CFP Board Center for Financial Planning announces record number of scholarships awarded in 2021

WASHINGTON, January 27, 2022 /PRNewswire/ — The CFP Board Center for Financial Planning (“Centre”) today announced a new one-year record for scholarships awarded to students and recent graduates working toward CFP® certification. The Center introduced 80 new scholarships in 2021 (a 67% increase from 48 scholarships in 2020), offering more than $300,000 to beneficiaries (an increase of 50% compared to more than $200,000 awarded in 2020).

This milestone brings the Center to a total of 180 scholarships awarded, offering more than $800,000 to aspiring CFP® professionals since the launch of the first scholarship program in 2016.

“2021 has been another banner year for the Center’s scholarship programs, with a significant increase in the number and amount awarded to aspiring CFP® professionals,” said the CEO of the CFP Board. Kevin R. Keller, CAE. “Scholarships are a key part of the Center’s mission to create a more diverse and sustainable financial planning profession. We congratulate all who received scholarships in 2021 and look forward to successful scholarship cycles in 2022 and beyond. of the.”

“Scholarships play a vital role in creating a talent pool to ensure that the financial planning profession can recruit and retain the talent it needs to grow,” said the Centre’s Managing Director. DA Abrams, CAE. “We commend the scholarship sponsors for their commitment to training new financial planners. These scholarships will help foster a more diverse workforce that reflects the changing demographics of United States.”

The Center currently administers ten different scholarship programs launched jointly with sponsors and donors. Each scholarship program helps individuals complete the education and examination requirements for the CFP® certification. Five new scholarship programs were launched in 2021:

The Centre’s scholarships play a vital role in building the profession’s talent pool and promoting workforce diversity by awarding funds to students from populations that are underrepresented within the profession. financial planning.

For more information on Center scholarships, eligibility and submission requirements, and how to apply, visit the CFP Board website. The need for scholarships is much greater than the number of scholarships available. Organizations interested in establishing a hallmark scholarship program through the Center may contact Eddy DemirovicCFP Board Director of Talent Pipeline, at [email protected].

The CFP Board Center for Financial Planning seeks to create a more diverse and sustainable financial planning profession so that every American has access to competent and ethical financial planning advice. The Center brings together professionals, businesses, educators, researchers and CFP® experts to address profession-wide challenges in the areas of diversity and workforce development, and to build an academic home that provides opportunities to conduct and publish new research that adds to the plan a body of knowledge.

The Certified Financial Planner Board of Standards, Inc. is a professional body for personal financial planners in the United States. The CFP Board sets standards for financial planning and administers the prestigious CFP® certification – one of the most respected certifications in financial services – so that the public has access to and benefits from competent and ethical financial planning. . CFP’s Board of Directors, along with its Financial Planning Center, is committed to increasing public awareness of the CFP® certification and access to a diverse, ethical and responsible financial planning workforce. competent. Widely recognized by businesses as the standard in financial planning, the CFP® certification is held by more than 92,000 people worldwide. United States.

SOURCE Certified Financial Planner Board of Standards, Inc.