Deloitte announced the creation of a $ 250,000 scholarship program to help fund the tuition fees of Grambling State University students seeking a master’s degree in accounting (MAcc) from the College of Business at Louisiana Tech University.
Deloitte, also known as Deloitte Touche, is a global accounting and professional services organization with more than 334,000 employees. The announcement demonstrates Deloitte’s commitment to increasing diversity within the accounting profession.
As previously announced last fall, Louisiana Tech University and Grambling State University – a longtime HBCU located five miles from the Louisiana Tech campus – signed a memorandum of understanding that provides a fast-track path for Grambling students to obtain a degree that is not provided at their undergraduate institution. This agreement enables Louisiana Tech and Grambling to provide their joint students with the education, resources and support they need to pass the CPA exam and launch a successful career.
Since financial aid programs will not be transferred from Louisiana institutions, Grambling State senior accountants are required to self-fund their courses at Louisiana Tech. Prior to the investment in Deloitte’s scholarship program, scholarships and graduate assistantships were primarily funded by Louisiana Tech alumni in order to ease the financial burden on these students.
âDeloitte’s scholarships will be a game-changer on many levels and we are delighted to team up with Louisiana Tech and Grambling State on this program,â said Stephen Metoyer, Head of Diversity, Equity and Corporate Affairs. inclusion, Deloitte Tax LLP and graduate of Louisiana Tech. University. âBy removing the financial hurdle that many students face when seeking access to higher education, not only do we plan to help diversify and develop the regional accountancy workforce, but we sincerely hope that many graduates of this program will become tomorrow’s leaders in the accounting profession, fueling the long-term change we seek. This investment complements other bold initiatives we are undertaking, including our Making Accounting Diverse and Equitable (MADE) and Deloitte Tax Scholars programs.
The investment from Deloitte’s scholarship program will be used to fund graduate assistantships, undergraduate tuition fees at Louisiana Tech University (up to nine credit hours to support concurrent MAcc studies) and tuition fees at Louisiana Tech University (up to 30 credit hours to support completion of the MAcc).