Scholarship&Grant Opportunities at FDU

With an accounting degree from Fairleigh Dickinson University (FDU), Richard Belott started his accounting company with his wife in 1992 and became a certified public accountant two years later. Through his firm, Richard Belott has hired junior and senior accounting students from FDU as interns. He and his wife also donate regularly to FDU’s scholarship fund.

Founded in 1942, Fairleigh Dickinson University is a private university with its main campuses in New Jersey. It offers over 100 degree programs and provides undergraduate scholarships to students who demonstrate high academic performance.

FDU offers merit-based scholarships that are renewable annually for four years to full-time students who do not fall below a particular GPA. The university automatically considers all students who apply for the merit award.

The Phi Theta Kappa Honor Society Transfer Awards are also among the many scholarship opportunities available at FDU. The society awards transfer students who are its members annually. Transfer students have to verify their PTK membership and maintain a 3.0 GPA to be eligible for this scholarship award. Also, recipients of the award must have earned an associate degree.

The Phi Theta Kappa Scholarship Awards are renewable for two years. Other scholarship and grant mediums at the FDU include the Children of Alumni Grant, Athletic Scholarship, and FDU Family Grant.

The Enhanced CTC Proceeds

The founder and owner of Belott & Company CPAs, LLC in Chatham, New Jersey, Richard Belott is a certified public accountant who graduated with a bachelor's degree in accounting from Fairleigh Dickinson University. At his company, Richard Belott advises clients on retirement and estate planning. His company website, www.belottcpa.com, also provides visitors with trending tax news via newsletters.

The federal government made the first child tax credit payments in July 2021 to more than 35 million households with 60 million children. According to the US Treasury Department and the Internal Revenue Service, almost $15 billion was transferred in the payout. $423 was the average payout.

The funds come from the enhanced child tax credit (CTC) program, which was included in President Joe Biden's American Rescue Plan, signed into law in March. For the 2021 tax year, the act increased the existing child tax credit from $2,000 to $3,000 and added a $600 incentive for children under the age of six. Families will get half of the credit in monthly payments from July through December. Families that will receive full credits will get $300 monthly for kids under the age of 6 and $250 monthly for those aged 6 to 17.

Overview of Belott and Company

A certified public accountant with over three decades of experience, Richard Belott owns and operates Belott & Company CPAs, LLC, which he established in 1992. In this role, Richard Belott provides customers with estate and financial planning services.

Belott and Company CPAs is a group of seasoned public accountants committed to providing expert advice and services to clients, including independent professionals, business owners, and executives. They help clients navigate a wide range of financial matters, from retirement planning and investment to business information, real estate, and tax. The firm's high standards and prompt service distinguish it from other similar services in the sector.

Honest and knowledgeable professionals at Belott and Company CPAs also offer elder care assistance to clients whose parents or other family members are seniors and need help in their day-to-day financial activities like household bill payments and balancing of checkbooks. The professionals help these seniors with their basic finances and business duties and keep the client abreast with every single financial step. This way, the client can rest assured that their family member's needs are met on time.