Established in the 1960s, the New Jersey Society of CPAs (NJSCPA) Scholarship Fund has grown to become the largest professional scholarship program in New Jersey. When the program was launched, the NJSCPA awarded $25 bonds to high-scoring students who sat for the CPA Exam.
The mission of the NJSCPA Scholarship Fund is to attract the best and the brightest of New Jersey students into the accounting profession; to encourage students from diverse fields to pursue an advanced education in accountancy; and to increase awareness about the opportunities provided by a CPA career path.
Over the course of its existence, the fund has supported more than 1,400 New Jersey students totaling more than $3.1 million in awards. The fund has helped to increase the number of both minorities and women who enter the profession, and many students have been first-generation college students, the first to attend college in their families.
The NJSCPA Scholarship Fund consists of:
- The High School Scholarship Program awards scholarships to high school seniors who plan to major in accounting based on their academic standing, standardized test scores and an essay. These scholarships are presented over four years and range in value from $6,500 to $10,000.
- The College Scholarship Program awards scholarships to New Jersey college juniors majoring in accounting who are entering their senior year and seniors who are entering an accounting-related graduate program, based on recommendations, transcripts and an interview. Scholarships are awarded in the amount of $5,000.