Since 2019, 53 scholarships distributed, $270K funds awarded, 14 CFP® Pros Minted, 5 passed the exam,
12 completed the education
Apply now for The Envestnet Scholarship.
Application window will be open from February 23 through April 2, 2023
- 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 3 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).
- Scholarship applicants will be notified of the award decision via email in May 2023. If you have a question about the status of your application, please contact email@example.com.
How to Apply
- The application window will be open from February 23 through April 2, 2023.
- 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 and grammar, as that will be factored into the grading process.
- When submitting application essays and materials, please pay close attention to spelling and grammar, as that will be factored into the grading process.
- Must not be a prior recipient of a CFP Board Center for Financial Planning scholarship;
- Must be a U.S. Resident.
- Must be from an underrepresented population within the financial planning profession in terms of gender, race, ethnicity, disability or sexual orientation;
- In order to receive the award, must be enrolled in an undergraduate or certificate-level CFP Board Registered Program. Click here for a list of eligible programs. If not enrolled at the time of applying, scholarship awardees will have up to 3 months to enroll or forfeit the award;
- If applying for an undergraduate-level scholarship, must not be in the final semester at the time of the application;
- If applying for a certificate-level scholarship, must possess an undergraduate degree and must not have completed more than 5 courses in the certificate-level program at the time of the application.
- Must provide documentation of enrollment in an eligible program and costs prior to receiving the award;
- Must have a demonstrated financial need, as explained in an essay to be submitted during the application process;
- Must demonstrate commitment to the financial planning profession, as explained in an essay to be submitted during the application process; and
- Must exhibit professionalism and the ability to enhance and maintain the profession’s public image as demonstrated in an essay to be submitted during the application process.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.
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