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Quite a few sources for funding a Business education are available to minority students. To find out what local opportunities you may be eligible for, call your local Chamber of Commerce and ask for the names of local business professional organizations.

Many of these organizations offer local scholarships. The following are a sampling of some of the national scholarship programs available to fund a Business education.

AICPA Scholarships for Minority Accounting Students

Purpose: To provide financial assistance to minorities (Blacks, Native Americans, Pacific Islanders, Hispanics) interested in studying accounting.

Eligibility: Undergraduate applicants must be full-time minority students who have completed at least 30 semester hours of college work, majoring in accounting with an overall grade point average of at least 3.0, and U.S. citizens or permanent residents.

Minority graduate students must be 1) in a 5-year accounting program; 2) an undergraduate accounting major currently accepted in a master's-level accounting, business administration, finance, or taxation program; or 3) any undergraduate major currently accepted in a master's-level accounting program. Selection is based primarily on merit (academic achievement); financial need is evaluated as a secondary criteria.

Awards can be up to $5,000 per year, and may be renewed if recipients are making satisfactory progress toward graduation. Up to 100 scholarships are awarded each year.

For more information or to apply, write to:
American Institute of Certified Public Accountants
1211 Avenue of the Americas
New York, NY 10036-8775.

Bettsy Ross Educational Fund

No, it's not a typo! This scholarship was named after Bettsy Ross, former president of the NCOA International Auxiliary, the organization that sponsors the scholarship. This program provides financial assistance for attending business or technical school to members of the International Auxiliary of the Non Commissioned Officers Association (NCOA). Applicants must be members of the NCOA International Auxiliary who wish to prepare themselves for employment or improve their employment skills by attending a local business or technical school. Membership in the auxiliary is open to current and retired officers, their spouses, their children 18 and older, and their widows/widowers.

The maximum award is $250 per semester. 48 stipends are awarded each year. 12 grants are made each quarter, on the first day of January, April, July, and October. Applications must be received 1 month prior to each quarter, or by the end of November, February, May, or August respectively.

For more information or to apply, write to:
Non Commissioned Officers Association of the United States of America
P.O. Box 33610
10635 IH 35 North
San Antonio, TX 78233.

Business College Scholarships for Dependents of Purple Heart Recipients

This program offers scholarships for business college education to dependents of veterans who have earned the purple heart. Graduating high school students who are entering a 2-year accredited business colleges are eligible to apply. They must be the children or grandchildren of members in good standing of the Military Order of the Purple Heart. Selection is based on academic record and financial need. Recipients must be attending school full-time.

Awards are $1,000 for one year, and may be renewed for an additional year. If the award recipient decides to continue their education by attending a 4-year accredited college or university, they can be eligible to apply for a Continuation Scholarship , as long as the total number of years in the scholarship program funded by the Military Order of the Purple Heart does not exceed 4. Application deadline is June 15 of each year.

Military Order of the Purple Heart
Attn: Scholarship Program
5413-B Backlick Road
Springfield, VA 22151-3960.

Consortium for Graduate Study in Management

The Consortium provides merit-based full-tuition fellowships and stipends to enable talented , members of minority groups underrepresented in the business field (including African-American, Hispanic American, and Native American) to enroll in MBA programs at its member universities. These top public private graduate business schools include UC Berkeley, University of Texas at Austin, NYU, Michigan, Indiana, USC, Wisconsin, Virginia, and Washington University. Over 100 fellowships are awarded each year. Applicants must be U.S. Citizens to be eligible.

Deadline for Applications is February 1.

For more information or to apply, contact:
Consortium for Graduate Study in Management
12855 N. Outer 40 Drive, suite 100
St. Louis, MO 63141-8635
(314) 935-5614

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