Strategic Impact Fund Certification and Group Capacity Building Scholarships

Individual AFC® Certification and Training Scholarships

Applications are now open! Deadline to apply is September 30, 2022!

Thanks to generous funding from the AFCPE Strategic Impact Fund, National Endowment for Financial Education (NEFE), and JPMorgan Chase, AFCPE is offering certification scholarships to cover the cost of training and credentialing for Accredited Financial Counselors® (AFC®).

AFC scholarships are available for the following groups:

  • Need based
  • People of color
  • LGBTQ+
  • Individuals who are deaf or hard of hearing*
  • Persons with a disability
  • Individuals who are fluent in more than one language

If you have a passion for helping people with their money to improve their lives, and meet at least one of the criteria above, you are encouraged to apply!

* Money Management Essentials scholarships are also available for this group.

**Current AFCPE Membership is encouraged, but not required. Preference will be given to AFCPE member applicants.


About the AFC® Scholarship

This award provides individuals with the opportunity to earn the highest standard of excellence for financial counseling professionals. 

Scholarships are valued at more than $1,700 and include:

  • Registration fee
  • AFC® online course
  • AFC® course books/materials
  • Live (and recorded) instructor support
  • AFC® exam (one attempt)


  • Individuals who have previously enrolled, or held the designation and lapsed, are not eligible to apply.


  • Plan to sit for AFC® exam within 12 months after the scholarship notification date
  • Agreement to share the #ValueofanAFC once certified. We want to know how the AFC® is positively affecting the work that you do – for your clients and your communities. This can be done through a newsletter, an AFCPE blog post, or through a social media picture and testimonial.

Selection Criteria

A review committee will select individuals whom they believe are most likely to leverage the opportunity. The committee seeks individuals who are passionate about helping people improve financial security and who believe in setting the highest standards of professionalism for the field.

AFC® Exam Scholarships

Applications are now open! Deadline to apply is September 1, 2022!

2022 marks the 30th Anniversary of the AFC certification! In honor of our 30th year, the AFCPE Strategic Impact Fund is investing in our candidates’ success. We will grant 30 AFC Exam scholarships to 30 AFC candidates.


You must be registered in the AFC program (i.e. a current AFC candidate) at the time you apply for the scholarship.

Candidates are ineligible if any of the following apply:

  • Previously enrolled in the AFC® program without completing
  • Held the AFC® designation and it was revoked
  • Previously awarded an AFC® program scholarship or fellowship 
  • AFC® program deadline is prior to scholarship award date
  • Candidate is enrolled in the AFCC® (Canada) program
  • Candidate has paid the exam fee and is eligible to schedule the AFC® exam 

The AFC® exam scholarship will cover one exam attempt. Paid exam fees are not eligible for refund via scholarship award. 


Individuals who were enrolled in the AFC program and did not complete, individuals who held the AFC designation and let it lapse, and those who have previously received an AFC program scholarship are not eligible to apply.


If you accept an AFC exam scholarship, you are required to schedule and take your exam within 1 year. If your AFC completion deadline is less than 1 year from the date of acceptance, then you are required to take your exam within 3 months of your program deadline.

Capacity Building Group Scholarships

Applications are now open! Deadline to apply is September 30, 2022!

The AFCPE Strategic Impact Fund has allocated up to $100,000 in 2022 to provide capacity building scholarships to community-based organizations focused on bridging gaps of inequality with the highest standards of financial counseling and education.

Who Should Apply:

If you are passionate about helping people with their money, to improve their lives, we encourage your organization to apply!

AFCPE certification and training programs will equip your employees with the knowledge and skills to build confidence, increase organizational capacity, and create lasting impact in the lives of those you serve.

We are seeking to fund organizations that provide community-based financial and/or social service for low to moderate income populations. Here are a few examples to help you imagine your impact:

  • Developing or advancing financial counseling expertise within your workforce development programming.
  • Offering financial counseling or education services within a domestic violence shelter.
  • Adding financial education to services provided for people who are incarcerated or transitioning from the prison system.
  • Starting a financial wellness department within your nonprofit.
  • Elevating the level of knowledge, skill, professionalism for current financial counseling/education services.

What Programs can be Included in Your Funding Proposal:

  • AFC® certification
  • Money Management Essentials
  • Financial Inclusion Essentials
  • College Finance Essentials
  • Military Essentials
  • Diversity, Equity, and Inclusion Essentials (launching Q4 2022)
  • AFCPE® Membership
    • Membership in a professional organization like AFCPE provides professionals the opportunity to network and find support within the industry.

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