Financial Awards for College Degrees and Professional Credentials

Division Guideline 
Financial Awards for 
College Degrees 
and Professional Credentials

Creation Date:  
19 Sept. 2005
 

Examples of Professional Credentials that Meet Level I Criteria (requires certification through substantial education [i.e., 4-year degree], experience, and testing)

Type of Credential

Education

Experience

Testing

Certified Public Accountant (CPA)

Masters Degree, generally in accounting

At least 1000 hours of work experience with a CPA

Pass exam that has 4 sections (financial, tax, business law, and audit).  Each section takes around 4 hours to complete.  After passing each section, you then need to pass a Utah State Rules exam and then also take an ethics exam.

Professional Engineer

4-year degree from an accredited school of engineering

4 years experience being employed by a PE.

o       Pass 8 hour Fundamentals of Engineering exam

o       Pass 8 hour Professional Engineers exam

Examples of Professional Credentials that Meet Level II Criteria (requires certification through some amount of education, experience, and testing)

Type of Credential

Education

Experience

Testing

Certified Purchasing Manager

3 years professional purchasing/supply management experience and at least a four-year degree from an accredited institution or 5 years professional purchasing/supply management experience

Pass 4-hour exam which includes 4 parts

Journeyman Plumber OR Electrician

Completion of 2 year trade school and 4 years experience

OR 8 years experience

Pass a competency exam consisting of 1- 4 hour practical and 1- 4 hour written

Master Electrician

 

8 years experience as a journeyman

Pass a 6 hour written exam

Certified Facilities Executive

 

7 years of experience in the top two levels of management at a public assembly facility and be a graduate of a four-year college or university.  Additional public assembly facility experience may be substituted year-for-year for the educational requirement.

Pass written essay, 4-hour examination, and oral interview

Note:  Certifications differ from certificate programs because certifications include an experience component.  Certificate programs, on the other hand, award certificates once a course of study has been completed and do not require previous work experience.