Fellowships & Scholarships

Other Financial Aid

Accountancy Board of Ohio Tier One Scholarship
The Tier One scholarship program focuses on encouraging minorities and financially disadvantaged students (Ohio residents) to enter the accounting profession. Financial need is calculated based on the FAFSA criteria; you need to submit financial need information with the Tier One application. If interested in these scholarships, apply directly to the Accountancy Board of Ohio. Students can apply for Tier One financial assistance beginning their sophomore year; funds become available for disbursement upon a student's registration for the fifth year of the academic program. Please refer to the Accountancy Board's Web site for detailed information and application forms.

Regents Graduate/Professional Fellowship Program
About 70 Ohio scholars receive Regents Fellowships each year with at least one fellowship awarded to a senior from each eligible Ohio public and private college/university submitting candidates for consideration. Fellowships provide $3,500 each year for two years of full-time graduate/professional study. Ohio resident students with outstanding academic achievement (rank among top of class or the percentile placement on GMAT must be at least 90) are encouraged to apply. For further information and application forms, contact the Graduate School (513-529-4125).

Graduate Grants-in-Aid
The graduate grants-in-aid, which waive the instructional fee and out-of-state tuition surcharge (if applicable), are available for full-time graduate students with a minimum of 3.0 GPA. There are no stipend payments and no required duties. You must submit an application (which includes a financial statement), a one-page educational goals and career statement, and two letters of recommendation. Preference is given to first-time degree seeking students, and the grants-in-aid are awarded based on merit and financial need. Applications are available through the Graduate School (513-529-4125). The deadline for applying is March 1. There is a separate application for summer term.

AICPA Scholarships for Minority Accounting Students
AICPA will award scholarships of up to $5,000 to minority accounting students showing significant potential to become certified public accountants. Scholarships are available to full-time minority undergraduate or graduate accounting students. Eligible applicants are minorities of Black, Native American/Alaskan Native, Hispanic, or of Pacific Island races who are U.S. citizens. Further information can be found on the AICPA Web site.

Federal Student Loans and Work Study
Qualified students may obtain federally guaranteed student loans and participate in the Federal College Work-Study Program. To be considered for these programs, you need to complete a FAFSA form. The FAFSA forms will be available in the Office of Student Financial Assistance (OSFA) by the end of December; you can submit completed forms beginning January 1. You can also download the form from the OSFA Web site. If you have any questions regarding the FAFSA form, contact OSFA (513-529-8734).

Other Loans
Small short-term loans, supported by funds donated by alumni, faculty, and friends of the university are also available. Contact the Graduate School (513-529-4125) for further information.

External Scholarships and Grants
There are other organizations that have money available for students seeking financial assistance to help finance MAcc degrees. Some students have found success using free scholarship search engines such as the ones located at fastweb.com, wiredscholar.com, finaid.org, and srnexpress.com. The common theme appears to be "apply early and often."

MAcc Scholarships

Accountancy Department Fellowship and Graduate Assistantships
All applicants to the MAcc program will be considered for either the fellowship or one of the assistantships. You DO NOT need to complete the application for financial award form as mentioned on the Graduate School's website. The fellowship provides a stipend plus an instructional fee waiver; no duties are required. The graduate assistantships provide a stipend and instructional fee waiver and involve eight hours/week of work. The fellowship and assistantships are awarded based on merit or merit and financial need. Decisions on these awards will be made by the accountancy department after March 1.

Accountancy Department Scholarships
The Department of Accountancy awards many different scholarships from funds provided by alumni, firms/corporations, and friends of the department. These scholarships are awarded to students based on merit and/or demonstrated financial need. Again, all applicants to the MAcc program will be considered for our scholarships. You DO NOT need to complete the application for financial award form as mentioned on the Graduate School's website.

Note: To be considered for any of the financial need-based awards, you need to complete a Free Application for Federal Student Aid (FAFSA) form. The FAFSA forms will be available in the Office of Student Financial Assistance (OSFA) by the end of December; you can submit completed forms beginning January 1. You can also download the form from the OSFA Web site. If you have any questions regarding the FAFSA form, contact OSFA (513-529-8734). We advise you to complete the FAFSA forms as soon as possible to allow for the four to six-week processing time.