The Envestnet Scholarship Program


An Educational Opportunity

The Envestnet Scholarship Program

An Educational Opportunity 


The Program

The Envestnet Scholarship Program is an educational opportunity that will enable qualified individuals to complete the education requirement for attaining CFP® certification.




We offer scholarships to individuals seeking to complete a CFP Board-Registered Certificate Program, which then qualifies the student to sit for the CFP® certification exam. The scholarship program was established pursuant to an agreement between the Certified Financial Planner Board of Standards, Inc. and Envestnet.


The Scholarship

Scholarships will be available annually and offered to U.S. residents. Applicants must have obtained an undergraduate degree and intend to enroll in a CFP Board-Registered Certificate Program within the next six months. Applicants will be evaluated based on criteria that will include evidence of academic excellence, highest personal integrity, and financial need.



Preference will be given to students from underrepresented populations (race, ethnicity, gender, sexual orientation, and disability[1]) in the financial services profession.[1] 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 Envestnet Scholarship is up to $5,000 depending on the cost of your Certificate program. The scholarship may also cover the costs associated with sitting for the CFP® Certification Exam including registration, prep courses and books.
  • Scholarship recipients will be given 50% of the total scholarship at the beginning of their program of study and the remainder during their second year of study or upon completion of their Certificate program.
  • Scholarship Applications will be reviewed by a Scholarship Review Panel comprised of CFP® Professionals.
  • Applications will be reviewed by a Scholarship Review Panel comprised of CFP® Professionals.

How to Apply




  • The application window will open in February of 2021 for Envestnet Scholarships to be awarded later in the month of April, 2021.
  • Applications will be accepted on the CFP Board Center for Financial Planning Scholarship website.



Eligibility Requirements

  • Must be a U.S. Resident.
  • Must possess an undergraduate degree.
  • Must be eligible to become a CFP® professional as outlined in the CFP Board Fitness Standards.
  • Must be enrolled in a CFP Board Registered Certificate Program, or a prospective candidate who will enroll in a CFP Board Registered Certificate Program within 6 months of being selected as a scholarship recipient.
  • 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. Applicants that are selected to proceed to the final round of the application review process will be subject to a background check.


Companies with higher levels of gender diversity and with HR policies and practices that focus on gender diversity are linked to lower levels of employee turnover. 4
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


The addition of women to all-male sales teams contributes to improved team performance. However, teams are more likely to reap the benefits of diversity on team performance when inclusion is part of the organizational culture. 24


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