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ABOUT THE SCHOLARSHIP

As a single mother for many years, Peggy Ruhlin, CFP® struggled with balancing her accounting career and parenting duties. This led her to pursue financial planning, which gave her greater career satisfaction and work-life balance while continuing to deepen her relationships with clients. Peggy earned her CFP® marks in 1986 and eventually co-founded Budros, Ruhlin & Roe ($3.5B), a wealth management firm in Columbus, Ohio. Now, in partnership with CFP Board Center for Financial Planning, Peggy hopes to inspire that dream for other women on the path to CFP® certification.

The Peggy Ruhlin Wealth is Women’s Work CFP® Exam Scholarship awards $625 toward the early registration rate of $825 for the CFP® exam. This means a scholarship awardee will assume financial responsibility for $200 of the CFP® exam.

To qualify for the scholarship, applicants must not be registered to take the July 2024 CFP® exam, meet eligibility criteria below and successfully complete this application form. CFP Board will award scholarships on a first-come, first-served basis to eligible applicants.

CFP Board will notify awardees that they received the scholarship and will work with them to register for the July 2024 exam with a $625 discount code. Only register for the exam after being notified of the award, or you will forfeit the scholarship. This scholarship does not retroactively reimburse exam registrations already paid for before receiving the scholarship.

Awardees will also receive a free copy of Peggy Ruhlin’s book, Wealth is Women’s Work: How Women Can Make a Long-Term Impact with a Career in Wealth Management.

ELIGIBILITY POLICY REQUIREMENTS

  • Must not be registered for the July 2024 CFP® exam prior to being notified of the award.
  • After being notified of the scholarship award, the awardee must register for the July 2024 CFP® exam by May 7.
  • After receiving the scholarship, must take the complimentary Practice Exam by June 25 and provide proof of Practice Exam completion to scholarships@cfpboard.org, or else forfeit the award. Please email your diagnostic score report, provided after the practice exam is done, as proof of completion.
  • Upon registering for the exam, the awardee will have until June 25 to secure an exam seat with Prometric. Failure to secure an exam with Prometric will result in de-registration and postponement of the exam, including a postponement fee of $500 that is not refundable under this scholarship.
  • Must be a U.S. resident.
  • Must identify as a woman.
  • Must be under the age of 40.
  • Must not receive any other scholarships or financial aid toward the July 2024 CFP® exam (including but not limited to employer funding).
  • Must 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. Pay close attention to the requirements when submitting the application.

AWARD PROCESS

Following the application review, awards will be provided on a first-come, first-served basis to applicants who meet the eligibility requirements and successfully complete the application. After receiving the award, recipients will be provided with instructions for registering for the exam at a discounted rate.

As a contingency of the award, candidates agree to take the complimentary Practice Exam provided at exam registration by June 25 and provide proof of Practice Exam completion to scholarships@cfpboard.org by June 25 or else forfeit the award. Please email your diagnostic score report, provided after the practice exam is done, as proof of completion.

AWARD POLICIES

Upon registering for the exam, an awardee will have until June 25 to secure an exam seat with Prometric. Failure to secure an exam with Prometric will result in de-registration and postponement of the exam, including a postponement fee of $500 that is not refundable under this scholarship.

APPLICATION DEADLINE

The application window closed on March 19, 2024.

AWARD DECISION

Scholarship applicants will be notified of the award decision via email by March 26, 2024. If you have a question about the status of your application, please contact us at scholarships@cfpboard.org.