Accounting Scholarships for Women

Accounting ScholarshipThe Educational Foundation for Women in Accounting (for Undergraduate Scholarships) or (to view all of their scholarships) or (Select “Scholarships” link in sidebar)

The mission of the Educational Foundation for Women in Accounting is to support the advancement of women in the accounting profession through the funding of education, research, career literature, publications and other projects. The EFWA encourages and enables women to enter the accounting profession and empowers them to achieve equal opportunities and equal rewards. They award scholarships to women who are pursuing Accounting degrees at the undergraduate, graduate, and postgraduate levels. Although we are featuring just one of their undergraduate scholarships, be sure to check out their website for all the scholarships this great organization offers women pursuing an Accounting degree!

The Michele L. McDonald Memorial Scholarship

Contact Info: Foundation Administrator, The Educational Foundation for Women in Accounting National Headquarters, 136 South Keowee Street, Dayton, OH 45402; Phone: 937.424.3391; Fax: 937.222.5794; Email:

Deadline:  April 30

Award Amount:  $1,000

Eligibility:  Women pursuing a degree in Accounting, with preference being given to a woman returning to college from the work force or after raising children; US citizen

Requirements:  Application, Official Transcript, Proof of Enrollment, Statement of Career Goals, Statement of Personal Goals and Objectives, Standard FAF Transcript from the Financial Aid Office (Optional), 3 years of Tax Returns, 2 Personal Reference Letters, 2 (or more) Professional Reference Letters, Statement from Academic Advisor

Special Instructions:  Do not bind the application. Delete (redact) your social security number from your tax returns. The application asks you to state where you heard about this scholarship. If you found it from Scholarship Opportunity’s blog, here’s the information you’ll need: Pinecone Educational Consulting Group, Scholarship Opportunity blog, P.O. Box 366, Stowe, VT 05672, Phone: 802.585.1353; email:

Selection Criteria:

  • Commitment to the goal of pursuing a degree in Accounting in preparation for a career as an accounting or finance professional, including evidence of continued commitment to this goal after receiving the award.
  • Demonstrated aptitude in accounting and business as evidenced by prior course work and/or work experience.
  • Clear evidence that goals and a plan for achieving those goals, both personal and professional, have been established.
  • Financial need

Application Link: (also available as a Word doc)

If you’d like to support women pursuing an Accounting degree (yes, it’s considered a STEM major), we hope you’ll consider making a donation.