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This scholarship program provides financial assistance to liberal arts degree holders pursuing graduate studies in accounting. These awards are intended to encourage liberal arts undergraduates to consider professional accounting careers. Applicants must have obtained a liberal arts degree prior to enrolling in a graduate accounting program. Applicants must be liberal arts degree holders of a regionally accredited institution in the United States. Applicants must be accepted into, or in the process of applying to, a graduate program in accounting that will enable them to sit for the CPA Examination at a college or university whose business administration program is accredited by the AACSB - The International Association for Management Education or the Association of Collegiate Business Schools and Programs (ACBSP). Applicants must express the intention to pursue a CPA certificate. The scholarship will be awarded contingent upon the applicant's acceptance into a graduate program. Students who are already actively participating in a graduate accounting program are not eligible for the scholarship. All applicants must be U.S. citizens. Scholarship recipients must begin their graduate program within the year that the scholarship is awarded. Recipients must be full-time students throughout the period during which they receive the scholarship. The amount of the scholarship is $5,000 for one year and is renewable for an additional year of study provided satisfactory scholastic progress is maintained. Recipients of Carey Scholarships are not precluded from accepting other scholarships or awards. Recipients are selected by the John L. Carey Scholarship Task Force. Up to seven scholarships are awarded each year. The selection is based on demonstrated outstanding academic achievement, leadership and future career interests. All application materials must be received by the AICPA by April 1. The AICPA cannot be responsible for materials that are lost or delayed in the mail.

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