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Scholarships and Grants for Masters in Forensic Accounting Students

Most forensic accounting positions require you to have at least a master’s degree since this is a prerequisite to taking the CPA exam. With the rising costs of education, however, it can be quite expensive to spend an extra year or two in school earning an advanced degree. If you want to get a masters in forensic accounting, scholarships and grants can help you combat these costs, making it possible for you to attend school even if you’re on a budget. Let’s look at at some of the different scholarships and grants available for students hoping to go to school for little to no out-of-pocket expense.

Association of Certified Fraud Examiners

The Ritchie-Jennings Memorial Scholarship offered by the Association of Certified Fraud Examiners is a $1000 award given to students who are studying in the field of accounting, criminal justice, or business finance. This group is the largest anti-fraud organization in the world, with over 50,000 members, and their scholarships are open to both graduate and undergrad students, making them highly competitive.

American Institute of Certified Public Accountants

The scholarships offered by the American Institute of Certified Public Accounts (AICPA) are offered annually in ten categories, and if you’re interested in forensic accounting, you might qualify for some of these funds. AICPA is home to the Forensic Valuation Services Center, an online resource for those interested in forensic accounting, so this is also a great site to visit to learn more about your prospective career. In order to meet criteria for some of the AICPA scholarships, you must be a minority student or female, though award requirements vary from award to award.

Massachusetts Society of Certified Public Accountants

You can earn a $1500 scholarships from the Massachusetts Society of Certified Public Accountants to use toward a degree in forensic accounting by writing a winning scholarships essay. This competition opens annually to students at accredited schools, and in order to be awarded the money, you should be prepared to write about your career goals as a CPA, as well as submit your transcripts and a letter of recommendation from one of your accounting professors.

Other Financial Aid for Forensic Accounting Students

Scholarships and grants are just two of the many forms of financial aid open to students in master’s degree programs. Students loans are an option for forensic accounting students, and your employer may offer tuition reimbursement or repayment programs as well.

Top Online Master of Forensic Accounting Degrees

Forensic accounting is a special area of accounting that involves the use of financial statements in a court of law for purposes of anticipated disputes and/or litigation. To become a forensic accountant, an individual is usually required to have a masters degree in accounting in addition to a professional accounting or accountancy certification (such as CPA). The following schools all offer accredited online degree programs in forensic accounting or closely related accounting subject.

University of Phoenix

The MBA in accounting and MS in accountancy programs at the University of Phoenix teaches the theory and principles in a broad sense pertaining to the world of accounting. The curriculum features courses that explore accounting theory and research, accounting information systems, managerial accounting, financial reporting, and auditing.

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Colorado Technical University

A degree from Colorado Technical University can connect you to what matters most to help you reach your next level. You can grow a powerful professional network with the help of real-world faculty, industry professionals and over 75,000 alumni. Not to mention, our top 10 online MBA program is recognized around the world.

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Kaplan University

The Master of Science in Accounting program at Kaplan University is built upon a curriculum that prepare students to achieve management accounting and/or forensic accounting positions in both the public and private sectors. Courses on auditing, taxation, cost accounting, and financial accounting provide a core background on which several electives can be added.

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Other Masters Degrees in Accounting

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