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About the Scholarship

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DEENA JO HEIDE-DIESSLIN

In 2011, David H. Diesslin, CFP® established The Deena Jo Heide-Diesslin Foundation in memory of his wife, Deena, who passed away after a long, valiant battle with cancer. Deena was a courageous fighter, teaching and giving to the end. The goal of Deena's foundation is to promote, encourage, and foster nonprofits, with a particular emphasis on empowering women and other underrepresented populations through education.

When CFP Board launched the CFP Board Center for Financial Planning in late 2015, there was a natural synergy between the missions and visions of the two organizations that emerged during conversations with Dave Diesslin, former Chair of the Board of Directors for CFP Board. Building on Deena’s passion for empowering individuals through education, Dave seized the opportunity to make an impact in the financial planning profession while honoring the memory of his late wife. And with that, The Deena Jo Heide-Diesslin Foundation Challenge Match Scholarship was created.

This scholarship provides financial support to individuals seeking to complete requirements for CFP® certification through a CFP Board-Registered certificate or undergraduate program. Eligible candidates must demonstrate financial need and be from populations that are underrepresented in the financial planning profession in terms of gender, race, ethnicity, disability or sexual orientation.

The scholarship awards up to $5,000 for those attending a certificate program and up to $10,000 for those attending an undergraduate program. The amount of the award will be based on submitted documentation showing program costs. Applications will be reviewed by an independent Scholarship Review Panel comprised of CFP® professionals. If not already enrolled, scholarship recipients will have up to 6 months to enroll in a CFP Board Registered Program in order to receive the award.

As a valued longtime partner and visionary circle sponsor of the Center, Vanguard recognizes the importance of diversifying the financial planning profession and offering financial support to qualifying students to support their journey. Beginning in 2021, to help increase the number of scholarships available, Vanguard contributed to The Deena Jo Heide-Diesslin Foundation Challenge Match Scholarship to further the impact of empowering women and other underrepresented populations in their pursuit of a financial planning role. We appreciate the continued partnership and look forward to supporting the development of the next generation of financial planners

 

“I am very grateful to the donors of The Deena Jo Heide-Diesslin Scholarship and to the Center for Financial Planning for awarding me this scholarship which is helping me to obtain the knowledge I need to become a CFP® professional."

– Sandra Cervantes, CFP®, 2017 Diesslin Scholar

eligibility Requirements

  • Must be a U.S. resident;
  • Must possess or be in the process of completing an undergraduate degree;
  • In order to receive the award, must be enrolled in an undergraduate or certificate-level CFP Board Registered Program (if not enrolled at the time of applying, scholarship awardees will have up to 3 months to enroll or forfeit the award);
  • Must provide documentation of program enrollment and costs prior to receiving the award;
  • Must be from an underrepresented population within the financial planning profession in terms of gender, race, ethnicity, disability or sexual orientation;
  • Must have a demonstrated financial need, as explained in an essay to be submitted during the application process;
  • Must demonstrate commitment to the financial planning profession, as explained in an essay to be submitted during the application process; and
  • Must exhibit professionalism and the ability to enhance and maintain the profession’s public image as demonstrated in an essay to be submitted during the application process.

Applicants who are selected to proceed to the final round of the application review process will be required to pass a background check conducted by CFP Board.

Submission Requirements

Applications will only be accepted through the application form below. Please do not attempt to submit application materials via mail, fax or email. When submitting application essays and materials, please pay close attention to spelling, grammar and presentation, as that will be factored into the grading process.

award process

Scholarship awards will be disbursed in two equal installments. To receive the first installment, recipients will have to demonstrate proof of enrollment in a CFP Board-Registered certificate or undergraduate degree program. If not currently enrolled in a program, recipients will have up to 3 months to enroll after being notified of the award. The second installment will be awarded either upon completing the program (if the awardee has already started coursework), or when the awardee is half-way through the program (if the awardee has not yet started coursework).

APPLICATION DEADLINE

The application deadline has been extended to October 9, 2022.

AWARD DECISION

Scholarship applicants will be notified of the award decision via email in November 2022. If you have a question about the status of your application, please contact us at scholarships@cfpboard.org.

The Deena Jo Heide-Diesslin Foundation Challenge Match Scholarship is part of the CFP Board Center for Financial Planning’s scholarship program, designed to attract and develop the next generation of financial planners.

APPLICATION

CFP Board Account Number (if you don’t have a CFP Board account, click here to create one)

Important: Be sure your CFP Board account includes: 1) your date of birth, and 2) the last four digits of your social security number. Not having this information may delay your application and disqualify you from the scholarship.

Please upload an essay that addresses the following two items as a single Word document or PDF. 1) Why do you want to enter the field of personal financial planning? (500-1,000 words) 2) Please indicate how you meet the eligibility requirements for this scholarship, describing your financial need in detail and whether you are a member of an underrepresented population within the financial planning profession in terms of race, ethnicity, gender, disability or sexual orientation. (250-500 words)

Additional Questions

Please provide: 1) the name of a CFP Board Registered Program you are attending and whether it is an undergraduate-level or certificate-level program, and 2) how far along you are in the program. If you are not yet enrolled, enter “Not Yet Enrolled.” Click here to find the name of your CFP Board Registered Program. If your program is not listed here, consult with your academic institution to get the program name.

Please note: In order to receive the award, you must be enrolled in an undergraduate or certificate-level CFP Board Registered Program. If not enrolled at the time of applying, scholarship recipients will have up to 3 months to enroll after being notified of the award, or will forfeit the award.

Background Check Acknowledgment

CFP Board will evaluate scholarship applicants against the Fitness Standards that apply to those who are applying for CFP® certification (https://www.cfp.net/get-certified/certification-process/ethics-requirement/fitness-standards). CFP Board will review the scholarship applicant’s background pursuant to the same process that CFP Board reviews applications for CFP® certification. If CFP Board discovers information that would subject the scholarship applicant to an investigation if the scholarship applicant were an applicant for CFP® certification, then CFP Board will deny the scholarship application. The fact that an individual receives a scholarship does not guarantee that the individual will satisfy CFP Board’s Fitness Standards when the individual later applies for CFP® certification.