The Income Tax School Founder’s Scholarships

Presented by Chuck McCabe, Founder and CEO

Chuck McCabeThe Income Tax School (ITS) is proud to offer the second annual Founder’s Scholarships in honor of ITS Founder and CEO, Charles E. “Chuck” McCabe.  The scholarships are intended to enable three deserving individuals to realize their professional career potential despite personal and financial obstacles, as has Chuck McCabe. Qualification criteria for the scholarships are based on financial need and demonstration that the applicant is committed to high moral values and has the motivation, self-discipline and perseverance to achieve extraordinary success as a leader in the income tax preparation industry.

The Income Tax School Founder’s Scholarship is designed to assist individuals with financial need to learn tax preparation and embark on new careers as tax professionals

The scholarships are for the full value of ITS Chartered Tax Certificate programs including Tax Business Start-up Guides priced at $994 for the CTA, $1,441 for the CTC and $2,335 for the CTP.  Total value of the three scholarships is $4,770.

Read what last year’s winners had to say:

“The first thought I had was “I can’t believe I got it”. The odds seemed to be against it. The next thought was I would never be able to provide this for myself. I am at a point in my life that called for a lot of changes and this scholarship was the first step in accomplishing new and needed income and confidence.”

Mary Lakes, Chartered Tax Advisor Founder Scholarship Recipient

“Thank you for selecting me to receive the Chartered Tax Professional scholarship! I am so grateful and excited for what the future holds. It’s been a long time since I’ve been this excited. My husband handed me the envelope and my heart dropped. As I read the first line, ‘Congratulations…’ I started screaming and jumping up and down, I even started crying. Winning this scholarship is such a huge blessing. No longer do I have to wonder will someone give me a job. The Income Tax School is teaching me the skills to pay the bills! Thank you for this amazing opportunity!”

— Dana Miller, Chartered Tax Professional Founder Scholarship Recipient

Scholarship Eligibility Criteria:

  • Not currently or previously employed or self-employed in the field of taxation
  • Not currently or previously enrolled as a student in course with ITS
  • Must be a resident of the United States
  • Application must include the following:
    • Complete and sign the required Scholarship Application
    • Provide an explanation of the financial obstacles preventing you from paying on your own
    • Write an essay that adequately covers the following information about you:
      • employment history
      • brief biographical profile
      • key achievements
      • personal values
      • career objectives

Selection Process:

The ITS Scholarship Committee will review all applications and submit applications of finalists to Chuck McCabe who will make the final selections of scholarship recipients. Scholarship Applications will not be considered unless completely filled out, signed, and accompanied by all appropriate supporting documentation.

Application Deadline:

All applications and supporting documents must be received no later than Tuesday, June 30, 2015

Scholarship winners will be notified and recipients will be announced on The Income Tax School website on August 4, 2015.  Each scholarship recipient will be required to submit a photograph, short bio and release for publication of the award announcement prior to awarding the scholarship into the Chartered Tax Certificate programs.

Send the completed application with supporting materials to the address below, or scan and email to

The Income Tax School
Attn: Scholarship Committee
10120 West Broad Street, Suite A
Glen Allen, Va. 23060