AFCA Scholarships For Filipino Canadian
Accounting Students

Press Release

The Association of Filipino Canadian Accountants (AFCA) is proud to announce the launching of its Scholarship Program for 2006. Immediate Past AFCA President Julito Longkines said: "The mission of the Scholarship Program is to provide financial assistance to Filipino Canadian students in Ontario who are pursuing a career in Accountancy. This is AFCA's way of giving back to the community, who have always been supportive of our various programs and projects through the years.quot;

The top scholar will be given a one-time monetary grant of $1,000 and the second placer will get $500. Both will also be given a certificate and a medal. These awards will be presented at the AFCA Induction of Officers and New Members Gala on March 25, 2006.

Who Can Apply

Eligible applicants are those who have finished the first two years of university education or one year of college education and are currently enrolled or will be enrolled in the current school year on a fulltime basis to pursue Accountancy as his/her major. This grant is also available to CGA/CMA/CA students, who are enrolled in at least the third level of the program (or equivalent level for CMA/CA). As this scholarship is designed to help those who are in financial need, the family income of the student's parents should not be more than $100,000; if he/she has been living alone for more than one year, the applicant's income should not be more than $50,000. If is married, the applicant's and her/his spouse's income should not be more than $100,000.

>> Download Guidelines for the AFCA Scholarship Awards

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Application

Application forms can be obtained by sending a request through any of the following methods:

  • by e-mail to: bavidlc@yahoo.com
  • by fax to: (905) 625-9981
  • by mail to:
    • AFCA Scholarship Committee
    c/o Veritax Accounting & Tax Services
    3269 Cawthra Road
    Mississauga, Ontario
    L5A 2X4
  • by contacting any AFCA officer or member.

Deadline for the submission of application forms is Friday, March 3, 2006 at 5:00 p.m.

>> Download AFCA Scholarship Application Form

Click here to download Adobe Acrobat Reader free of charge.

Scholarship Committee

The AFCA Scholarships are presently funded through the various AFCA fundraising efforts. For the long term, AFCA will create the AFCA Scholarship Foundation to establish a self-sustaining fund so AFCA can offer more scholarship assistance to deserving Filipino Canadian accounting students. According to Bobby dela Cruz, Chair of the AFCA Scholarship Committee and past president of AFCA and NCPACA, Canadian scholarship applicants will also be able to compete, beginning in 2005, for the annual scholarship grants given by the National Council of Philippine American Canadian Accountants (NCPACA) who are giving three scholarships of US$5,000, US$2,500 and US$1,500.

The Scholarship Committee also plan to offer scholarships funded by private corporations and individuals, and act as conduit and information source for financial assistance provided by colleges, universities and other funding institutions. The other members of the AFCA Scholarship Committee are Bing Paduada, Resty del Rosario, Winston Lim and Mitchell Arrojado.