Since 2011, the PCAOB has administered a scholarship program for undergraduate and graduate accounting students enrolled in accredited U.S. colleges and universities. The PCAOB Scholars Program is mandated by the Sarbanes-Oxley Act and is funded through monetary penalties collected as part of PCAOB enforcement actions.
This year, incoming Jenkins MAC student, Nicholas Oberle, was awarded the $10,000 scholarship. Oberle graduated from NC State University with a degree in wildlife biology and served for seven years as a leader in the U.S. Army.
“Being a recipient of the PCAOB scholars award is a blessing to me and my family. My wife and I understood the sacrifices that came with attending graduate school, but we felt it would be worth it. This scholarship lessens the impact of tuition cost and increases my ability to focus on course work and give my best to my family. None of this would be possible without the wonderful support of the MAC faculty and staff,” says Oberle.
The PCAOB Scholars Program seeks to benefit students who are likely to become auditors and to make a difference to students who might otherwise choose a different career path. Oberle continues the tradition of Jenkins MAC students receiving the PCAOB scholarship.
The scholarship program is merit-based, but the PCAOB encourages educational institutions to give special consideration to students from populations that have been historically underrepresented in the accounting profession. The scholarship is awarded through a nomination process.
Read more about the scholars program and the 2021 recipients.
