CFP Board Rolls Out Scholarship to Support 'Next-Gen' Women

9. Single female breadwinners tend to have the most retirement accounts.

What You Need to Know

CFP Board Center’s new WIN Endowed Scholarship program was designed to support the next generation of female certified financial planners.
The new program will award up to $5,000 per qualified student seeking to complete an undergraduate-level or a certificate-level CFP Board Registered Program.
This is the second endowed scholarship offered by CFP Board, after last year’s introduction of the LeCount R. Davis CFP Scholarship that honored the first Black CFP professional.

The CFP Board Center for Financial Planning has launched an endowed scholarship program to mark the 10th anniversary of CFP Board’s Women’s Initiative (WIN).

The new WIN Endowed Scholarship program was designed to support the “next generation” of female certified financial planners, CFP Board Center says. The scholarship will assist qualified female students and professionals looking to complete the coursework required for CFP certification.

The new program will award up to $5,000 per qualified student seeking to complete an undergraduate-level or a certificate-level CFP Board registered program. After completing the required education coursework, scholarship recipients will be eligible to take the CFP exam and take the next steps to attain CFP certification, according to CFP Board Center.

WIN launched in 2013 to address the challenge of the underrepresentation of women in the financial planner workforce. The WIN Endowed Scholarship program is the second endowed scholarship offered by CFP Board, after last year’s introduction of the LeCount R. Davis CFP Scholarship, which honored the first Black CFP professional.

“By becoming financial planners, women can empower themselves and other women to take control of their finances and achieve financial independence,” said Kevin R. Keller, CFP Board CEO, in a statement.

See also  10 Facts About Life Insurance

“They can help educate women about financial literacy, investment strategies and retirement planning, which can be particularly valuable in a society where women often face financial challenges and inequalities,” Keller added.