Michigan Accountancy Foundation Scholarships

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Description

Program Overview

Your path to becoming a CPA starts with possibility, and support can help you move forward. The Michigan Accountancy Foundation (MAF), the charitable foundation affiliated with the Michigan Association of CPAs (MICPA), works to attract, inspire and support future generations of CPAs. Through career exploration programs, scholarships and grants that support student learning, we help students discover accounting’s possibilities and pursue their goals. 

Program Background

MAF’s scholarships help ease the financial demands of college so you can focus on your education and future career. Our program offers opportunities for students at different stages, from the beginning of their undergraduate studies through the final years of their accounting education. 

Made possible by generous individuals, firms and organizations, these scholarships represent a professional community that believes in your potential. Explore the available opportunities and eligibility requirements to find the scholarships that fit your next step. 

Rules

Find the Right Scholarship for You

MAF offers scholarships for students at three stages of their accounting education.  

High School Scholarship: $500–$1,000 

You may apply if you: 

  • Are a current high school senior 
  • Have applied to or been accepted by a Michigan college or university, including a community college 
  • Plan to major in accounting 
  • Have a GPA of at least 3.3 

Your application must include an official high school transcript, one recommendation letter from a teacher and an essay of 500 words or fewer. Recipients are also offered mentor assistance for guidance and support as they transition into college. 

Undergraduate Scholarship: $2,000–$2,500 

You may apply if you: 

  • Are currently enrolled as an undergraduate student in the business school at a Michigan college or university 
  • Are an intended or declared accounting major 
  • Have both an overall GPA and an accounting-related GPA of at least 3.3 

Your application must include official college transcripts, one recommendation letter from a professor and an essay of 500 words or fewer. Recipients are also offered mentor assistance for guidance and support during their accounting studies. Previous Undergraduate Scholarship recipients may apply again. 

Fifth/Final Year Scholarship: $5,000 

You may apply if you: 

  • Are a declared accounting major enrolled full time and intend to become a CPA in Michigan 
  • Will have completed at least 120 credit hours by the scholarship disbursement date 
  • Plan to take or have passed the CPA Exam 
  • Anticipate completing all academic requirements for licensure (150-credits) within timeframe of current academic year 

Your application must include official college transcripts, two recommendation letters, including one from a professor, and an essay of 750 words or fewer. All applicants are offered CPA exam review resources through Surgent CPA Review. Recipients receive unlimited resource and access. Previous Fifth/Final Year Scholarship recipients are not eligible to receive this scholarship again. 

Your Application Checklist 

Complete your application and submit all required materials, including transcripts and letters of recommendation, by January 31, 2027, at 11:59 p.m. Eastern Time. You can save your progress and make changes until the deadline. Only complete applications will be considered. 

  1. Complete every section of the application 
    • Answer all required questions and check your information before submitting. 
  2. Request your recommendation letters – Ask them early!
    • During the application process, you will submit the name and email for those who are providing a letter of recommendation. They will receive communication on how to upload/send the letter. 
  3. Provide your official transcripts 
    • Upload or have your transcripts sent prior to the deadline.   ​​​
  4. Submit your essay
    • Use your essay to help reviewers understand your experiences, goals and interest in becoming a CPA.  

Using AI Tools in Your Essays 

Your essays should help us get to know you. Reviewers want to hear your voice and understand your experiences, interest in accounting and service to others. You may use ChatGPT or other AI tools to brainstorm an outline, check grammar or proofread. Your ideas, experiences and final responses should remain your own. Use AI to help express your story clearly, rather than write your story for you. 

Where to Send Supporting Documents 

Upload or send your essay and transcript(s) by January 31, 2027, at 11:59 p.m. Eastern Time. 

MAF@micpa.org  
MAF Accounting Scholarship Program 
888 W Big Beaver, Suite 550 
Troy, MI 48084 

Questions? Contact Emily Olson at 248.267.3712 or eolson@micpa.org