Professor Elam

Monday January 17, 2011

Note to students, you must join the IMA but my sources indicate that in some areas very few students have even bother to apply for this scholarship.

Dennis Elam

The Institute of Management Accountants (IMA®), the world’s leading organization dedicated to supporting accountants and financial professionals in business, is accepting applications for its national scholarship programs: The Memorial Education Fund (MEF) and the Stuart Cameron and Margaret McLeod Memorial Scholarships, now through February 15, 2011. Interested students can download an application form at IMA’s website athttp://www.imanet.org/ima_membership/scholarships_awards.aspx. 

Any IMA student member who has not previously received an IMA scholarship is encouraged to apply. MEF Scholarships are given at both the undergraduate and graduate student levels, and are based on academic merit, extent of IMA participation, and strength of outside recommendations, among other criteria. The scholarships carry awards ranging from $1,000 to $2,500.

In addition, any student who applies for an MEF Scholarship is automatically considered for the prestigious Stuart Cameron and Margaret McLeod Memorial Scholarship. This scholarship, which carries a $5,000 award, is given to one individual among the entire scholarship application pool who exemplifies excellence in all eligibility criteria. The award also includes lodging, transportation, and registration to IMA’s Annual Conference & Exposition in June and the IMA Student Leadership Conference in November.

The Stuart Cameron and Margaret McLeod Memorial Scholarship is bestowed annually by the Stuart Cameron McLeod Society (SCMS).  Founded in 1934, SCMS is a special membership community within IMA whose members share a long history of service to IMA.

The deadline to submit scholarship applications is February 15, 2011; winners are announced on or before April 30, 2011.   For complete information and application forms, please visit http://www.imanet.org/ima_membership/scholarships_awards.aspx.

Please note that to be eligible to participate in any of these awards, students must be IMA members. For details about joining IMA, go to the IMA Membership page,http://www.imanet.org/ima_membership.aspx.   For more information about IMA, please visit www.imanet.org.

Sat Jan 22 2011 Here is a follow up comment from Jimmie Smith, President Texas IMA

The Memorial Education Fund (MEF) and the Stuart Cameron and Margaret McLeod Memorial Scholarship information indicates the following:

• Additionally, students will be requested to sit for at least one part of the CMA Exam before the completion of the fall term 2011.

I contacted Jodi Ryan in Montvale, who runs the programs.  She indicated this is request, not a requirement.  Obviously underclassmen would not otherwise be able to apply for these scholarships.