Upper Classman Scholarship
The Foundation for Aspiring Minority Accountants, Inc. awards scholarships to selected African-American, Hispanic, and Asian descent in the third or fourth year of their undergraduate degree majoring in the field of accounting.
Upper Classman
The Foundation for Aspiring Minority Accountants, Inc. (FAMA) aims to bridge the gap and increase representation in minority communities and the field of accounting. Our ultimate goal is to open doors of opportunity for BIPOC students in the world of accountancy as we advance the field into the 21st century.
The Foundation for Aspiring Minority Accountants, Inc. will be awarding scholarships to selected eligible African-American, Hispanic, and Asian descent in the third or fourth year of their undergraduate degree majoring in the field of accounting.
Requirements
𝐄𝐥𝐢𝐠𝐢𝐛𝐢𝐥𝐢𝐭𝐲 𝐑𝐞𝐪𝐮𝐢𝐫𝐞𝐦𝐞𝐧𝐭𝐬:
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Applicant must be an African-American, Hispanic, and/or Asian student
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Applicant must be in the third or fourth year of their undergraduate degree and reside in the USA
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Applicant must major in Accounting at the college/university
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Applicant must have a GPA ≥ 3.0 on a 4.0 scale
𝐌𝐞𝐧𝐭𝐨𝐫𝐢𝐧𝐠 𝐀𝐩𝐩𝐥𝐢𝐜𝐚𝐭𝐢𝐨𝐧 𝐏𝐚𝐜𝐤𝐞𝐭 𝐑𝐞𝐪𝐮𝐢𝐫𝐞𝐦𝐞𝐧𝐭𝐬:
The applicant will be required to submit an application form, three (3) letters of recommendation, a photo, and write an essay to be considered for the scholarship. An offical transcript will also be required.
𝐓𝐡𝐞 𝐞𝐬𝐬𝐚𝐲 𝐦𝐮𝐬𝐭 𝐢𝐧𝐜𝐥𝐮𝐝𝐞 𝐚𝐧𝐬𝐰𝐞𝐫𝐬 𝐭𝐨 𝐭𝐡𝐞 𝐟𝐨𝐥𝐥𝐨𝐰𝐢𝐧𝐠 𝐪𝐮𝐞𝐬𝐭𝐢𝐨𝐧𝐬:
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Statistics show that in 2019 less than one-third of newly employed accounting, tax, bookkeeping, and payroll service professionals were minorities. (University of North Dakota, 2022)
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What are some benefits and challenges you might face entering the accounting or business field as a minority?
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What are some ways you can help promote diversity in the field of accounting or business?
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The essay should be double-spaced and a minimum of five hundred (500) words.
𝐋𝐞𝐭𝐭𝐞𝐫 𝐨𝐟 𝐑𝐞𝐜𝐨𝐦𝐦𝐞𝐧𝐝𝐚𝐭𝐢𝐨𝐧 𝐅𝐫𝐨𝐦 𝐄𝐚𝐜𝐡 𝐈𝐧𝐝𝐢𝐯𝐢𝐝𝐮𝐚𝐥:
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An undergraduate faculty member; written on the school’s original letterhead (and)
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A community service organization; written on the organization’s original letterhead (and)
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A personal recommendation from someone other than a relative
Deadline and Process
𝐀𝐩𝐩𝐥𝐢𝐜𝐚𝐭𝐢𝐨𝐧 𝐃𝐞𝐚𝐝𝐥𝐢𝐧𝐞:
The completed application and supporting documents must be submitted by 𝐒𝐚𝐭𝐮𝐫𝐝𝐚𝐲, 𝐀𝐩𝐫𝐢𝐥 𝟖, 𝟐𝟎𝟐𝟑 to be considered for the scholarship.
After this date, no applications will be accepted.
𝐒𝐞𝐥𝐞𝐜𝐭𝐢𝐨𝐧 𝐏𝐫𝐨𝐜𝐞𝐬𝐬:
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The FAMA Scholarship Committee will review each application received by the deadline
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The FAMA Scholarship Committee will choose applicants to advance to the interview
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The FAMA Scholarship Committee will interview each chosen applicants
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The FAMA Scholarship Committee will select the winner of the Upper Classman Scholarship
