Master of Professional Accountancy Scholarships

The 5^th year scholarship has changed and is now open to students who meet the following criteria:

The purpose of the TBA Accounting Student Scholarship Program is to provide financial assistance to students intending to take the CPA examination as Texas applicants and ultimately to serve the residents of this state.

Who Can Apply?

The duration of the scholarship program shall be a maximum of three years and available to students who:

• Are classified as residents of Texas
• Are enrolled at a participating college or university in Texas that offer a comprehensive accounting and business program that meets the education requirements of the Board
• Are enrolled at least half-time majoring in accounting and attending consecutive semesters or in the final semester of the degree
• Have filed an Application of Intent to take the CPA examination with the Board
• Have completed 15 semester hours of upper-level accounting coursework at the beginning of the term in which the award is being made
• Are deemed to be making satisfactory academic progress
• Have registered for the Selective Service or are exempt from this requirement
• Demonstrate financial need
• Have not met the education requirements for certification in Texas as a CPA

TBA Accounting Student Scholarship Program – Application Deadlines

Each college or university establishes its own deadline for students to submit the TBA Accounting Student Scholarship application.

The Board allows colleges and universities to request funds for a student who meets the requirements for a TBA Accounting Student Scholarship during the following times.

Fall Semester awards               September 15 through December 15 

Spring Semester awards          January 15 through May 15

Summer Semester awards       May 15 through June 15

TBA Accounting Student Scholarship Program – Important Notes

1. Students must meet the education requirements before a TBA Accounting Student Scholarship award may be given.
2. Students must submit a complete Application of Intent to TBA and must have received an acknowledgment letter from the Board.
   (The Application of Intent is valid for two years.)
3. Students must meet the definitions for "financial need" at the institution they are attending.

Application of Intent

TBA Accounting Student Scholarship ApplicationPDF

Your Application for the TBA Accounting Student Scholarship will be submitted to the Financial Aid Department on your behalf by the Department of Accounting after it is approved by the accounting director or dean. If an award is made, you will be asked to sign an acceptance letter for the award confirming that you continue to meet the requirements for the award.

The generosity of Texas CPAs allows the Foundation to fund scholarships to Texas college students. Recipients are accounting majors at a Texas college or university and have the intent of becoming a Texas Certified Public Accountant and entering the accounting profession upon graduation. They must have a high cumulative college GPA and perform well in accounting classes. Recipients receive $2,500 for the academic year. Read more on Tx CPA Scholarships.
Download the 2024 Scholarship Application

To be considered for an Accounting Education Foundation scholarship, a student must:

• Attend an eligible college or university in Texas and be nominated by the chairperson of the accounting department of that school.
• Be an accounting major with the intent of becoming a Texas Certified Public Accountant and entering the accounting profession upon graduation. The student is expected to be enrolled as a full-time college student (at least 12 semester credit hours each semester for undergraduate students/at least 9 semester credit hours each semester for graduate students).
• Have satisfactorily completed at least 110 semester credit hours of college-level courses by August 31 of the year of application and graduate no earlier than spring semester of the same year.
• Have completed 21 semester credit hours of accounting courses required of accounting majors with a grade of B or better in each course by August 31 of the application year.
• Have an Accounting GPA of 3.6 or more on a 4.0 scale.
• File an Application of Intent to sit for the CPA Exam with the Texas State Board of Public Accountancy.

The AICPA has supported accounting students for more than 130 years by offering educational funding for accounting college students aspiring CPA licensure and for CPAs pursuing their Ph.D. The AICPA Foundation awards more than $1 million in scholarships, grants and fellowships to hundreds of students each year, with recipients receiving on average $5,000 towards their education. For access to a national scholarship search for currently enrolled accounting students, visit https://thiswaytocpa.com/education/scholarship-search/.

Through donors, ALPFA has the opportunity to assist college students and alleviating the financial obligations of their degree through scholarships (Premium Student Members Only). For eligibility guidelines and application deadlines, go to this link: https://www.alpfa.org/scholarships

The PCAOB Scholars Program seeks to benefit students who are likely to become auditors and to make a difference to students who might otherwise choose a different career path. For eligibility guidelines and more information, go to this link: https://pcaobus.org/about/scholars-program.