Freedom Scholarships for
Military Service Members & Veterans

Professional Designations, CFP® Certification Education and Master of Science Degree Programs

 

The appearance of U.S. Department of Defense (DoD) visual information does not imply or constitute DoD endorsement. 

About Our Freedom Scholarships

The College for Financial Planning®—a Kaplan Company awards several scholarships twice per year to individuals who serve or have served in the U.S. Armed Forces. These military scholarships are available to eligible individuals who show significant potential or have already achieved outstanding success in finance, financial planning, and/or financial analysis, and who show promise of being future industry leaders.

These scholarships cover tuition for enrollment in the College’s CFP® certification education, professional designation programs, and Master of Science degree programs (MS in Personal Financial Planning or MS in Financial Analysis).

Please Note: Additional printed materials, extensions, and fees are not included in the scholarship award.

Eligibility Requirements

Important Note: Students who are currently enrolled in any education program or course through the College for Financial Planning®—a Kaplan Company are not eligible to apply. Scholarship applications received from students who are currently enrolled will be automatically withdrawn from the scholarship application process.

Applicants must meet the following requirements:

  • Must be a member of the U.S. Armed Forces or an honorably discharged veteran and be able to provide documentation upon request.
  • Must not be a student who is currently enrolled in any education program or course through the College for Financial Planning®—a Kaplan Company
  • Must have a bachelor’s degree from a regionally accredited institution or the equivalent of a bachelor’s degree from an institution outside of the United States if applying for either a scholarship for CFP® certification or Master of Science degree program. (Note: A bachelor’s degree is not required if applying for a professional designation scholarship.)
  • If applying for a scholarship for CFP® certification or Master of Science degree program, must have the following experience: 
    • CFP® certification: must have between two (2) and seven (7) years of experience in the financial planning profession 
    • Master of Science degree program: must have five (5) or more years of experience in financial planning
  • Provide a copy of current resume (see application below).
  • Provide a written response related to your goals and achievements (see application below).
  • Provide a written response to the following question: If this scholarship is an investment in you personally, what will be the return on investment you would bring to the financial planning profession? (500-750 words)
  • Provide one (1) letter of recommendation from a professional contact.

For each of these scholarships, recipients must also agree to enroll in and complete their education program as follows:

  • CFP® Certification and Exam Prep Review Freedom Scholarship
    • Enroll within 90 days of being awarded the Freedom Scholarship in either the College’s structured pace or self-paced program; and
    • Complete the entire program within two years. (Exceptions can be made for a qualified military leave of absence.)
  • Designation Program Freedom Scholarship
    • Enroll within 90 days of being awarded the Freedom Scholarship in a designation program; and
    • Complete the program within 120 days after receiving online access. (Exceptions can be made for a qualified military leave of absence.)
  • Master of Science Degree Program Freedom Scholarship
    • Apply for the master's program within 90 days of being awarded the Freedom Scholarship; and
    • Complete the program within five (5) years. (Exceptions can be made for a qualified military leave of absence.)

Application Deadline

The annual application deadlines are Memorial Day and Veterans Day of each year. The next application deadlines are as follows:

  • Memorial Day - May 26, 2025
  • Veterans Day - November 11, 2025

Timing of Scholarship Announcements

Awardees will be contacted by email and phone approximately one month after each deadline.

Questions

Any questions and all communications regarding the scholarships can be directed to the CFFP Scholarship Committee at scholarships@cffp.edu.

Diversity Scholarships

Diversity Scholarships for CFP® Certification provide qualified individuals from underrepresented populations within the financial planning field with opportunities to pursue careers as CERTIFIED FINANCIAL PLANNER™ professionals. 

Merit Scholarships

Merit scholarships are available to individuals who show significant potential or have already achieved outstanding success in finance, financial planning, and/or financial analysis and show promise of being future industry leaders.

CFP® Exam Prep Scholarships

The College has partnered with the CFP Board Center for Financial Planning to offer scholarships covering the full cost of the College’s Premium CFP® Exam Prep Review to 10 individuals from underrepresented populations in the financial planning profession.