The CFP Board Center for Financial Planning awarded 80 new scholarships in 2021, an increase of 67% from 48 awards in 2020.
The record number of scholarships provided more than $300,000 to recipients, an increase of 50% from the more than $200,000 awarded in 2020.
Since its first scholarship program began in 2016, the CFP center has awarded 180 scholarships, providing more than $800,000 to aspiring financial planning professionals.
The center currently administers 10 scholarship programs launched jointly with sponsors and donors, of which five were launched in 2021. Each scholarship program assists individuals with completing the education and exam requirements for CFP certification, the CFP Board said in a release.
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