In partnership with Intuit , the multinational financial technology platform that produces Intuit TurboTax, Credit Karma, QuickBooks, and Mailchimp, Education at Work, a national non-profit dedicated to work-based learning, has launched a new pilot program designed to assist college students in gaining practical experience in the tax, accounting, and financial services industries while earning money to help defray college expenses.
Up to 60 Arizona State University undergraduate students will participate in the program’s first phase, which begins in the autumn of 2024, working flexible, part-time jobs in Intuit’s TurboTax division in exchange for tuition support worth up to $5,250.
The students will have the chance to advance into positions in Intuit’s Expert Network, which links tax professionals with small businesses and consumers, based on how well they perform on the job.
According to research by the U.S. Bureau of Labor Statistics, there will be a high demand for tax and accounting professionals, such as tax preparers and counselors, due to the expanding economy and the increasingly complicated tax and regulatory environment.
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“The industry is seeing a critical shortage of certified tax and accounting professionals and this new program helps us strengthen our talent pipeline by making careers in tax and accounting accessible and attractive to a diverse group of students,” said David Graham, senior vice president of Intuit’s Expert Network, a community of thousands of tax, accounting, and bookkeeping professionals supporting Intuit’s customers.
Early career accountants, tax preparers, and counselors are in great demand because senior professionals are retiring at an increasing rate and there aren’t enough young people joining the field. Furthermore, Handshake, an early career recruiting tool that focuses in college student job placement, lists accountant as the second most-posted role.
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“For too many college students, work is more of a burden than it is a benefit. We’re transforming this outdated model by offering students career opportunities that are not only financially lucrative but also professionally impactful,” said Jane Swift, president of Education at Work, who rose to become governor of Massachusetts and was a college student who received Pell Grants, state and federal financial aid and worked throughout her four-years in college. “Our goal is to help companies like Intuit meet critical business needs by building a college-to-career talent pipeline while simultaneously helping students gain the practical experience and professional networks they need to thrive in the workforce.”
The Education at Work initiative expands upon almost ten years of campus-based collaborations with public colleges, such as Arizona State University and the University of Texas at El Paso. Nearly 8,000 students countrywide have received approximately $107 million in combined earnings and tuition support from Education at Work since its founding in 2012.
Comparing participating students to their institutional peers, they have a 25% higher chance of graduating from their school and leaving with 40% less debt. 50% of the participating students are first-generation college graduates, and 75% of them identify as students of color.
About Intuit
Intuit‘s worldwide technology platform helps customers and communities solve their biggest financial problems. Serving millions of consumers worldwide with TurboTax, QuickBooks, Credit Karma, and Mailchimp, think everyone should succeed and strive hard to develop new, inventive methods to do so.
About Education at Work
Education at Work helps American companies hire hard-working, tech-savvy college students for project management, analytics, customer support, and other positions.
