If you are a domestic college graduate with an accounting degree who has a minimum GPA of 3.20, you qualify for a GMAT waiver and one of the following fellowships toward our graduate programs.

• $5,000 for a GPA greater than 3.74
• $4,000 for a GPA between 3.50 and 3.74
• $3,000 for a GPA between 3.20 and 3.49

The full fellowship is paid over one year (i.e., the $5,000 fellowship would be paid out $2,000 for fall, $2,000 for spring, and $1,000 for summer semesters.) You must complete the program in one calendar year and maintain a full-time schedule of at least nine credit hours in each fall and spring term to be paid the full fellowship. Students who do not complete the MSA in one calendar year forfeit the full fellowship. If you begin during the summer session, the summer fellowship is paid with the fall term. All fellowships are paid after the refund period has ended for each term.

There are scholarships available through IU Indianapolis and through the AICPA Foundation.

Kelley School of Business Indianapolis scholarships

• Kenda Beery Scholarship

  The Kenda Beery Scholarship honors the memory of Kenda K. Beery, former coordinator of the Graduate Accounting Programs.

  The scholarship will be given to students enrolled in the MSA, who have a record of academic excellence as demonstrated by a GPA in graduate courses of 3.3 on a 4 point scale, and who have demonstrated a commitment to the enrichment and growth of the MSA through their leadership and work as a volunteer in MSA activities.

  • Scholarship award: $500
  • Application deadline: December 30
• Douglas Fischer Scholarship for Graduate Accounting

  This scholarship is for a returning graduate student who is pursuing an MSA. The recipient will be determined by the Kelley Indianapolis Scholarship Committee.

  • Scholarship award: $1,000
  • Application deadline: December 30

How to apply for Kelley Indianapolis scholarships

• Go to https://one.iu.edu/task/iu/scholarships and choose "Start."
• Read the "IU General Scholarship Application" announcement and choose "Start."
• Follow the instructions on how to sign in depending on if you are currently affiliated with IU or not.
• When you sign in, you will see the general application to complete first if you have not already done so.
• Once the general application is completed, you can use the "Opportunities" drop down list and search by keyword to find specific scholarships. The two mentioned above are named: IUPUI-Kenda Beery Scholarship (Kelley Business) and IUPUI-Douglas Fischer Scholarship for Graduate Accounting (Kelley Business).

AICPA Foundation Scholarships

• John L. Carey Scholarship

  The John L. Carey Scholarship program provides financial assistance to liberal arts and non-business degree holders who are pursuing graduate studies in accounting and the CPA licensure. These awards are intended to encourage students with little or no previous accounting education to consider professional accounting careers.

  • Scholarship award: $5,000
  • Application deadline: March 1

  Apply for the John L. Carey Scholarship

• Scholarship for Under-represented Accounting Students

  This scholarship seeks to increase diversity in the accounting profession by offering scholarship awards to undergraduate and graduate students. Since 1969, this program has awarded more than $14 million to approximately 8,000 accounting students.

  • Scholarship award: $3,000 to $10,000
  • Application deadline: March 15

  Apply for the Scholarship for Minority Accounting Students

All Admitted Students

• FinAid offers comprehensive financial aid, loan and scholarship information.
• Search for scholarships on FastWeb.

Domestic Students

• Submit a Free Application for Federal Student Aid (FAFSA) through the online form for U.S. citizens and immigrant permanent residents to apply for the federal Stafford and PLUS loan programs.
• The U.S. Department of Education’s Office of Postsecondary Education offers additional information about federal aid available upon completing the FAFSA.

International Students

International students are eligible for private loans, but should expect most private loan companies to require a U.S. citizen or permanent resident to act as a cosigner to secure the loan.

• The Institute of International Education highlights opportunities for international students interested in studying in the United States, including Fulbright Program information and other scholarship opportunities.