AFRICAN AMERICAN SCHOLARSHIPS

AFRICAN AMERICAN SCHOLARSHIPS

Increasing diversity in financial services and philanthropic advising starts with you.

One of the biggest problems facing the financial services profession is a profound lack of diversity. Around 13% of the U.S. population is African American, yet among financial services practitioners, just under eight percent are of African ancestry.

The American College of Financial Services believes the financial industry must make a concerted effort to recruit, educate, place, and support thousands more Black financial advisors. The face of this profession needs to change, and that change starts now.

By providing African Americans more opportunities to pursue a career in financial services and philanthropic advising, The College hopes our African American Scholarships will bring awareness to and help close the racial gap.

Our mission is to increase the number of African American financial professionals by providing scholarships, educational support, and placement opportunities to African Americans pursuing a career in the financial industry.

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AFRICAN AMERICAN ADVISOR SCHOLARSHIP PROGRAM

The American College of Financial Services is the leading educator for individuals in the financial services profession with over 150,000 graduates holding designations and graduate degrees. The College’s African American Advisor Scholarship Program seeks to establish strategic partnerships to address the lack of diversity in the profession by providing educational support in the form of scholarships and career opportunities to African Americans interested in expanding their careers. Applicants cannot be eligible for educational reimbursement from their employer.

Full tuition scholarships are available for the following professional designation programs​:

RICP® - Retirement Income Certified Professional®

ChFC® - Chartered Financial Consultant®

CLU® - Chartered Life Underwriter®

CFP® - CERTIFIED FINANCIAL PLANNER

ChSNC® - Chartered Special Needs Consultant®

CAP® - Chartered Advisor in Philanthropy®

CLF® - Chartered Leadership Fellow®

FSCP® - Financial Services Certified Professional®

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HBCU STUDENT SCHOLARSHIPS

If we are ever going to increase diversity in the financial profession we must start by inspiring the next generations of advisors. That starts with engagement at the undergraduate level when students are still considering their career options. 

The College’s HBCU Scholarship Program offers a pathway for students from Historically Black Colleges and Universities to learn about the financial services industry and get a head start. Students who have completed their sophomore year, and are enrolled and in good academic standing at any four-year, Bachelor’s degree-granting HBCU are eligible to apply for an HBCU Scholarship.  

Full tuition scholarships are available for the following professional designation programs​:

RICP® - Retirement Income Certified Professional®

ChFC® - Chartered Financial Consultant®

CFP® - CERTIFIED FINANCIAL PLANNER

Start Application

 


Scholarships are awarded on a rolling, competitive basis based on recommendations of a scholarship review committee, which is appointed by each program director. The selection committee will review and evaluate each applicant based on achievements, education potential, financial need, and “x factor” (may include results from interview, income level, disability, family situation, volunteer work, etc.).

Only one scholarship per applicant will be awarded. Applicants cannot be a current student of The American College of Financial Services or have already earned a degree or designation from The College.

For questions about the African American Scholarship Program, please contact scholarship coordinator Tayller Marcee at Tayller.Marcee@theamericancollege.edu.