Merit-Based Scholarship - WHO MAY APPLY

1. The applicant must be a Student Member of the Colorado Society of CPAs.
2. The applicant must be a student with a declared accounting major; or a student who is pursuing a degree with an accounting emphasis.
3. The applicant must have completed at least 9 semester/12 quarter hours of accounting courses above the introductory level.
4.  Applicants must be classified as full time student for the fall-semester or quarter as defined by their institution's financial aid requirements.
5. Applicants must attend a Colorado college or university with an accredited accounting program. An accredited accounting program must meet the requirements stated by the Colorado State Board of Accountancy in Rule 2.2.A:

• A. A college or university is deemed an “accredited college or university” under Sections 12-2-109(1)(b) and 12-2-109(2)(a), C.R.S., if the college or university is accredited by one of the 6 accrediting agencies or its successor agency as follows: Middle States Association of Colleges and Schools, North Central Association of Colleges and Schools, New England Association of Schools and Colleges, Northwest Association of Schools and Colleges, Southern Association of Colleges and Schools, and Western Association of Schools and Colleges. “Accredited Baccalaureate Granting College” for the purposes of these Rules means a college or university: (1) that is deemed accredited under this Rule 2.2.A and (2) that offers a Baccalaureate Degree or higher degree.

     7. The applicant’s overall college or university cumulative grade point average must be 3.25 or higher on a 4.0 scale, based on grades from all         schools attended that will be included in the final degree program. The applicant’s accounting GPA must be 3.25 or higher on a 4.0 scale,               based on grades from all schools where college-level accounting courses have been taken.

     8. Applicants may apply each year. No preference is given to students who have already received a scholarship. There is no restriction on the         number of awards. Only one award may be granted per scholarship cycle.

     9. Applicants may apply for more than one category (General Scholarship, Mark J. Smith Scholarship, etc.).

     10. Applicants must be a United States citizens or permanent resident, living and studying in Colorado. Applicants should intend to practice           the profession of accounting in Colorado.

     11. The Mark J. Smith Scholarship is based on academics and financial need. Applicants must display financial need, and special                              consideration will be given to applicants who either come from a single parent background or are attending college as a single parent.

     12. Due to the restrictions of Colorado Constitutional Amendment 41, the Educational Foundation can award only General Scholarships to              applicants who are public officers, members of the Colorado General Assembly, local government officials, government employees, or their            spouses or dependent children. These restrictions may not apply to certain home rule counties or home rule municipalities.