CFP® Exam Scholarship Programs

We believe in the CFP® Certification

 

In an effort to ensure more consumers have access to competent and ethical financial planning services, XYPN's CFP® Exam Scholarship Programs will fully cover the CFP® Certification Examination fee for ten recipients each CFP® Exam cycle.

There are two types of scholarships offered in this program:

  • XYPN CFP® Exam Scholarship (XYPN Members Only)
  • XYPN Diversity CFP® Exam Scholarship (Open to XYPN Members AND Non-Members)
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XYPN Member Discount

If you are not interested in applying for a scholarship or are not awarded one, XYPN members can still receive $200 off the exam price using the XYPN discount code.

XYPN members: Log in to the Knowledge Base to receive the discount code.

The application for the July 2024 CFP® exam is OPEN.

 
How it works:
  • Submit your application by: March 25, 2024 at 5 PM MT.

  • All applicants will be notified by April 2, 2024 of status. Winners will receive a credit to their CFP® Board account with the scholarship funds in order to register.

Note: XYPN will not reimburse scholarship winners who have already registered and paid for the exam.

Scholarship Details

 
  • 5 awarded each exam cycle
  • Advisors from under-represented groups within the financial planning community, including (but not limited to) women, people of color, people with disabilities, and LGBT+ advisors may apply
  • XYPN members and non-members may apply
  • Those who are reimbursed by their employer for 50% (or more) of the cost of their CFP® education are ineligible 
  • Those who received another CFP®-related scholarships within the past 24 months are ineligible
  • Those who are already registered for the exam are ineligible as registration must be completed using the scholarship award voucher
  • Applications will be scored on a scale of 1-10 by members of the XYPN Diversity Committee; scholarships will be awarded to those with the top average scores
  • 5 awarded each exam cycle
  • XYPN members who have met CFP® Board’s education coursework requirement and plan to take the CFP® Exam for the first time under XYPN membership may apply 
  • Those who are reimbursed by their employer for 50% (or more) of the cost of their CFP® exam are ineligible 
  • Those who received another CFP®-related scholarships within the past 24 months are ineligible
  • Those who are already registered for the exam are ineligible as registration must be completed using the scholarship award voucher
  • Recipients will be randomly chosen by XYPN 

Note: The CFP® Certification Examination is just one of several requirements that need to be met in order to become a CFP® professional. In addition to passing the exam, candidates also must meet CFP Board’s experience requirements, pass a background check, have a Bachelor’s degree (or higher) and successfully complete a college-level program of study in personal financial planning. 

It was truly a fight to the date of the exam. I felt fully prepared on that balmy morning in July. I took the exam and got a wonderful email saying that I PASSED!!! Of course, I was ecstatic. It was the most exhilarating feeling.

headshot of Shehara Wooten, CFP®
Shehara Wooten, CFP®
Graduate of the Guarantee to PassTM Review program

March Exam Scholarship Recipients

 
Karina Moretz

Karina Moretz

XYPN CFP® Exam Scholarship
Adam Bosma

Adam Bosma

XYPN CFP® Exam Scholarship
Phillip Hulme

Phillip Hulme

XYPN CFP® Exam Scholarship
Sam Madar

Sam Madar

XYPN CFP® Exam Scholarship
Connie Walsh Toler

Connie Walsh Toler

XYPN CFP® Exam Scholarship
Scott Jackson

Scott Jackson

Diversity CFP® Exam Scholarship
Zainya Carter

Zainya Carter

Diversity CFP® Exam Scholarship
Vanessa Lowe

Vanessa Lowe

Diversity CFP® Exam Scholarship
Vanessa Burch

Vanessa Burch

Diversity CFP® Exam Scholarship