Scholarships

Find need- and merit-based awards to put toward your accounting education.

Scholarships

Interested in scholarships?

Accounting and pre-accounting majors can apply for department scholarships to be awarded for academic year 2019-2020 from Dec. 1, 2018 through Jan. 15, 2019, except as noted below for the Accounting Advisory Board Scholarships.

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Many other College of Business and Economics and university-wide scholarships may be available to you.  

See all scholarships for which you are eligible (sign-in required)

 Accounting Scholarship for Incoming Freshmen

The Accounting Advisory Board Scholarship is open to incoming freshman who intend to pursue a career in accounting. The scholarship is renewable. Applications for initial awards for academic year 2019-2020 can be submitted through March 1, 2019. Your application must include a current resume, unofficial transcript, an essay, and a letter of recommendation.

Accounting Department Scholarships for Current Students

The accounting department awards the following scholarships to current students with an accounting major who meet the other requirements.

ACCOUNTING ALUMNI SCHOLARSHIP

The Accounting Alumni Scholarship is open to continuing sophomore, junior, senior, graduate, and second bachelor's degree students majoring in accounting who have an overall GPA of 3.0.  Full-time and part-time students can apply. Preference given to those who demonstrate financial need.

Deloitte Scholarship in Accounting

The Deloitte Scholarship in Accounting is open to continuing sophomore, junior or senior students majoring in accounting who have an overall GPA of 3.40. A statement of professional goals is required. Preference given to a Maryland resident, and all else being equal, financial need. Eligible students must submit at least one faculty recommendation.

DEPARTMENT  OF ACCOUNTING General SCHOLARSHIP

The Department of Accounting General Scholarship is open to continuing sophomore, junior, senior, graduate, and second bachelors students majoring in accounting who have an accounting GPA of 2.70 and an overall GPA of  2.30 or better (transferred grades will not be used in GPA determinations). Active involvement in student organizations (especially BAP, NABA or TUSA), volunteer or community service activities, and any accounting internships are also taken into consideration.

Ellin & Tucker Scholarship

This scholarship is open to junior students who have been admitted to the accounting major during their junior year and maintain a GPA of 3.0 or higher in their major and overall. A separate application form (PDF) and nomination by a professor within the College of Business and Economics is required. Other conditions apply.

KENNETH AND RENEE MORELAND ACCOUNTING SCHOLARSHIP

The Kenneth and Renee Moreland Accounting Scholarship awards full-time meritorious students with a declared major in accounting who have an overall GPA of 3.0 and a GPA of 3.5 in accounting courses. 

Renewals of the Accounting Advisory Board Scholarship

Available only to current Accounting Advisory Board Scholarship Recipients

Renewal applications for academic year 2019-2020 can be submitted through June 1, 2019. In order to qualify for the scholarship renewal, recipients must:

  • Maintain a minimum 3.0 GPA for required accounting classes with no grade less than a “C” and 3.0 overall GPA.
  • Have taken at least two Accounting courses during the previous academic year.
  • Pursue a full-time course load (i.e., complete a minimum of 12 credits overall) during both Fall & Spring terms of the academic year covered by this scholarship.
  • Maintain continuous enrollment and progress toward the graduation requirements for the bachelor’s degree in accounting.
  • Have a history of participation in student organizations, volunteer activities, internships, community or international service projects during the college experience (provide current resumé).

Your renewal application must include current versions of your resumé and unofficial transcript.

SC&H EXCELLENCE IN ACCOUNTING SCHOLARSHIP

The SC&H Excellence in Accounting Scholarship is open to continuing sophomore, junior, senior and graduate students majoring in accounting who have an accounting GPA of 2.70 and an overall GPA of  2.30 or better (transferred grades will not be used in GPA determinations). Leadership positions or active involvement in student organizations, volunteer or community service activities, and any accounting internships are also taken into consideration.  

National & Regional Accounting Scholarships

The American Institute of Certified Public Accountants (AICPA) offers a variety of need- and merit-based scholarships for students across the country. Explore AICPA scholarships.

The Public Company Accounting Oversight Board (PCAOB) is a nonprofit corporation established by Congress to oversee the audits of public companies in order to protect investors and the public interest. It offers merit-based scholarships to students who are nominated by accredited U.S. colleges and universities that award bachelor's or master's degrees in accounting. PCAOB uses a statistical process to select educational institutions that are eligible to provide student nominations annually. Schools selected as nominating institutions in a given year are not considered for selection for the next five years or until all institutions in the respective group have been selected, whichever occurs first.  Towson University was selected as a nominating institution during 2018.  Explore the PCAOB scholarship.

The Maryland Association of CPAs (MACPA) Educational Foundation provides scholarships to eligible accounting majors at any Maryland college or university. Explore the MACPA scholarship.

The Institute of Management Accountants (IMA®) provides scholarships to accounting majors nominated by a faculty member.  Explore the CMA scholarship. IMA also provides additional scholarship and award opportunities through the IMA Memorial Education Fund (MEF) Scholarship and the Stuart Cameron & Margaret McLeod Memorial Scholarship (SCMS).

The Educational Foundation for Women in Accounting (EFWA), which partners with the Institute of Management Accountants, has three annual scholarships that are awarded to women at the undergraduate, graduate, and postgraduate levels and include CMA exam fees and IMA membership. Explore the EFWA scholarship

The Institute of Internal Auditors (IIA) Baltimore Chapter provides scholarships to undergraduate and graduate students pursuing degrees in accounting, finance, information systems, or other business-related fields.  Explore the IIA scholarships.