CONTACT: GEORGE McCRORY
100 Old Public Library
Iowa City IA 52242
(319) 384-0012; fax (319) 384-0024
Release: March 29, 1999
UI accounting department receives $15,000 scholarship donation from Amoco
IOWA CITY, Iowa -- The University of Iowa department of accounting has recently
received $15,000 from the Amoco Foundation to support scholarships for accounting
According to Dan Collins, chair of the UI department of accounting, the funds
will be used to award four $2,500 scholarships to students entering the UI
Master of Accountancy program, one $2,000 scholarship to an accounting major
(junior or senior) and three $1,000 scholarships to incoming freshmen. He
added that $5,000 of $15,000 amount is earmarked for minority scholarships
"These scholarships will not only help us attract quality students into our
program, but also encourage current students to enter the Master of Accountancy
program," Collins said.
The Master of Accountancy program is a 30-hour program for those students
with an accounting undergraduate degree that satisfies the newly mandated
150-hour requirement to become a Certified Public Accountant. This requirement
which has been adopted by 44 states, goes into effect in Iowa Jan. 1, 2001.
The scholarships are available this fall to potential UI accounting students
and current UI students. To apply or for more information, call the department
of accounting at (319) 335-0910.