Award Amount: Awards of varying amounts have been given to accounting students. Minimum and maximum awards are determined by the Texas State Board of Public Accountancy with the assistance of the Fifth-Year Accounting Student Scholarship Program Advisory Committee. The minimum award per semester is usually $1,500 and the maximum lifetime award is usually $7,500.
Funds are limited and are given on a first-come, first-served basis. Once funds have been exhausted for the academic year, no additional funds will be available until the following academic year.
Repayment of the Award: A student who receives an award from the Fifth-Year Accounting Student Scholarship Program and who does not take at least one section of the CPA examination administered by the Texas State Board of Public Accountancy within three years of submitting the Application of Intent is required to reimburse the Board, on demand, for all funds the student received from this scholarship program.
! Fifth Year Accounting Students Scholarships flyerPDF
The Program is Available to Students Who:
- Are classified as residents of Texas
- Are enrolled at a participating college or university in Texas, including the four community colleges (Austin Community College, Houston Community College, Lone Star College and Mountain View College) that offer a comprehensive accounting, business, and ethics program that meets the education requirements of the Board
- Are enrolled at least half-time
- Have filed an Application of Intent to take the CPA examination with the Board
- Have completed a baccalaureate degree or at least 120 hours of college course work, including 15 semester hours of accounting, at the beginning of the term in which the award is being made
- Has no more than 30 semester hours remaining of course work to meet the following education requirements to take the CPA exam:
- 150 semester hours of college credit;
- 30 semester hours of upper level accounting courses;
- 24 semester hours of upper level business courses; and
- 3 semester hours of a Board-approved ethics course
- Are deemed to be making satisfactory academic progress
- Have not already been approved for or taken the CPA examination
- Have registered for the Selective Service or are exempt from this requirement
- Demonstrate financial need by completing a financial aid application with UHD.