Education provider Kaplan Professional will offer 12 more Women in Finance scholarships in 2023, marking the third year of the initiative.
The Women in Finance Scholarships initiative constituted part of the $2.2 million grant awarded to the Financial Planning Association of Australia (FPA) from the Australian Government, with support from the Prime Minister and Cabinet’s Office for Women.
With a focus on delivering a scholarship program for women in finance and economics, the FPA allocated $30,000 to Kaplan Professional to part-fund the program.
Of the 12 scholarships offered in 2023, eight would cover tuition fees for any two subjects in Kaplan Professional’s Master of Financial Planning or Master of Applied Finance.
The other four scholarships would cover the full tuition fees for the Advanced Diploma of Paraplanning. The course was added into the scheme this year to further expand the scope of courses available, particularly to those seeking an entry-level pathway into financial advice.
Brian Knight, Kaplan Professional chief executive, commented that the company was committed to promoting 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,” he said.
The education provider awarded 12 scholarships in 2022, two more than originally planned. A dozen additional women were also offered significantly reduced tuition fees for two subjects in the masters degree.
Kaplan Professional would take into account any disadvantages faced by the 2023 applicants, including financial need, low socioeconomic status and residing in a rural area.
Applications for the scholarship were currently open and would close on 24 March.
while rates of boys going to Uni are declining rapidly across the west, and rates of males suicide only increase, lets provide scholarship for young women in a fin services industry of 60-70% (banks, insurance, advice exc equities).
For an education provider, Kaplan are pretty poor on numbers and analytics – but lets me serious – this is all “unserious” and free money so they will go with it for the marketing/clout. While only having daughters, i should applaud this – however women dont need men who the west leaves behind.