Arkansas Women in Accounting Scholarship

Funded by
user profile avatar
Lee Ann Benson
$2,200
2 winners, $1,100 each
Awarded
Application Deadline
Jun 9, 2025
Winners Announced
Jul 9, 2025
Education Level
Undergraduate, Graduate
1
Contribution
Eligibility Requirements
Education Level:
Undergraduate or graduate student
State:
Arkansas
Gender:
Female-identifying
Field of Study:
Accounting

Linda Wallingsford Holmstrom was a beloved mother and a CPA who excelled both at her job and in her family responsibilities. 

Linda was remarkably detailed and organized, and she spent a lot of her income on education, both for herself and for others in her family. She supported her two children and three grandchildren with undergraduate and graduate tuition to ensure they could achieve all of their dreams.

Linda became a CPA in 1975, which made her one of the earliest female CPAs in Arkansas. When she went to her first accounting class, it was all men except for her, and they asked if she was in the wrong class, but that didn't intimidate her. She went on to graduate cum laude from Henderson State University in Arkadelphia, Arkansas and subsequently passed the CPA exam on her first try.

This scholarship seeks to honor the life of Linda Wallingsford Holmstrom by supporting the next generation of women in accounting as they pursue their professional goals.

Any female undergraduate or graduate student who’s pursuing accounting may apply for this scholarship opportunity if she’s a resident of Arkansas.

To apply, tell us why you have decided to pursue an accounting career and what your future goals are.

Selection Criteria:
Ambition, Drive, Impact
Published October 23, 2024
Essay Topic

Why have you chosen to pursue a career in accounting? What are your future goals?

400–600 words

Winning Applications

Ta'Kita Burnett
Capella UniversityPine Bluff, AR
As an aspiring black female accountant from Arkansas, I am honored to apply for the Arkansas Women in Accounting Scholarship. This scholarship represents more than just financial support—it symbolizes an investment in the future of women in a field where we continue to strive for equal representation, leadership, and influence. I believe I am a strong candidate for this scholarship because of my dedication to academic excellence, passion for the accounting profession, commitment to serving my community, and vision for empowering women in business. From the moment I discovered the world of accounting, I was drawn to its structure, problem-solving nature, and its critical role in every organization. As a student pursuing a degree in accounting, I have maintained a strong GPA of 3.8, while actively seeking opportunities to deepen my understanding of the profession. Whether through coursework, internships, or professional development events, I am committed to building a solid foundation that will support a long and impactful career. However, my journey has not been without financial struggles and passion. After losing my father to stage 4 lung cancer in passed January 2024, I promised him that i would continue my journey and that I wanted to make him proud. I have had to navigate the academic and financial demands of higher education largely on my own. Receiving the Arkansas Women in Accounting Scholarship would allow me to focus more on my studies, participate in leadership opportunities, and ultimately graduate with less debt—all of which would position me for long-term success in the accounting profession. What truly inspires me about this scholarship is its mission to support and uplift women in accounting—a mission I deeply identify with. I have witnessed the power of strong female leadership in the classroom and the workplace, and I am committed to contributing to that legacy. I aspire not only to succeed in my own career but to serve as a mentor and advocate for other young women pursuing accounting. By supporting me, this scholarship would also be helping me support others. Beyond academics, I am passionate about giving back. I volunteer my time with local community organizations that provide financial literacy education, especially to young women and underserved populations. I believe financial literacy is a powerful tool for empowerment, and I hope to one day expand these efforts through my work as a CPA, particularly in rural Arkansas where financial services are often limited. My long-term goal is to become a certified public accountant and eventually hold a leadership position in a public accounting firm or corporate finance department. I want to bring not only technical excellence but also integrity, compassion, and mentorship to my role. I am determined to be part of the positive change that encourages more young women in Arkansas to enter and thrive in the accounting profession. In conclusion, I am applying for the Arkansas Women in Accounting Scholarship not just to fund my education, but to help carry forward a vision—one where women in accounting are leaders, innovators, and changemakers. I am ready to meet that challenge with hard work, purpose, and passion. Thank you for considering my application and for investing in the next generation of Arkansas women in accounting.
McKenzie King
University of Central ArkansasConway, AR
Growing up, I watched my single mother work two jobs just to make ends meet. We lived paycheck to paycheck, and while I always had what I needed, I could see the toll that financial instability took on her. She sacrificed so much to provide for me, and it instilled in me a deep sense of responsibility. Not only to make her sacrifices worth it, but also to build a life where I wouldn’t have to struggle the same way she did. This desire for stability, independence, and the ability to support a future family is what ultimately led me to pursue a career in accounting. Accounting stood out to me as a career that offered both structure and opportunity. I’ve always been naturally organized and detail-oriented, and I found comfort in the logic and consistency of accounting principles. But more than that, I saw accounting as a solid and respected profession that would allow me to build a stable life, one where I could support others, just as my mom supported me, but without the constant fear of not having enough. Becoming a first-generation college student has been one of my proudest accomplishments. It’s more than a personal milestone; it’s a symbol of growth and change for my family. I’m currently in a master’s program at UCA, and I’m also working a tax internship at a public accounting firm. This internship has not only confirmed my interest in the tax field, but it has also shown me the real-world impact accountants can have in helping individuals and businesses navigate complex financial decisions. I hope to continue working in tax accounting after graduation and ultimately become a licensed CPA. That designation represents more than a professional achievement, it’s a tribute to the long hours, the tough choices, and the values I’ve carried with me from childhood. I know the road ahead will be challenging, but I’m committed to the hard work because I’ve seen what it means to struggle, and I’ve seen what it means to persevere. I’m deeply inspired by women like Linda Wallingsford Holmstrom, who paved the way for women in accounting at a time when it wasn’t common or easy to do so. Her story reminds me that resilience, passion, and dedication can create lasting impact, not just in one’s own life, but for generations to come. Like her, I want to use my career to support others and to make education and opportunity more accessible for the people I love. This scholarship would not only help me continue my education, but it would also bring me one step closer to becoming the kind of professional, and the kind of woman, who can lead with both heart and skill. I’m honored to be considered, and I hope to carry on Linda’s legacy by excelling in my career and using it to uplift others, just as she did.

FAQ

When is the scholarship application deadline?

The application deadline is Jun 9, 2025. Winners will be announced on Jul 9, 2025.