About the North Carolina CPA Foundation

The North Carolina CPA Foundation Inc. was established to further facilitate the association’s philanthropic efforts. The Foundation plays a major role in accomplishing the association’s mission of supporting CPAs and the accounting profession in North Carolina. Through the generous donations of NCACPA members, the Foundation provides numerous scholarships to aid North Carolina college students. The Foundation also provides a monetary award to the winner of the association’s annual Outstanding Educator Award.

Early in your professional journey, it’s highly likely that someone gave you a helping hand. Whether it was in the form of references, encouragement, or financial aid—you might not have achieved as much without the help of others. Make that same generosity your legacy by giving hope to the next generation of CPAs. Your tax-deductible donation to the North Carolina CPA Foundation will make a difference in the lives of aspiring CPAs across the state. Give the gift that keeps on giving—make a donation to the Foundation today!

Make a Difference

Contribute in a variety of ways (online, personal check, fillable PDF) to the NC CPA Foundation Inc. to provide deserving students with future scholarships.

If you would like to make a Foundation contribution, you may call our Member Services Center at 800-722-2836.

 Or, you can send a personal check to:
NC CPA Foundation Inc.
PO Box 80188
Raleigh, NC 27623
You can also fill out this PDF form and send in to the above address.

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About the Scholarships

Free Student Membership

All qualified applicants will be automatically offered a complimentary one-year membership with the Association.

Scholarships Awarded

Scholarships ranging from $1,000 to $5,000 will be awarded annually at the discretion of the Foundation. There is a three-year maximum limit for awards per student.

In 2016, the Foundation awarded 31 scholarships to deserving students representing 14 North Carolina colleges and universities.

How to Apply

Eligibility

To be eligible for one of the NC CPA Foundation Scholarships, you must:

  • Have resided in North Carolina for at least one year and are enrolled in an NC college or university.
  • Have completed at least one college or university-level accounting course.
  • Have completed at least 36 semester hours (or equivalent) by the start of the year in which you are applying.
  • Be enrolled in an academic program yielding a degree in accounting or its equivalent, by the time scholarship money is awarded.
  • Be sponsored by one accounting faculty member who can be contacted by the Foundation via email.
  • Have both a cumulative and accounting course-work GPA of at least a 3.0 (based on a four-point scale)
  • Complete an essay on the following topic: Why is diversity and inclusion important to the future of the CPA profession?

Essay Requirements

Your essay should be composed in Microsoft Word™ and must be no fewer than 500 and no greater than 1,000 words. Essays outside of this word count will be penalized. The essay will weigh substantially in the scholarship awarding process. The reviewers (members of the accounting education subcommittee) will consider grammar, punctuation, organization, style, content, creativity, and appropriate references or citations when applicable. Because the same reviewers see both the application and essay, do not include details in your essay that can be found in your application, as to prevent reviewers from knowing the identity of the writer. Please also refrain from using the name of your professors and college/university.

Scoring

The weight of each required component is as follows:
Essay content = 35%
Essay grammar, etc. = 35%
Extracurricular/work activities = 30%

Deadlines

Application and essay must be completed no later than 2/13/2017 at midnight. Transcripts must be postmarked by 2/13/2017.

Application

By completing the scholarship application, you certify that you have read the requirements and qualify as an eligible applicant. The application process for 2017 will open on 11/14/16.

Applications must be completed online—program opens on November 14, closing on February 13, of the new year.

Applications are only valid for one year. You may reapply to be considered for the following year’s scholarships.

Apply-now

Submission Process

Applicants must submit unofficial transcripts of all course work completed, to include the fall semester of the year of application. Transcripts should be sent after grades have been posted for the fall semester to:

North Carolina CPA Foundation Inc.
PO Box 80188
Raleigh, NC  27623
800-722-2836

OR

nccpafound@ncacpa.org