The Board has an education assistance program for students who can demonstrate financial need. The program is designed to reimburse tuition expenses for the fifth year of study required for CPA certification in Ohio. No funds can be paid if a student already qualifies for admission to the CPA examination. The Board sends grant payments directly to the college or university.
To see if you qualify for tuition reimbursement assistance, please consult the education assistance checklist.
There are two stages to the program: (1) education assistance commitment, and (2) education assistance grant.
The requirements for the commitment are:
- Completion of the Commitment Application.
- Completion of at least 60 semester college credits as recorded by official transcript(s).
- Submission of the Free Application for Federal Student Aid (FAFSA) information. Since the Board requirement for CPA certification is not a graduate degree, graduate students must also submit parents' income and assets.
If a student is approved for a commitment, the requirements for the grant are:
- Completion of the Grant Application.
- Completion of at least 120 semester college credits as recorded by official transcript(s).
- Submission of the invoice from the college or university for the upcoming term for which the student wishes to receive grant funds.
- Submission of the class schedule from the college or university for the upcoming term for which the student wishes to received grant funds.
- NOTE: The grant is normally prorated over two semesters or three quarters. If the grant extends for more than one term, the grades from the prior term are required in order to receive a subsequent grant payment. Part-time students are eligible for a partial grant based upon the classes scheduled for the term.