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About the Scholarship

The California Lutheran University Financial Planning Scholarship program was established jointly by the CFP Board Center for Financial Planning and California Lutheran University in an effort to increase the number of CFP® professionals from populations that are currently underrepresented in the financial planning profession in terms of gender, race and ethnicity.

The program offers scholarships to qualified individuals seeking to complete California Lutheran University's online Master of Business Administration (MBA) or online Master of Science (MS) degree in Financial Planning, both of which qualify candidates to sit for the CFP® certification exam.

To qualify for the scholarship, applicants must apply and be admitted to either California Lutheran University’s online MBA or online MS degree in Financial Planning, and undergo an application process administered by the Center for Financial Planning. California Lutheran University will waive the application fee for all scholarship applicants. Visit California Lutheran University's website to apply for the MBA or MS degree in Financial Planning and indicate your acceptance into the program in the scholarship application form below. An admission decision usually takes 3-5 days from submission of all application requirements, and the deadline to receive the admission acceptance is May 29, 2020. 

The scholarship awards $5,000 for those pursuing California Lutheran University's MBA in Financial Planning and $3,500 for those pursuing California Lutheran University's MS in Financial Planning:

  • 50% of the scholarship award will be provided upon enrollment in California Lutheran University's MBA or MS in Financial Planning Program. Applicants have 30 days from the date of their award notification to register and take a class in California Lutheran University's MBA or MS Financial Planning Program.
  • 50% of the scholarship funds will be provided after the scholarship recipient has completed eight CFP® certification core courses toward their graduate degree in California Lutheran University's MBA or MS Financial Planning Program and registered for the CFP® certification exam.

Awardees will also receive a complimentary registration to attend one Academic Research Colloquium for Financial Planning and Related Disciplines.

SUBMISSION REQUIREMENTS

Please note that applications will only be accepted through the application form below. Please do not attempt to submit application materials (other than official transcripts) via mail, fax or email.

When submitting application essays and materials, please pay close attention to spelling, grammar and presentation.

DEADLINE FOR SUBMISSIONS

The deadline to submit your application is May 31, 2020.

 

Application Form

Please answer the following essay questions and upload your responses in a single document.

1. Why do you want to be in the financial planning profession? How would an MBA/MS in Financial Planning help you achieve that? (500 – 1,000 words)

2. Please indicate how you meet the eligibility requirements for this scholarship, including demonstrating your financial need in detail and eligibility in terms of belonging to an underrepresented population within the financial planning profession in terms of gender, race and ethnicity. (250 – 500 words)

Which California Lutheran University program do you plan to attend?

I acknowledge that if I am selected as a finalist for a scholarship award: