The Costello College of Business at George Mason University and the Deloitte Foundation Collaborate to Fund Scholarships for Aspiring CPAs 

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The Costello College of Business at George Mason University is proud to announce its collaboration with the Deloitte Foundation through the Deloitte Foundation Accounting Scholars Program (DFASP). Starting fall 2025, this collaboration is expected to provide 10 full tuition scholarships to George Mason University students who intend to become CPAs after pursuing their master’s degree in accounting at the Costello College of Business.  

DFASP offers scholarships (excluding books and living expenses) to the selected students, determined by the Costello School of Business, and the scholarship can help students meet the 150-credit-hour requirement necessary for CPA eligibility. It also supports the growth of a more diverse and inclusive accounting profession. 

DFASP, now in its fourth year, works in parallel with Deloitte's* Making Accounting Diverse and Equitable (MADE) commitment to fuel greater racial and ethnic diversity in the accounting and tax professions and generate more opportunities and leadership pathways for the next generation of certified public accountants (CPAs).  

The collaboration speaks to the importance of preparing a diverse student body to succeed in a business environment. “The Costello College of Business remains focused on enhancing student experience and career readiness via public, private, and academic partnerships,” said JK Aier, senior associate dean for academic affairs and global engagement. “Our participation in DFASP can help support diverse learners in our accounting program by providing them with financial resources to continue their education and transition from being an undergraduate student to becoming a practitioner and leader in the accounting profession.”
 

Who Should Apply? 

This program encourages applications from students who are: 
•    Committed to public accounting or taxation as a career path. 
•    From underrepresented or economically disadvantaged backgrounds, including first-generation students. 
•    Dedicated to supporting diversity, equity, and inclusion within the accounting profession. 

Eligible candidates must be: 
•    Must have the ability to reside in the United States and the intention to pursue career opportunities in the United States after graduating from the University.
•    Currently enrolled in an accredited U.S. college or university. 
•    Academically strong with a minimum GPA of 3.0 on a 4.0 scale
•    Able to meet the admission requirements for the Costello Master of Science in Accounting (MSA) program. 

What Does the Scholarship Cover? 

The scholarship fully covers tuition for the MSA program (excluding books and living expenses). Recipients must enroll in the program for either the Fall 2025 or Spring 2026 term. The Spring 2026 term is only available to bachelor’s accelerated master’s candidates. Recipients must complete their degree by July 2026.
 

How to Apply 

To be considered, submit your application to the MSA program by the priority deadline of February 1, 2025

Include a supplemental essay addressing: 
What makes you a strong candidate for the Deloitte Foundation Accounting Scholars Program? 

In your response, highlight: 

•    How you meet the eligibility criteria. 
•    Your commitment to becoming a CPA. 
•    Your understanding of challenges faced by underrepresented groups in the accounting profession. 

No additional application is required beyond the standard MSA application

Why Apply? 

This scholarship offers: 
•    Full tuition coverage, in an effort to reduce financial challenges. 
•    Access to a supportive, inclusive learning environment. 
•    Opportunities to join a program dedicated to supporting diversity in the CPA profession. 
 
Take the next step in your accounting career by earning master’s degree in accounting at the Costello College of Business. Apply today or learn more about the Costello MSA program by visiting our website at https://business.gmu.edu/programs/graduate-degree-programs/masters-in-accounting.
 

About the Deloitte Foundation

The Deloitte Foundation, founded in 1928, is a not-for-profit organization that supports education in the U.S. through a variety of initiatives that help develop the next generation of diverse business leaders, and their influencers, and promote excellence in teaching, research and curriculum innovation. The Foundation sponsors an array of national programs relevant to a variety of professional services, benefiting high school students, undergraduates, graduate students and educators. Learn more about the Deloitte Foundation

* Please see www.deloitte.com/us/about for a detailed description of its legal structure.