The New Jersey Society of CPAs awards $221,500 in accounting scholarships

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The New Jersey Society of CPAs awards $221,500 in accounting scholarships

The New Jersey Society of CPAs awards $221,500 in accounting scholarships

10 Receiving the Deloitte Foundation NJCPA Scholars Awards

ROSELAND, NJ — The New Jersey Society of Certified Public Accountants (NJCPA) awarded $221,500 in scholarships to 53 undergraduate and graduate students from New Jersey high schools and colleges on April 27 at Pines Manor in Edison. Out of 146 applicants, the NJCPA Scholarship Fund awarded scholarships to 35 undergraduates and 18 high school students.

Each of the students received between $2,000 and $6,500. Winners had to be accounting students at colleges or universities in New Jersey who are currently in their junior or senior year entering an accounting-related graduate program.

Award recipients attend the following colleges and universities: The College of New Jersey, Fairleigh Dickinson University, Georgian Court University, Kean University, Monmouth University, New Jersey Institute of Technology, Ramapo College of New Jersey, Rider University, Rowan University, Rutgers University, The University St. Peter’s, Seton Hall University and William Paterson University in New Jersey.

Eighteen high school students who are college-bound and intend to major in accounting or concentrate in accounting received $1,500 each.

Eight of the high school winners and two of the college winners received the Deloitte NJCPA Foundation Scholar Award. As part of a pilot program, the scholarships were created to open doors to the accounting profession for high school seniors in New Jersey who are racially or ethnically diverse and are considering accounting as their college major. Deloitte scholarship winners are from six New Jersey high schools: Dwight Morrow High School, Rahway High School, Sayreville War Memorial High School, West Orange High School, Union High School and Williamstown High School. The two college winners were from Saint Peter’s University and Seton Hall University.

Other high school winners were from the following schools: Manalapan High School, Millburn Senior High School, Montville Township High School, Park Ridge High School, Parsippany Hills High School, Ridgefield Park Junior/Senior High School, Washington Township High School, Wayne Valley High School and West Deptford High School.

“We are extremely pleased to present these awards. The scholarship program is designed not only to financially support students, but also to motivate them to pursue accounting careers,” said Henrietta Fuchs, CPA, president of the NJCPA Scholarship Fund, a partner at CohnReznick LLP and a former scholarship herself.

“It is rewarding to be among such enthusiastic students who are on their way to becoming our future CPAs and accounting professionals,” said Ralph Albert Thomas, CPA (DC), CGMA, CEO and Executive Director of the NJCPA. “The generosity of our members and corporate benefactors is second to none.”

The scholarships also include the following “in the name of” awards honoring past and present members of the NJCPA:

  • Bowman & Company, LLP, in memory of John F. Daley, Jr.
  • Bowman & Company in memory of Lisa Donahue
  • Council of Past Presidents
  • In honor of NJCPA Past President Michael Polito
  • In honor of Ralph Albert Thomas, CEO and Executive Director of the NJCPA
  • In memory of Howard Bookbinder
  • In memory of NJCPA Past President John F. Daley, Jr
  • In memory of Frederick and Lenore Horne
  • In memory of NJCPA Past President John C. Lee
  • In memory of NJCPA Past President Z. Thaddeus Zawacki
  • PKF O’Connor Davis in memory of Stephen Manuzza
  • WilkinGuttenplan in memory of Jules C. Frankel
  • WithumSmith+Brown in honor of NJCPA Past President Frank Boutillet

The NJCPA Scholarship Fund has awarded more than $7 million to high school and college students since its inception in the 1960s. The fund has supported more than 1,700 New Jersey students on their path to becoming a CPA. Scholarship winners had to meet criteria of academic performance, standardized test scores, essays and personal interviews. NJCPA members assisted by reading essays and conducting interviews during the selection process.

For a complete list of this year’s winners in each scholarship category, go to njcpa.org/scholarship.

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The New Jersey Society of Certified Public Accountants (NJCPA), with more than 13,000 members, represents the interests of the accounting profession and improves the financial well-being of the people of New Jersey. The NJCPA plays a leading role in supporting the profession by providing members with educational resources, access to shared knowledge, and ongoing efforts to create and expand professional opportunities. Visit njcpa.org.

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