The first two recipients of the Moss Adams Scholarships are LMU sophomores Irene Albia and Craig Cerniglia.

They will each receive $5,000 toward their junior year tuition, and the scholarship may be available for renewal for their senior year.

The Moss Adams Foundation has formed a partnership with Loyola Marymount Universityís (LMU) Accounting Department to provide sophomore accounting majors with scholarships for their junior year of study.

The foundation plans to continue this scholarship program through the next four years.

The awards were presented by John Wholihan, dean of the College of Business Administration, at the Accounting Societyís Annual Spring Awards Banquet.

Members of Moss Adams, LLP were also in attendance, including partner Curtis Abramson, senior operations manager Robert Terada and college recruitment coordinator Arpi Ayvazian.

ìThis merit-based accounting scholarship program recognizes the achievements of students in a very challenging program and is awarded to students based on academic achievement, participation in extracurricular activities and leadership potential,î said professor Alan Falcon, who serves as the accounting departmentís scholarship coordinator. ìIn addition to the studentsí outstanding academic achievements and participation in diverse extracurricular activities, Craig and Irene both exhibit maturity, a professional attitude and a desire to pursue careers in public accounting.î

Cerniglia is enrolled in the LMU Honors Program and is a member of the Ignatians, an LMU service organization.

He also volunteers at the Midnight Mission, serving food to the homeless, and with Special Games, working with the special needs community. He is a member of the Student Honors Advisory Council and has recently been inducted into Beta Gamma Sigma, the business honor society. He will be studying abroad in Bonn, Germany, during the fall semester.

Albia is an active member of Isang Bansa, which is the Filipino American organization. She currently holds the position of secretary and, during her freshman year, she was internal relations officer for the group. Albia is currently vice president of scholarship and awards for Delta Sigma Pi, and she served as its director of internal affairs during her freshman year.

In addition, she has been inducted into Beta Gamma Sigma, the business honor society. She will be studying abroad in Asia this summer.

ìIím definitely excited about receiving this scholarship,î said Albia. ìMoss Adams is the 12th largest accounting firm in the country and I am eager to form a closer relationship with them. This is a great opportunity.î

Over 50 scholarships were presented at the banquet, held on March 29th, from 20 organizations and LMU Alumni, including the American Society of Women Accountants, the California Society of CPAs, the R. Chad Dreier Endowed Scholarship Program and the Stephen and Judy Page Endowed Scholarship Program.