The Ernest Varvoutis

Scholarship for Accounting

The Ernest Varvoutis Scholarship for Accounting is dedicated to supporting the next generation of accountants. Awarded to an outstanding undergraduate student pursuing a career in accounting, this $1,000 scholarship aims to provide financial assistance to those committed to academic excellence and a future in the accounting profession. This scholarship is an opportunity for students to showcase their passion for accounting and share their vision for the future, with a special focus on those who exhibit potential for leadership and innovation in the field.

Scholarship Overview

The Ernest Varvoutis Scholarship for Accounting is designed to support undergraduate students who are on the path to a career in accounting. Founded by Ernest A. Varvoutis III, a respected CPA with more than 25 years of experience in financial management and strategic planning, this scholarship offers a $1,000 award to one deserving student each year. Through an essay contest, this scholarship seeks to inspire students who are dedicated to the study and practice of accounting and have a clear vision of how they plan to contribute to the profession in the future. Whether you're just beginning your accounting studies or have already gained a deep understanding of the field, the Ernest Varvoutis Scholarship for Accounting is an opportunity to earn financial support for your educational journey. The scholarship is a reflection of Ernest’s commitment to helping others achieve their academic goals and further the legacy of professionalism and excellence in the accounting profession.

Criteria

To be eligible for the Ernest Varvoutis Scholarship for Accounting, applicants must meet the following criteria:

  • Undergraduate Status: Applicants must be enrolled in an undergraduate program at an accredited college or university, with a focus on accounting, finance, or a related field.
  • Academic Standing: A minimum GPA of 3.0 or higher on a 4.0 scale is required to apply.
  • Passion for Accounting: The scholarship is intended for students who demonstrate a strong commitment to a career in accounting and financial management.
  • Essay Submission: All applicants must submit an original essay in response to the provided prompt. The essay should highlight the applicant’s passion for accounting, their career aspirations, and how they plan to make a positive impact in the profession.
  • U.S. Citizenship: Applicants must be U.S. citizens or legal residents.

Amount

One time award of $1,000

Deadline

The deadline to apply for the scholarship is October 15, 2025.

Winner Announced

The winner of the scholarship will be announced on November 15, 2025.

How to Apply

Applying for the Ernest Varvoutis Scholarship for Accounting is simple. Follow these steps to submit your application:

  1. Complete the Application Form: Visit our website and fill out the application form with your personal details, academic information, and relevant background.
  2. Write the Essay: Write an essay of no more than 1,000 words in response to the following prompt:

Essay Prompt:
What inspired your interest in accounting, and what are your long-term career goals in the field? Describe how you plan to use your accounting education to contribute to the profession and the wider community. What challenges do you foresee in your career, and how do you plan to overcome them?

  1. Submit Your Application: Once your essay is complete, submit your application along with the essay to the following email address: [email protected]. Be sure to include all requested documents, including a transcript, your resume, and any other supporting materials.
  2. Selection Process: Applications will be reviewed by a selection committee. The winner of the scholarship will be notified via email  The winner will also be featured on our website as part of our commitment to supporting aspiring accountants.

For any questions or concerns, please feel free to contact us at [email protected]. We look forward to receiving your application and wish you the best of luck in the contest!

Along with the essay, please provide the following information:

  • Full Name
  • Phone Number
  • Address
  • Email Address
  • Name of High School and Graduation Date
  • The University that you are currently enrolled in.
  • Personal Bio
  • GPA