NU Online News Service, Jan. 21, 2005, 4:23 p.m. EST

A Bryn Mawr, Pa., financial services school is dividing a popular class into 2 classes.[@@]

The school, the American College, says the class, HS 318 Insurance and Financial Planning, will become HS 300 Financial Planning Process and Environment and HS 311 Fundamentals of Insurance.

The college says it is splitting HS 318 to simplify the process of preparing candidates for the Certified Financial Planner, Chartered Financial Consultant and Chartered Life Underwriter professional designations.

The split will have the biggest effect on CFP students. The number of required courses for CFP candidates will increase to 6, from 5.

CLU candidates and ChFC candidates will continue to take the same number of courses, but the requirements for ChFC candidates will include 1 more core course and 1 less elective course, the American College says.

Students interested in earning the CFP, CLU or ChFC designations under the old course requirements must register for HS 318 Insurance and Financial Planning by Feb. 28 and take their exams by June 30.