school seniors who intend to major in accounting or obtain a concentration in accounting at a four- or two-year institution can apply for $1,500 awards.

Scholarship for College Sophomores, Juniors and Seniors

Juniors majoring in accounting who are entering their senior year at a New Jersey college/university and seniors who are enrolling in an accounting-related graduate program in New Jersey can apply for $6,500 awards.

College sophomores or second-year students at New Jersey community colleges who are continuing their education at a four-year college in the fall are encouraged to apply for $2,000 awards.

Scholarships Funded by the Deloitte Foundation

Through the generosity of the Deloitte Foundation, the NJCPA Scholarship Fund is awarding three types of one-year scholarships for select students from under-resourced or historically underrepresented communities: y College-bound New Jersey high school seniors who intend to major in accounting or obtain a concentration in accounting at a four- or two-year institution. Awards are $1,500 each. y College sophomores or second-year students who are enrolled in an accounting program or have a concentration in accounting at a New Jersey college. Awards are $2,000 each. y College juniors majoring in accounting who are entering their senior year at a New Jersey college/university and seniors who are enrolling in an accounting-related graduate program in New Jersey. Awards are $6,500 each.

Qualifications and Deadlines

Students applying for the high school scholarships must have a cumulative 3.2 grade point average or minimum 1260 SAT OR 26 ACT score (if taken). The application deadline is Dec. 9, 2024.

Applicants for the college scholarships must apply by Jan. 7, 2025, have a 3.2 GPA by the end of the fall 2024 semester and be a New Jersey resident. Sophomore college applicants must have at least three accounting credits completed by the end of the fall 2024 semester and a total of six accounting credits by the end of the spring 2025 semester, while junior or senior college applicants must have at least 12 accounting credits by the end of the spring 2025 semester.

“We look forward to rewarding many deserving accounting students this year and encourage everyone to apply. We are consistently impressed by the achievements of these students and their commitment to entering the profession,” said Angela Garofalo, CPA, CFP®, president of the NJCPA Scholarship Fund and a partner at Citrin Cooperman.

Aiysha (AJ) Johnson, MA, IOM, CEO and executive director at the NJCPA, added, “The NJCPA strives to be a resource for CPAs and accountants through all levels of their career. We are encouraged by the next generation looking to set their mark on the profession and thankful for our member donations.”