NIU Business Scholarships


Jeff A. Spencer

Jeff A. Spencer is an investment advisor representative, CPA, the Managing Member of INNSBRUCK FINANCIAL CONSULTANTS LLC and President of The Spencer Group, Inc. (the parent company). He earned a Bachelor of Science degree in accounting from Southern Illinois University in 1967 and an MBA from Northern Illinois University in 1971. He began his career as an instructor of accounting at Indiana State University in 1971. In 1974 he began his CPA practice in Brazil (relocated to Terre Haute in 2006) and added a Rockville office in 1978. Although no longer a principal in the firm of Spencer Associates CPA’s LLC, he remains affiliated as a senior consultant. He is a member of the Greater Indianapolis Financial Planning Association, American Institute of CPA’s, the Indiana CPA Society, and the Illiana Estate Planning Council.

Scholarship Criteria

The preferred candidate:

  • Is a full-time, entering freshmen or a full-time transfer student who has been accepted into the NIU College of Business
  • Is in good academic standing, with a preferred GPA of 3.0 or higher
  • Demonstrates financial need
  • Exhibits leadership strengths as demonstrated by, but not limited to, the following:
    • Volunteer or community leadership experience (i.e., student council, scouts, sports, church, etc.)
    • Intends to participate in College of Business student organizations
    • Life experiences which indicate strong leadership skills
  • Additional consideration given to a student entering NIU who has served in the United States Armed Forces who demonstrates financial needs to support his/her family with living expenses (spouse and children)