The Accounting Circle

The SIU Accounting Circle, organized in 1990, is made up of alumni and friends of the SIU School of Accountancy. Its purpose is to provide financial support for student scholarships and School assistance. Financial assistance provided by the SIU Accounting Circle enables the SIU School of Accountancy to increase its scholarship and fellowship programs, fund student projects and awards, and purchase equipment and teaching aids not funded by the College of Business and Analytics.

The Accounting Circle funds two student scholarships: the Accounting Circle Scholarship and the McClellan Scholarship.

Accounting Circle Scholarship

Purpose

One of the major goals of The Accounting Circle is to attract academic and socially gifted students to the School of Accountancy. The Accounting Circle Scholar Program is the manifestation of that goal.

Benefits

The Accounting Circle will provide a stipend of $1,000 for each eligible academic year. An eligible academic year is one in which the student meets the retention requirements below.

Initial Eligibility

• Applicants must be students entering the University and majoring in Accountancy.
• Applicants must have a qualifying score (high school graduating percentile x composite ACT score) of 19.20 or above. For example, a student in the 80th graduating percentile with an ACT of 25 would have a qualifying score of 20.
• Applicants must be willing to attend an interview with the Accounting Circle Liaison Officer of the Accounting Circle.
• Learn more about awardee responsibilities and retention requirements.

Responsibilities of Awardee

• The Awardee is responsible for reporting academic progress each semester to the Director of the School of Accountancy at SIU.
• The Awardee agrees to be available to meet with the School's Board of Advisors or other groups after notification by the Director of the School.
• The Awardee agrees to furnish a recent picture to the Director of the School and agrees to have information distributed and/or released to the press.
• The Awardee agrees that all applicable taxes are the sole responsibility of the Awardee.

Retention Requirements

• The Awardee must maintain an overall GPA of 3.40 out of 4.00 at SIU.
• The Awardee must complete at least 15, but no more than 18, academic hours each semester.
• The Awardee must be on track to graduate with a B.S. degree in Accountancy in eight semesters.

McClellan Scholarship

Purpose

The Michael T. McClellan Scholarship is an SIU endowed cornerstone scholarship funded by the family of Michael T. McClellan. This cornerstone scholarship is established to attract the brightest and most promising Illinois residents to SIU for the study of Accountancy.

Benefits

The Michael T. McClellan Scholarship currently provides a stipend of approximately $2,200 for each eligible academic year. An eligible academic year is one in which the student meets the retention requirements below.

Initial Eligibility

• Applicants must be students entering the University and majoring in Accountancy.
• Applicants must be from central or southern Illinois.
• Applicants must rank in the top 10% of their high school class and have an outstanding ACT score.
• Applicants must be willing to attend an interview with the Circle Liaison Officer of the Accounting Circle.
• Learn more about awardee responsibilities and retention requirements.

Responsibilities Of Awardee

• The Awardee is responsible for reporting academic progress each semester to the Director of the School of Accountancy at SIU.
• The Awardee agrees to be available to meet with the School's Board of Advisors or other groups after notification by the Director of the School.
• The Awardee agrees to furnish a recent picture to the Director of the School and agrees to have information distributed and/or released to the press.
• The Awardee agrees that all applicable taxes are the sole responsibility of the Awardee.

Retention Requirements

The Awardee must maintain an overall GPA of 3.75 out of 4.00 at SIU.