The American College is a nonprofit institution founded in 1927 at the Wharton School of the University of Pennsylvania to provide financial services education. It has regional accreditation from the Middle States Commission on Higher Education. The American College offers degree and certification programs for over 36,000 students annually and its textbooks are used in 65% of CFP programs at over 230 colleges. It provides a variety of master's degrees and professional designations focused on financial planning, insurance, employee benefits, and philanthropic consulting.