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CAAP Admissions

Earning a Certificate in Advanced Accounting Proficiency will help you enhance your bachelor’s degree to start a career in accounting fast. Our 10-month program grants all the necessary accounting units to sit for the California CPA Exam. The program includes professional development workshops, tutoring, networking and recruiting events, and gives you access to our alumni ambassador network.

Applications are typically processed within two to four weeks. If you have any questions about the application process, watch an info session or contact us at

Program Costs

Application Fee
Cost Per Unit
Total Cost


Can I take the CAAP program while in a master degree program?

Yes. Please keep in mind that students in the CAAP Program earn undergraduate units, not graduate units. Units earned in the CAAP Program cannot be transferred to replace MBA classes at Santa Clara University. Transferring units to other institutions is at the discretion of the degree-granting institution.

Does the CAAP program accept transfer credit?

No. Exceptions can be made for undergraduate or MBA accounting course(s) taken at Santa Clara University. Please contact us at for more specific guidance.

Can I continue to work full-time and successfully complete the CAAP program?

All classes are held on Sundays to limit conflict with traditional work schedules.

Does the CAAP program cover all of the accounting units needed for licensure in California?

Yes. The CAAP program is designed to meet all of the requirements for accounting units when all courses are completed (ACTG 180-187).

Are there other requirements to sit for the California CPA exam beyond accounting?

Yes. There is also a business unit requirement that must be met in order to sit for the CPA Exam. The CA Board of Accountancy ( provides more information about the requirements in the Uniform CPA Examination Handbook found at:

How can I evaluate my classes that I have on my transcripts?

The California Board of Accountancy also has a self-assessment worksheet designed to assist you in evaluating the education you have already completed and planning for any future education found here:

Once I pass the California CPA exam will I be a licensed CPA?

No. After you have qualified and passed the California CPA you must then meet licensure requirements. For more detailed information please see

Payment and Refund Policy

The CAAP Program commits faculty and University resources, so students are urged to understand the payment, refund, and cancellation policy before committing to the program. Students must make payment in full for all courses they wish to take.

Bills will be available on August 1, December 1, and March 1, and will include tuition for classes in which you are enrolled in that quarter. Bills are due August 21, December 21, and March 21. If you withdraw prior to the first day of your first course, you will receive a 100% tuition refund (less $200 non-refundable deposit). If you withdraw after the first class meeting, you will not be eligible for a refund for that class, but will be allowed to receive a 100% refund for any course that has not yet begun. There will be no refund provided for any course that has already begun.

Types of Loan Programs

There are two federal student loan programs available for students enrolled in the Certificate of Advanced Accounting Proficiency program.  If this federal aid is unavailable or insufficient, other loan options such as a private alternative loan can supplement the difference.

Free Application for Federal Student Aid (FAFSA)

We recommend that you first complete a Free Application for Federal Student Aid (FAFSA) at to determine federal eligibility.  The FAFSA should be completed at the time you are completing your admission application for the Certificate of Advanced Accounting Proficiency program. When completing the FAFSA, it is critical that you answer as a “Fifth-Year Undergraduate” when asked about your grade level.

Unsubsidized - William D. Ford Federal Direct Loan

You must enroll at least half-time to be eligible for William D. Ford Federal Direct Loan.  The maximum amount that a student can borrow each academic year is dependent on the program ($7,500 for dependent students, $12,500 for independent students). 

Federal Direct Loans - loan funds from this option will be sent to Santa Clara University and credited to your student account after all loan documents have been completed.

NOTE: With the passage of the Student Loan Certainty Law of 2013, federal student loan interest rates are tied to the financial market.  Under this act, interest rates will be determined each spring for new loans made for the upcoming award year, which runs from July 1 to the following June 30.  Each loan will have a fixed interest rate for the life of the loan.

Private Alternative Loan

Private Loans can help you pay your college expenses that may not be covered by federal loan programs or other financial aid.  Interest rates are generally variable for private alternative loans and are typically higher than federal loans.  In order to receive this loan, student must choose a lender, apply for the loan and complete the Master Promissory Note online using the lender’s website.  If you choose this option, the loan funds will be sent to Santa Clara University and credited to your student account after all loan documents have been completed.

For additional information or for assistance with the financial aid process, students should contact the Enrollment Services Center at or (408) 551-1000

Note: Every effort has been made to ensure the accuracy of the information. However, since financial aid policy is subject to change, especially regulatory change, which occurs frequently at federal, state and University levels, the information contained herein is subject to change without notice. jsr REV 1-2015

To be awarded with federal loans, please begin by completing the FAFSA at

The FAFSA should be completed at the time you are completing your admissions application for the CAAP Program. When completing the FAFSA, it is critical that you choose "Fifth-Year Undergraduate" as your grade level on the application.

Once you have been admitted to the CAAP Program and the Financial Aid Office has received your FAFSA, we will generate an electronic financial aid award letter listing your federal student loan eligibility. Once you are awarded the federal loans maximum by the Financial Aid Office, please accept the loans on eCampus and complete the required Master Promissory Note (MPN) and Entrance Counseling Tutorial online at Your Federal Student Aid PIN is required to access this secure website. The loan funds will not disburse to your student account until both requirements have been completed. 

For Private Alternative Loans, please visit the Financial Aid Office's website at to obtain information on how to choose a lender and apply online for this loan. When completing the online application for a Private Alternative Loan using your lender's website, please specify your grade level as "Fifth-Year Undergraduate" or "undergraduate." The lenders will ask for your grade level on the loan application and it is critical that they understand you are not in a graduate program. 

Please contact the Enrollment Services Center at (408)-551-1000 or via e-mail at with any questions throughout the financial aid application process.

Pull quote illustration

In the same year that I graduated from UC San Diego, a close friend of mine enrolled in the CAAP program. As I worked in an analytical role, I watched my friend graduate CAAP, pass recruiting, and secure a job offer from a Big 4 firm. Throughout the next two years, I was enthralled by his stories from the accounting/finance world and about the CAAP program and its life-changing capabilities. I made the leap of faith and changed my career to accounting, enrolled in CAAP, and utilized its vast recruiting opportunities, landing multiple job offers and accepting my dream job at a Big 4 myself! I have become a firm believer in the statement "CAAP will change your life," and I am deeply grateful for the opportunities that CAAP has provided me in just four short months.

Itai Khen
CAAP Summer 2021 Alumnus

Feel free to contact us or email: We're here to help!