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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 develop a more diverse and sustainable financial planner workforce, including increasing 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 admission 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. Contact Monica Gascon at mgascon@callutheran.edu or (805) 493-3963 to waive the admission application fee.

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.

eligibility REQUIREMENTS

  • Must be legally able to work in the U.S.
  • Must enroll in the California Lutheran MBA or MS in Financial Planning Program and take a class within 30 days of scholarship award notification
  • Must have an Undergraduate Degree from an accredited college or university
  • Must demonstrate a financial need AND/OR be from underrepresented populations within the financial planning profession in terms of gender, race and ethnicity. Women of color will be strongly encouraged to apply.
  • Applicants are not able to transfer courses from other universities
  • Must pass a background check conducted by CFP Board

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.

application window

The next application window will open in 2022.

Kendyl Roundtree, CFP®
Junior Partner, Roundtree Financial

It was the perfect program because I could take the CFP® certification course after taking the MBA. It really prepares you to be a CFP® professional, not only the knowledge but working with clients.