Kaplan Professional is partnering the Financial Planning Association (FPA) to offer 10 scholarships aimed at helping disadvantaged women enter or re-enter the industry.

The financial services education provider says the Women in Finance Scholarships will cover the tuition fees of any four subjects in Kaplan Professional’s FASEA-approved Master of Financial Planning course.

FASEA, the Financial Adviser Standards and Ethics Authority, sets the education, training and ethical standards of licensed financial advisers in Australia.

The FPA will allocate $85,000 to Kaplan Professional to partially fund the scholarships, with Kaplan covering the difference.

Kaplan says the scholarship initiative is part of a $1.5 million grant awarded to the FPA by the Federal Government to support the education of women in finance and economics.

“We know there is already significant pressure on financial advisers across the industry, and there are a number of additional barriers and challenges that women may face,” Kaplan Professional CEO Brian Knight says.

“We hope the scholarship scheme will go some way towards alleviating some of the financial burden of studying at a postgraduate level, especially for those women who may be disadvantaged by their situation.”

Closing date for applications is October 1.

Click here for more application details.