American Institute of CPAs Minority Scholarship

Website: http://www.aicpa.org/Career/DiversityInitiatives/Pages/smas.aspx

Who's Eligible: Minority college students majoring in accounting

Award Amount: Up to $5,000, renewable throughout your college tenure

Due Date: April 1

Requirements:

Minority college students seeking accounting degrees can get some free college cash, but there is a catch. To get this award, students must go through the rigamarole of applying AND those selected for the Legacy Scholars Program must also complete eight hours of community service per semester to keep their awards. The silver lining is that these awards are renewable, but you will have to apply every year and it is not guaranteed. For a full list of eligibility requirements, head here.