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.
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.
Scholarship applicants must currently be enrolled full-time and similarly enrolled during the 2016-2017 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 2016-2017 academic year
Submit a Completed
Ritchie-Jennings Memorial Scholarship application
Provide Official Transcript(s) showing all completed college or university courses
Three letters of recommendation must be submitted on behalf of the applicant*
*At least one letter is preferred to be from a Certified Fraud Examiner (CFE). Students are encouraged to meet with a
Local ACFE Chapter to become acquainted with a CFE. Additional Letters of Recommendation should be requested from an individual who may be familiar with your fraud-related activities, interests, goals, and anti-fraud career path such as an instructor or employer.
During the application process, you will provide information on three recommenders. These individuals will receive a link to upload their individual letters of recommendation 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 2016 (students must be enrolled through 2017)
2016-2017 Scholarship Schedule:
Application Opens – September 2015
Application Deadline – completed online by February 5, 2016
Scholarship Award Recipients Announced – April 17, 2016
Scholarship Awards Distributed – April 30, 2016
Selection and Non-discrimination Policy
The 2016-2017 academic scholarship is now CLOSED. Please consider applying for the next scholarship in October 2016.
Scholarships are awarded annually on the basis of:
Completed scholarship application
Fraud-related interests, activities, goals and desired career path.
Overall academic achievement demonstrated by transcripts
Letters of recommendation
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.
Ritchie-Jennings Memorial Scholarship Award Winners
Congratulations to the
2015-2016 Ritchie-Jennings Memorial Scholarship recipients. In addition to the scholarship award, each recipient has received a one-year ACFE Student Membership.
Make a Donation Today
Please help to support the program by mailing your
contribution payable to the ACFE Foundation. Contributions and questions should be addressed to:
Attn: Scholarship Program Coordinator
Global Headquarters - The Gregor Building
716 West Avenue
Austin, TX 78701 USA
(800) 245-3321 (U.S. & Canada only)
Phone: +1 (512) 478-9000
Fax: +1 (512) 276-8127
About the Foundation
“I am really impressed and grateful to both the founder and the ACFE members who donate scholarships to students annually. The application process is very convenient, as it is all done online, and the assistance throughout the process is very helpful. I am very happy to be one of the 2014-2015 recipients because, so far, the ACFE has been very kind to me, and I hope to one day give back to the association.”
— Salome Ndackson
2014-2015 Scholarship Recipient
“It was truly encouraging receiving this award, and it has inspired me to do my best to achieve my full potential as a future professional. I thank you so much for making this scholarship program possible. I encourage you to keep the program up and make it even bigger because it definitely brings opportunity and inspiration.”
— Vinicius Hiratuka
2014-2015 Scholarship Recipient