Beginning in 2006 it is now necessary to have a Bachelor degree in any field in order to obtain the designation of Certified Financial Planner. In their website, www.cfp.net they state the degree must be from an RA school. I called and they were unable to give me an answer as far as NA degrees are concerned. Does anyone have any info regarding this issue.
Here is what the website says: It seems that if they are specifying that they want an RA degree, that you must have an RA degree. Also, according to their website, this rule becomes effective in 2007, not 2006.
Many00, If you have a NA degree, or plan on pursuing an NA degree, challenge the CFP on their policy. Advise them that NA degrees are recognized (just like RA) by the U.S. Dept of Education and CHEA as a recoginzed accreditor in the US. The DETC is usually willing to assist you in writing a letter to uninformed organizations or institutions regarding accreditation. The only time I've ever run into NA utility issues was with a few RA schools. But, when I challenged a particular RA school, they started writing new procedures for accepting NA credits. The NA accreditaion issue is not about the DETC's lack of quality or recognition. It's about the ignorance of organizations and institutions not fully understanding accreditation in the US. They usually are ill informed from the self annointed experts.
I agree as well. It is the lack of information and assumptions that are defined, especially in the HR arena, where Regional accreditation is listed, without a working knowledge of the NA schools and accreditation. I would imagine that many who list from a RA school, perhaps do not correlate the accreditation standards of NA as a form of approval. Again, not on purpose, but on a lack of knowledge.
