The Certified Financial Planner Board of Standards' Center for Financial Planning and Parsec Financial launched the Parsec Financial CFP Certification Diversity Scholarship to advance diversity in the financial planning profession.
Over the next four years, the scholarship will provide four awards annually of up to $5,000 each to qualified students from underrepresented populations in the Southeast U.S. who are pursuing CFP certification, the organizations said in a joint announcement Thursday.
The Center, as part of its mission to create a more diverse and sustainable financial planning profession, administers scholarships to enable qualified individuals to complete the education requirement for attaining CFP certification.
"The scholarships build the profession's talent pipeline, foster diversity and raise awareness of the financial planning career to college students across the U.S.," according to the Center.
Eligible scholarship candidates must be U.S. residents and enrolled in a certificate-level CFP Board registered program at a college or university located in Alabama, Arkansas, Florida, Georgia, Kentucky, Louisiana, Mississippi, North Carolina, South Carolina, Tennessee, Virginia or West Virginia.