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Accounting | July 31, 2025

Indiana CPA Society Awards Almost $25,000 in Scholarships

The Indiana CPA Educational Foundation provides financial assistance to students pursuing their accounting major and ultimate entry into the CPA profession.

Isaac M. O'Bannon

The Indiana CPA Educational Foundation provides financial assistance to students pursuing their accounting major and ultimate entry into the CPA profession. This scholarship program was established in 2021 as part of a strategic initiative to help build the accounting workforce in Indiana by alleviating financial and logistical barriers to sitting for the CPA Exam and obtaining the CPA license.

In addition to renewable college scholarships, the Foundation offers a CPA Exam scholarship to cover out-of-pocket Exam-related costs. This Exam Scholarship is presented in collaboration with ALPFA Indianapolis and the Greater Indianapolis Chapter of NABA Inc.

2025–26 College Scholarship Recipients

Eight aspiring CPAs representing five Indiana universities were selected for this year’s Indiana CPA Educational Foundation Scholarship.

This college scholarship provides financial assistance to Indiana CPA Society (INCPAS) student members pursuing their accounting degree and entry into the CPA profession. Scholarships are $1,000–$2,000 per year and renewable for up to $5,000 total per recipient, dependent on recipient meeting the renewal criteria.

This year’s new class of scholarship recipients will receive a total of $21,000:

  • Max Carmody — Graduate Student, Indiana University
  • Adam Hernandez — Freshman, Purdue University
  • Kyera North — Junior, University of Evansville
  • Ryan Rakaska — Junior, Indiana University Indianapolis
  • Guillermo Ruesga Jr. — Sophomore, Marian University
  • Riya Singh — Senior, Indiana University Indianapolis
  • Ethan Timpe — Sophomore, Indiana University
  • Benjamin von Werder — Junior, Purdue University

In addition, three previous scholarship recipients have met their renewal criteria and are receiving an additional year of funding:

  • Jordan Hes — Indiana University Indianapolis
  • Alex Perry — University of Southern Indiana
  • Jessica Luna-Tovar — Marian University

This scholarship provides financial assistance to Indiana CPA Society (INCPAS) student members pursuing their accounting degree and entry into the CPA profession. Scholarships are $1,000–$2,000 per year and renewable for up to $5,000 total per recipient, dependent on recipient meeting the renewal criteria. It was established in 2021 as part of a strategic initiative to help build the accounting talent pipeline in Indiana by alleviating financial and logistical barriers to sitting for the CPA Exam and obtaining the CPA license.

2025–26 CPA Exam Scholarship Recipients

Five CPA candidates were selected for this year’s CPA Exam Scholarship in collaboration with ALPFA Indianapolis and the Greater Indianapolis Chapter of NABA Inc.

These recipients will receive scholarships to cover Exam-related costs:

  • Oscar Bibian — University of Indianapolis
  • Connor Jones — Indiana University
  • Ricardo Navarro — Purdue University
  • Loan Nguyen — Indiana University Indianapolis
  • Riya Singh — Indiana University Indianapolis

The Indiana CPA Educational Foundation is supported by members giving back to the profession and investing in the next generation of CPA professionals. Donations can be made at incpas.org/EdContributions.

For more information on eligibility and application deadlines, go to incpas.org/Scholarship.

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Isaac M. O'Bannon

Isaac M. O'Bannon

Managing Editor

Isaac M. O'Bannon is the managing editor and digital content manager for CPA Practice Advisor (www.CPAPracticeAdvisor.com), drawing on two decades of experience covering the areas of professional accounting, taxation, business productivity and consumer technologies. . Prior to CPA Practice Advisor, O'Bannon was a consultant at firms in San Francisco, Denver and Tulsa, serving clients that included Logitech, Polycom, Hilti, Microsoft, the Stanford Research Institute, the University of Oklahoma's College of Engineering and other technology leaders. He is a U.S. Navy groundforces veteran (never a SEAL). Email: isaac.obannon - @ - cpapracticeadvisor.com . Isaac OBannon 2019 Cropped Small Headshot