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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)
Apply Now →
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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 March 2025 CFP® exam is CLOSED.

 
How it works:

  • Submit your application by: December 6, 2024 at 5 PM MT.
  • All applicants will be notified by December 16, 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.

Recipients of the XYPN CFP® Exam Scholarship and the XYPN Diversity CFP® Exam Scholarship will have 12 months, from the date credit is placed on their CFP account, to register for the CFP exam. After 12 months the credit will be removed from your CFP account and returned to XYPN for future scholarship recipients.

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

November Exam Scholarship Recipients

 
6-Dec-16-2024-08-08-23-2936-PM

Imade Iyamu

Diversity CFP® Exam Scholarship
4-2

Jose Cadena

Diversity CFP® Exam Scholarship
9-1

Brandon Tate

Diversity CFP® Exam Scholarship
2-3

Gerardo Garcia Jr

Diversity CFP® Exam Scholarship
8-1

Charles Frazier

Diversity CFP® Exam Scholarship
5-2

Jay Chen

XYPN CFP® Exam Scholarship
10-2

William Garcia

Diversity CFP® Exam Scholarship
7-1

James Duronio

XYPN CFP® Exam Scholarship
3-Dec-16-2024-08-08-20-5971-PM

Kelly Palmer

XYPN CFP® Exam Scholarship
1-3

Sarah Maitre

XYPN CFP® Exam Scholarship