With the recent enactment of new corporate accounting laws in the U.S., accounting degrees are in demand. There are three different classes of accountants to consider:
The degree requirements vary for each class. Students who earn degrees in accounting will study the aspects of managerial accounting, budgeting, financial analysis, auditing, taxation, and more.
The first place to look for scholarships is the financial aid office of the college you are attending or planning on attending. They have a list of specific scholarships for accounting students. I would also check the scholarships available for Business Students because accounting students are also business students.
For a list of general minority scholarship, please visit our minority scholarship section. One important organization that provides scholarships for minority students is the AICPA or The Association of International Certified Professional Accountants. The AICPA has supported accounting students for more than 130 years. One of the ways we do this is through our scholarship program, which offers educational funding for accounting students at all stages - from high school seniors about to enter college to CPAs pursuing their Ph.D. The AICPA Foundation awards more than $1 million in scholarships, grants and fellowships to hundreds of students each year, with recipients receiving on average $5,000 towards their education.
Accounting Terminology Guide (New York Society of CPAs, United States)