FARE and the CFP Board Center for Financial Planning are launching the 2025 FARE CFP® Certification Inclusion Scholarship. The scholarship provides financial support to individuals from communities with historically limited access to financial planning careers as they work toward obtaining CFP® certification.
The scholarship offers up to $7,000 per recipient to cover the costs of an undergraduate- or certificate-level CFP Board Registered Program, a crucial step toward obtaining CFP® certification. Since its inception, this scholarship has helped foster a more inclusive pipeline of financial professionals, equipping them with the knowledge and credentials to succeed in the industry.
“Expanding opportunities in financial services is essential to building a profession that truly serves all communities,” said Nicole Ridley, Executive Director of FARE. “This scholarship is a direct investment in the future of financial services, supporting aspiring CFP® professionals who will drive change and innovation in the industry.”
To be eligible, applicants must be U.S. citizens or permanent residents, demonstrate financial need, and commit to increasing access and representation in financial services.
Scholarship awards will be disbursed in two installments, and recipients must provide proof of enrollment in an eligible CFP Board Registered Program.
The application deadline is April 8, 2025, and award decisions will be announced by June 2, 2025. Interested applicants can find more details and apply at the CFP Board website.
For media inquiries or further information about FARE, please contact Nicole Ridley, FARE’s Head of Operations, at nridley@thefare.org.
About FARE
FARE is a coalition of financial services firms, industry organizations, and historically black colleges and universities (HBCUs) committed to increasing innovation and growth in the financial services industry through intentional, actionable, and measurable solutions. Launched in September 2020, FARE strives to create an industry that reflects the communities it serves.
About CFP Board
The Certified Financial Planner Board of Standards (CFP Board) sets and upholds professional standards for financial planners in the U.S. It administers the CFP® certification, recognized as the top credential in financial planning. Through its Center for Financial Planning, the CFP Board works to expand representation in the profession through research, scholarships, and career development programs.
