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Media Releases 1 Mar 2023

Kaplan Professional to offer 12 more Women in Finance Scholarships in 2023 1 Mar 2023

For the third year in a row, leading financial services education provider Kaplan Professional will offer Women in Finance Scholarships in 2023...

For the third year in a row, leading financial services education provider Kaplan Professional will offer Women in Finance Scholarships in 2023.

The Women in Finance Scholarships initiative is part of a continued $2.2 million grant the Financial Planning Association of Australia (FPA) was awarded in 2021 from the Australian Government (with support from the Department of the Prime Minister and Cabinet’s Office for Women) to manage and deliver a scholarship program for women in finance and economics.

12 scholarships will be offered this time around:

  • Eight scholarships will cover the tuition fees of any two subjects in Kaplan Professional’s Master of Financial Planning or Master of Applied Finance
  • Four scholarships will cover the full tuition fees for the FNS60920 Advanced Diploma of Paraplanning

The FPA has allocated Kaplan Professional $30,000 to part-fund the scholarships, with the education provider funding the difference.

Kaplan Professional CEO Brian Knight said he was delighted to offer 12 more Women in Finance Scholarships in 2023.

“Kaplan Professional is committed to doing what we can to promote inclusion and diversity throughout the finance and financial services sector.

“We hope these scholarships will go some way towards reducing any barriers or financial burden that women of any background may face in entering the sector or achieving leadership positions.

“We are pleased to include the Advanced Diploma of Paraplanning into the scholarship scheme this year to widen the scope of our offering and provide more women with the opportunity to apply, especially those who may want an entry-level pathway into financial advice or to progress their career,” he said.

Kaplan Professional awarded 12 Women in Finance scholarships in 2022 (two more than originally planned).

Recipients spanned across the country in both metropolitan and regional areas.

In addition to the scholarship recipients, 12 other women who had compelling applications, but were not awarded a scholarship, were offered significantly reduced tuition fees for two subjects in the masters degree.

For the 2023 Women in Finance Scholarships, eligibility is open to:

  • Women who may not have previously studied with Kaplan Professional
  • Women who have previously completed, or are currently completing, other Kaplan Professional vocational or higher education courses

Each applicant will be considered on their ability to demonstrate intersecting sources of disadvantage. This includes, but is not limited to:

  • Financial need
  • Re-entering the workforce
  • Low socio-economic status
  • Mature or young age
  • Residing in a rural or remote area
  • Aboriginal or Torres Strait Islander
  • New migrant

Scholarship applications are now open and close on Friday, 24 March.

Scholarships will be awarded to successful applicants from either of the following intakes:

Master of Financial Planning or Master of Applied Finance

  • Study Period 3 – commencing 1 May 2023
  • Study Period 4 – commencing 3 July 2023
  • Study Period 5 – commencing 28 August 2023
  • Study Period 6 – commencing 30 October 2023

FNS60920 Advanced Diploma of Paraplanning

  • Commence on or before 30 June 2023

Full details about the scholarship scheme, including eligibility and terms and conditions, can be found here.

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