Financial awards & scholarships
Historically, over 90% of MAc students at Tippie receive a financial award in some form.
Common forms of financial aid are teaching assistantships and scholarships, as well as government loans and other programs through the Office of Student Financial Aid.
MAc program scholarships
Historically, the program has granted over $120,000 a year in scholarships, and the vast majority of MAc students receive some financial support. These scholarships are not tied to any work or payback requirements and are applied directly to your university bill. To be considered for scholarships, apply by April 1 for fall and December 1 for spring. Later applicants are considered for scholarships if funds are available.
Scholarship program for underrepresented minorities
This program helps offset the cost of a MAc for minority students who have traditionally been underrepresented in the accounting profession, including Blacks or African Americans, Hispanics or Latinos, American Indians, Alaska Natives, Native Hawaiians, and other Pacific Islanders. The scholarship package total can vary, but typically amounts to full support for the duration of the program. Apply by March 1 if you’d like to be considered for this award.
Applying for departmental scholarships
We ask that you wait to fill out the scholarship application until after you’ve been admitted to the program. Once admitted, complete the scholarship application form (by April 1 for fall and December 1 for spring) and you’ll be considered for departmental scholarships.
Teaching Assistantships (TAs)
Being a TA at Tippie is more than grading papers—you actually teach accounting to undergraduates. We’ll provide you with the training you need to be an effective instructor, and the immersive experience teaching, communicating, and presenting accounting concepts will serve you in good stead throughout your career.
MAc students with TAs often claim it as the most valuable part of their MAc experience, boosting their confidence, public speaking skills, time management, and mastery of accounting concepts.
Being a TA also pays off in dollars and cents. You’ll receive a $10k scholarship, plus tuition discounted to the Iowa resident rate if you’re a non-resident. Depending on your responsibility level, you’ll also receive an annual salary between $10,000 to $20,000. Plus, as an employee of the university, you’ll get stellar health insurance at a deep discount.
Most years, just over 15 students are awarded teaching assistantships. Apply by March 1 if you’d like to be considered for a TA position.
Federal and private financial aid
You’ll also have access to financial aid outside of Tippie through the university’s Office of Student Financial Aid. This office oversees grant and loan programs that can help you pay for your education.