CFP® Certification Education Program Diversity Scholarships
Our program awards up to 60 scholarships annually to qualified individuals seeking to complete the education requirement needed to obtain CFP® certification and who are from an underrepresented population within the financial planning field, which might include differences based on gender, race, ethnicity, disability, and sexual orientation.
Each scholarship covers the full cost of our 1-year program for CFP® certification education and consists of:
- 9 months for required education (fixed schedule of Live Online classes)
- 3 months for Exam Prep Review (choice of Onsite, Live Online or OnDemand classes)
Our scholarships prepare awardees to sit for the CFP® exam 1 year after the start of the scholarship. Up to 20 scholarships will be awarded three times per year (totaling up to 60 scholarships annually). Based on when recipients are awarded their scholarships, they would start their CFP® certification education program in March, July, or November.
- Must be a U.S. resident.
- Must have a bachelor’s degree from a regionally accredited institution or the equivalent of a bachelor’s degree from an institution outside of the United States.
- Must be registered or intend to register for the 1-year CFP® Certification Education Program through College for Financial Planning®—a Kaplan Company and be committed to the following:
- Starting the 1-year program based on the awarded scholarship start date. Depending on when a recipient is awarded a scholarship, class cohorts would start in March, July, or November.
- An average of 15 hours of class and coursework time each week to successfully keep pace with the structured-pace program.
- Must not be a student who is currently enrolled in a CFP® certification education program or CFP® certification education course through the College for Financial Planning® —a Kaplan Company.
- Must demonstrate a strong work ethic, significant achievements in the classroom or workplace and the highest personal integrity.
- Must come from an underrepresented population within the financial planning profession. The applicant must demonstrate how they represent an underrepresented demographic, which might include differences based on gender, race, ethnicity, disability, sexual orientation, etc.
- Industry experience is strongly preferred but is not required.
Students interested in applying for a diversity scholarship must complete the application online via the College website. Applicants are required to complete the following:
- Diversity Scholarship Application (online)
- Letter of Reference
- Completion of required essay questions
Up to 20 scholarships will be awarded three times a year (totaling up to 60 scholarships annually). Prospective applicants should visit the College’s website for more information.
The College for Financial Planning®—a Kaplan Company awards merit scholarships to individuals who show significant potential or have already achieved outstanding success in finance, financial planning, and/or financial analysis and show promise of being future industry leaders.
Important: Students who are currently enrolled in any education program or course through the College for Financial Planning®—a Kaplan Company are not eligible to apply. Scholarship applications received from students who are currently enrolled will be automatically withdrawn.
All applicants must meet the following requirements:
- Must be a U.S. resident
- Must not be a student who is currently enrolled in any education program or course through the College for Financial Planning®—a Kaplan Company
- Must have a bachelor’s degree from a regionally accredited institution or the equivalent of a bachelor’s degree from an institution outside of the United States if applying for either a merit scholarship for CFP® certification or Master of Science degree program. (Note: A bachelor’s degree is not required if applying for a professional designation merit scholarship.)
- If applying for a merit scholarship for CFP® certification or Master of Science degree program, must have the following experience:
- CFP® certification – must have between two (2) and seven (7) years experience in the financial planning profession
- Master of Science degree program – must have five (5) or more years experience in financial planning
- Must provide a copy of their current resume (see application below)
- A written response related to your goals and achievements (see application below)
- A written response to the following question: If this scholarship is an investment in you, what will be the financial planning industry’s return on investment? (500-750 words)
- One (1) letter of recommendation from a professional contact
For certain merit scholarships, applicants awarded scholarships must also agree to enroll in and complete their education program as follows:
Timing of Scholarship Announcements
Awardees will be contacted by email and phone approximately 1 month after each deadline.
Any questions and all communications regarding the scholarships can be directed to the CFFP Scholarship Committee: Scholarships@cffp.edu
CFP® Certification Merit Scholarship
- Enroll within 90 days of being awarded the merit scholarship in either the College’s structured pace or self-paced education program and
- Complete the education program within two years
Designation Program Merit Scholarship
- Enroll within 90 days of being awarded the merit scholarship in a designation program and
- Complete the program within 120 days after receiving online access
Master of Science Degree Program Merit Scholarship
- Apply for the Master’s program within 90 days of being awarded the merit scholarship
- Complete the program within five years
The annual application deadline is June 30.
Loren Dunton Master of Science Degree Program Merit Scholarship
The scholarship is awarded in honor of the late Loren Dunton, who was the driving force that solidified the ideas and activities of the professional financial planner. Mr. Dunton played a significant role in the creation and promotion of the IAFP, the College, and Institute of Certified Financial Planners. For this scholarship the College considers individuals who have proven to be leaders in the financial planning field and have given something back to the profession.
David M. King CFP® Certification Merit Scholarship
Honoring the achievements of David M. King, who held the position of board chairman at three major financial planning organizations (The College for Financial Planning,1983-1985; The Institute for Certified Financial Planners, 1979-1980; and the first chairman of the Certified Financial Planner Board, 1985-1987), this scholarship for CFP® certification is typically awarded annually to a recipient with experience in the financial planning profession who shows significant potential for industry leadership.
Ginger E. Current Professional Designation Program Merit Scholarship
- Accredited Asset Management SpecialistSM
- Accredited Behavioral Finance ProfessionalSM
- Accredited Portfolio Management AdvisorSM
- Accredited Wealth Management AdvisorSM
- Chartered Retirement Planning CounselorSM
- Chartered Retirement Plans SpecialistSM
- Chartered SRI CounselorSM
- Financial Paraplanner Qualified ProfessionalSM