Government Finance Officers Association of New Jersey (GFOA) has announced that they will again be making available up to (4) scholarships of up to $1,500.00 through the Association’s Collegiate and CMFO Track Scholarship programs in honor of the late Bill Homa. Applications are due March 20, 2026, and must be emailed to info@gfoanj.org.
The GFOA Collegiate Scholarship is for either the cost of registration for two attendees at the GFOANJ’s Fall Conference in 2026 or one room for a two-night stay at the GFOA’s Fall Conference in 2026. To apply applicants must be residents of New Jersey and must be full or part time students with a declared major in a field of study related to accounting, finance, or an equivalent subject. Applicants must include unofficial transcripts, a minimum of (2) sealed letters of recommendation, and a (1) page statement regarding their public sector career plans and why they deserve this scholarship.
The GFOA CMFO Track Scholarship will award one scholarship to cover the cost of the tuition for (1) of following eligible programs: Municipal Finance Administration; Municipal Budget Process; Municipal Current Fund Accounting 1; Municipal Current Fund Accounting 2; Municipal Capital and Trust Fund Accounting; Municipal Utility Fund Accounting; Principles of Financial Management; Preparation of Annual Financial Statements; and, CMFO Exam Review Statutes/Accounting. This scholarship will also include the cost of registration for (2) attendees at GFOANJ’s Fall Conference in 2025 and (1) room for a (2) night stay at GFOANJ’s Fall Conference in 2026.
To apply for the GFOA CMFO Track Scholarship applicants must be residents of New Jersey. Applicants must have graduated from a (4) year course of study at a recognized college or university with a major course study in business administration, accounting, or an equivalent subject. Applicants must possess (6) credits in Introduction to financial accounting or managerial accounting (accounting 101 and 102) at the college level; or must have (4) years of full-time experience as a municipal director of finance, assistant director of finance, fiscal officer, municipal comptroller, assistant comptroller, municipal treasurer, assistant municipal treasurer or deputy treasurer in any local unit. Applicants who do not possess (4) years of full-time experience in such a position may substitute (1) year of college education for (1) year of experience, up to a maximum of (2) years of college education. (1) full year of college education is equal to 30 college credits. Applicants must produce a certification of “Years of Service” needs if qualifying under full-time experience and must not be eligible for reimbursement by their employer for CMFO Curriculum. Applicants must also submit a minimum of (2) sealed letters of recommendations and a (1) page statement regarding their public sector career plans and why they deserve this scholarship. This scholarship is a (1) time, non-recurring award payable directly to the Rutgers Center for Local Government Studies. Should the scholarship recipient be enrolled in more than one course concurrently, the GFOANJ will pay for the most expensive course.