- The Envestnet Scholarship Program is an educational opportunity that will enable qualified individuals to complete the education requirement for attaining CFP® certification.
Envestnet has partnered with the Center for Financial Planning on this endeavor as part of its Envestnet Institute on Campus program. Scholarships are offered to qualified individuals seeking to complete a CFP Board-Registered Certificate Program, which then qualifies the student to sit for the CFP® certification exam.
- Scholarships are offered to qualified individuals who can demonstrate financial need and are from underrepresented populations within the financial planning profession and academia.
Preference will be given to students from underrepresented populations (race, ethnicity, gender, sexual orientation, and disability) in the financial services profession. We define disability as described under the Americans with Disabilities Act: “A physical or mental impairment that substantially limits one or more major life activities of such an individual. A record of such an impairment or being regarded as having such an impairment”.
What To Expect
- The scholarship awards up to $5,000 to students seeking to complete a certificate-level CFP Board Registered program or up to $10,000 to students seeking to complete an undergraduate-level CFP Board Registered Program, either of which would qualify the student to sit for the CFP® exam. The scholarship may also cover the costs associated with sitting for the CFP® Certification Exam including registration, prep courses and books.
- Scholarship Applications will be reviewed by a Scholarship Review Panel comprised of CFP® Professionals.
- Individuals eligible for the scholarship will have a demonstrated financial need and come from underrepresented populations within the financial planning profession in terms of gender, race, ethnicity, disability or sexual orientation.
- Scholarship awards will be disbursed in two equal installments. To receive the first installment, recipients will have to demonstrate proof of enrollment in a certificate or undergraduate-level CFP Board Registered Program.
- If not currently enrolled in a program, recipients will have up to 6 months to enroll after being notified of the award.
- The second installment will be awarded either upon completing the program (if the awardee has already started coursework), or when the awardee is half-way through the program (if the awardee has not yet started coursework).
How to Apply
- The application window will open in early spring of 2022.
- Applications will only be accepted through the CFP Board Center for Financial Planning Scholarship application form found here> Apply Here.
- When submitting application essays and materials, please pay close attention to spelling, grammar and presentation.
- Must be a U.S. Resident.
- Must possess an undergraduate degree (if applying for a scholarship for a certificate-level program);
- Must be eligible to become a CFP® professional as outlined in the CFP Board Fitness Standards;
- Must be enrolled in a certificate or undergraduate-level CFP Board Registered Program;
- Must be from an underrepresented population within the financial planning profession in terms of gender, race, ethnicity, disability or sexual orientation;
- Must have a demonstrated financial need, as explained in an essay to be submitted during the application process;
- Must exhibit professionalism and dignity and demonstrate the ability to enhance and maintain the profession’s public image; and
- Applicants who are selected to proceed to the final round of the application review process will be required to pass a background check conducted by CFP Board.
We have an obligation and a responsibility to be investing in our students and our schools. We must make sure that people who have the grades, the desire and the will, but not the money, can still get the best education possible. ~Barack Obama
I never lose. I either win or learn. ~Nelson Mandela
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