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Leung School of Accounting

Leung School Named One of California’s Best

Best Value Schools, a top online resource for finding the college experience that’s right for you, has listed APU at No. 14 in its rankings for top accounting schools in the state of California, alongside such notable institutions as Cal State L.A., Vanguard, and USC.

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Leading the Way in Accounting Excellence

The LP and Timothy Leung School of Accounting’s vision is to “be a premier Christian accounting school, recognized as a thought leader on accounting character and competence to reflect the life of Christ and shine the light of Truth.”

LP Leung ’61 strives to make an impact in the community through supporting future accountants in APU’s School of Business and Management.

Our Programs

The school offers undergraduate and graduate accounting degrees that incorporate innovative courses in ethical accounting:

Scholarships

Azusa Pacific University founded the LP and Timothy Leung School of Accounting in 2012, thanks to an $8.6 million gift from LP and Bobbi Leung. The endowment’s purpose is to promote Christian ethics in accounting, and toward that end provides various student scholarships:

Undergraduate Students

UG Leung Scholarships are available to all students registered as an accounting major and who are enrolled in and/or have completed Intermediate Accounting I.

Yearly Amount

Scholarships are awarded in two tiers by GPA. 

Tier 1: Sophomores

  • GPA 3.5-3.75: $7,000
  • GPA 3.75-4.0: $9,000

Tier II:  Juniors and Seniors

  • GPA 3.5-3.75: $11,000
  • GPA 3.75-4.0: $15,000         

How To Apply

Students automatically receive the scholarship if they meet the following requirements:

  1. Are registered as an accounting major
  2. Meet the GPA requirements
  3. Show active enrollment in upper division Accounting courses and are moving toward completion of their Bachelor of Science in Accounting degree.

Disbursement

Once the student’s financial aid file is complete, the award usually disburses into the student’s APU account during the first month of the semester (first half of the award in fall, the second half in spring), or later depending on when documentation is received.

Renewability

Scholarships will be awarded each semester for those who meet the criteria.

To Retain Eligibility

Student’s GPA will be reviewed each semester and scholarship disbursements will be made by the Leung School of Accounting in the School of Business and Management.

Incoming Freshmen in Accounting

Incoming Freshman students are eligible for a $1,000 scholarship with a cumulative GPA of 3.5 or higher for one year only.

Sophomores

Sophomores are eligible for Tier I above.

  • First semester: Must enroll in ACCT 120 Principles of Financial Accounting.
  • Second semester: Must enroll in ACCT 121 Principles of Managerial Accounting.

Graduate Students

Graduate students in the Master’s of Professional Accounting program are eligible for a scholarship of $500 per course up to $5000. This award is given per semester for students who hold a GPA of 3.5 or above.

Learn more about the Leung School of Accounting, our faculty, and the professional success of undergraduate and graduate APU accounting students.

Accounting Programs Expand

A gift of more than $8 million from the Leung family allowed APU to broaden its accounting programs and establish the LP and Timothy Leung School of Accounting, housed in APU’s School of Business and Management, giving the accounting program the resources needed to expand its emphasis on strong academics, practical training, and teaching ethics.

Note: This information is current for the 2024-25 academic year; however, all stated academic information is subject to change. Refer to the current Academic Catalog for more information.