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Through the Ritchie-Jennings Memorial Scholarship, the ACFE Foundation supports the education of students who have an interest in pursuing a career in fraud examination. The scholarship provides an opportunity for students to advance their education and anti-fraud career paths. Many of these outstanding and deserving students go on to become Certified Fraud Examiners.
The Ritchie-Jennings Memorial scholarship award amounts are $10,000, $5,000, $2,500, and $1,000. Scholarships are awarded in U.S. dollars and include a one-year ACFE Student Associate membership . Awards will be paid directly to the award recipient’s university.
History
The Ritchie-Jennings Memorial Scholarship Program was named after two members of the ACFE, Larry Jennings, CFE, CPA, 49; and Tracy Ritchie, CFE, CPA, 41; both of Houston, Texas. They were among five people fatally wounded when terrorists in Karachi, Pakistan fired upon their vehicle on Nov. 14, 1997. All five were employees of Houston-based Union Texas Petroleum Holdings Inc. Mr. Ritchie served as senior audit supervisor and Mr. Jennings served as audit manager for the company. They were en route to Union Texas’ Karachi office.
Surviving spouses Jacqueline Ritchie and Deborah Jennings are proud that their husbands’ names are associated with the program, which was established in 1992. “I can’t think of a more appropriate way to honor Larry and Tracy,” said Mrs. Jennings.
“I’m very pleased that the program is named in their honor,” said Mrs. Ritchie. “It’s very fitting. My husband enjoyed being part of the Association. This is a wonderful cause,” she said.
Mrs. Ritchie and Mrs. Jennings have raised funds for the program and ACFE members help underwrite the scholarship fund with their donations.
“Both men exemplified the true spirit of our organization with their devotion to detecting, investigating and deterring fraud and white-collar crime,” said Dr. Joseph T. Wells, CFE, CPA, Chairman and founder of the ACFE.
Tracy Ritchie
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Larry Jennings
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2019-2020 Scholarship Schedule:
2019-2020 Application – NOW OPEN
Application Deadline – Completed online by January 30, 2019
Scholarship Award Recipients Announced – April 20, 2019
Scholarship Awards Distributed – April 30, 2019
Eligibility Criteria
Scholarship applicants must currently be enrolled full-time and similarly enrolled during the 2019-2020 academic year at an accredited, four-year college or university. Applicants must have a declared major or minor in accounting, business administration, finance or criminal justice and demonstrate a desire to pursue a career in fraud examination or similar anti-fraud profession.
Applicants must meet the following requirements in order to be eligible:
Undergraduates must be enrolled 9 semester hours (or equivalent) per term
Graduates must be enrolled 6 semester hours (or equivalent) per term
Be currently enrolled at an accredited, four-year college or university with enrollment through the 2019-2020 academic year
Submit a Completed Ritchie-Jennings Memorial Scholarship application
Provide Official Transcript(s) showing all completed college or university courses
Two recommendation forms must be submitted on behalf of the applicant*
*At least one form is preferred to be from a Certified Fraud Examiner (CFE) or a professor. Students are encouraged to meet with a Local ACFE Chapter to become acquainted with a CFE. Additional recommendation forms should be requested from an individual who may be familiar with your fraud-related education, interests, goals, and anti-fraud career path such as an employer or professor.
During the application process, you will provide information on two recommenders. These individuals will receive a link to upload their individual recommendation forms on your behalf.
The following persons are not eligible to apply:
Past scholarship award recipients
High school students (including seniors)
Junior college or community college students
College or university students graduating in 2019 (students must be enrolled through 2020)
ACFE Chapter directors or officers
Selection and Non-discrimination Policy
Scholarships are awarded annually on the basis of:
Completed scholarship application
Recommendation Forms
Fraud-related interests, activities, goals and desired career path.
Overall academic achievement demonstrated by transcripts
The ACFE Foundation does not discriminate on the basis of race, religion, color, national origin, age, gender, disability or sexual orientation in any of its programs or activities.
