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Accounting and Business Law (ABL) Department Scholarship Information

The ABL Area has scholarship funding available for qualified declared accounting majors. Three main categories of students are eligible to apply for this funding:

  • Incoming freshmen who have declared accounting as their major.
  • Current undergraduate accounting majors.
  • Current graduate (MSA) students.  

These scholarships are for full-time students. These scholarships are merit based and competitive in nature. Due to funding limitations, not all students who apply will necessarily receive funding. In certain cases the scholarships are renewable on a year to year basis. A summary of the scholarships is given below. There is one application form that can be used for all funding. Applications are available electronically by contacting Professor Brian Stanko, Accounting and Business Law Department, at bstanko@luc.edu. Eligible students can apply for more than one scholarship, although a funding priority will be to provide as many students as possible with scholarship opportunities. The application deadline for the 2008-2009 academic year is Friday, March 14, 2008.

SCHOLARSHIPS

ABL Alumni Scholarships: These scholarships range in value from $1,000 to $2,000 per academic year. Incoming freshmen are eligible to apply for this award, as are all current students who are declared accounting majors. Funding for this scholarship comes primarily from donations of ABL Area alumni. This scholarship is renewable for students who maintain a GPA of at least 3.2 overall and in their accounting courses.    

The Ernst and Young Scholarships: These scholarships range in value from $5,000 – $7,500 and are limited to seniors and graduate (MSA) accounting students intent on pursuing the 150 hour requirement and sitting for the CPA examination. To be eligible, students must have earned a GPA of at least 3.5 both overall and in their accounting courses. This scholarship is nonrenewable.

The Martin Shanahan Scholarship: This scholarship averages about $2,000 per academic year. Eligible students must be declared accounting majors and have completed at least two accounting courses. Students applying should have a GPA of at least 3.2 both overall and in their accounting courses. This scholarship is renewable (but not guaranteed) one time if the student maintains an overall and accounting GPA of at least 3.2.

The Professor John G. Tabor Jr. Memorial Scholarship: This scholarship honors the memory of Professor John Tabor, who was a member of the ABL Area faculty from 1974 – 2002. The scholarship will range in value from $1,500 - $2,000 for the academic year. Eligible students must have at least sophomore standing and be declared accounting majors. Students applying should have a GPA of at least 3.2. This scholarship is nonrenewable.

The Senior Scholar Award: This award has both a scholarship and stipend attached to it. Approximate funding will be $2,500 per academic year. A student must have at least senior standing, an overall and accounting GPA of at least 3.2 and completed Accounting 303 with a grade of B or better. The recipient of this scholarship will be responsible for coordinating the Accounting 303 Systems Learning Aid (SLA) Project. The recipient will handle grading of the SLA and will also be responsible for holding information or tutoring sessions regarding its preparation. The total amount of time each semester will vary, but should be approximately 100 hours for the academic year.   

The Graduate Scholar Position: This position is available only to a full-time MSA student.  The recipient will work as a research assistant for the ABL Area 20 hours per week. In return they receive one graduate course tuition waiver for each of the fall, winter and spring quarters along with a stipend of $1,250 per quarter. This award is often combined with other scholarship awards described above.

Click here for the application.