CFA exam / Registration / Scholarships




How to Reduce CFA Exam Cost

If you plan to become a CFA charterholder but you are worried it will cost you a fortune, you couldn't be more wrong. CFA Institute offers scholarships that make the exam more affordable. Although that information is not widespread, CFA scholarships do exist!

CFA Access Scholarship

For all those who cannot afford full CFA Program fees awaits CFA Access Scholarship. It reduces exam cost the most of all CFA scholarships but you must plan ahead to apply. It is available to both new and existing candidates and can be used for all exam levels.

See if you meet CFA requirements for candidates in the Program


Plan Ahead: It’s Too Easy to Miss!

CFA Access Scholarships for CFA 2017 exams are no longer available, but those who plan to take their exam in 2018 can apply from 1 March to 14 September 2017. The application period concerns both June and December 2018 candidates. Scholarships are awarded at the latest in December following the application period.

14 September 2017

APPLICATION DEADLINE FOR CFA 2018 EXAMS


December 2017 or sooner

2018 ACCESS SCHOLARSHIPS AWARDED


CFA Access Scholarship: Biggest Cost Reduction

How much you pay for your CFA exam depends on when exactly you register. CFA exam cost without a scholarship is at least USD 650.

See other CFA fees.

With CFA Access Scholarship, exam registration fee is cut down to USD 250. Included in the price is enrollment fee (if applicable) + e-book curriculum.

What Else Should I Know if I Apply?

If you gain your CFA Access Scholarship, you must use it for the exam for which it is granted. There is no transfer of scholarships between the exams.

You have to sit for the exam for which your scholarship was awarded or you may be denied your Access Scholarship in the future.

If you’re a June candidate and you apply for your CFA Access Scholarship, the early exam registration deadline is made unavailable to you. If you’re denied the scholarship, you are offered USD 150 off the registration fee as long as you still want to sit for the upcoming June exam. Because CFA Access Scholarships are awarded in December just after the application period, December candidates have no such problem – they know whether they gained their Access Scholarship about a year before the actual exam.

June candidates can buy their e-book curriculum before scholarship award in December by contacting CFA Institute. At the registration for the exam, credit for the purchase is given. Printed curriculum version is always paid and the payment is non-refundable.

When Should I Register to Apply for My CFA Access Scholarship?

There is one application deadline for all June and December exams coming up in the whole calendar year. The deadline expires in September the year before the exams. To apply for your CFA 2018 Access Scholarship, you need to register at the CFA Institute website before 14 September 2017. After you create your account, you will be able to submit your application. Do not register though for your exam before you receive the scholarship.

register with CFA Institute

apply

wait for scholarship award

register for your exam (payment)

CFA Access Scholarship Personal Statement

When applying for your CFA Access Scholarship you are asked to provide your identification details, including passport information. You also need to give your personal financial statement and explain why earning CFA Access Scholarship is important to you. Remember that apart from your financial needs, also your personal story is of value here. When writing your application, try to distinguish yourself from other candidates. Think about what favors you and why CFA Institute should invest in you.

When to Pay if I Apply for My CFA Access Scholarship?

When you register for the exam, you have to pay the unreduced fee. If your pay, CFA Institute will conclude that you can afford the exam and will not award the scholarship to you. Wait for your scholarship first. You will register for your exam when your scholarship is awarded to you and you will make the reduced payment of USD 250 then.

CFA exam registration = fee payment

register after scholarship award but before the final registration fee deadline!


I already gained my CFA 2017 Access Scholarship:
See CFA 2017 registration deadlines.


Before you register with CFA Institute and submit your application, read the Access Scholarship Official Rules and make sure you meet CFA Program entrance requirements.


CFA Access Scholarship:

USD 250 is all you pay for your exam

all levels: CFA level 1, CFA level 2, CFA level 3

one application deadline for all June and December exams

application deadline easy to miss

NOTE: You are not eligible for CFA Access Scholarship if your employer financially supports your participation in the CFA Program.



CFA Awareness Scholarship

CFA Awareness Scholarships are to promote CFA Program among individuals from specific circles strategic for the world of investment and finance. A special CFA Awareness Scholarship now supports also women. Awareness scholarships are available to both new and existing candidates and can be used for all exam levels.

See if you meet CFA requirements for candidates in the Program


Plan Ahead to Earn Your CFA Awareness Scholarship

June and December exams have separate Awareness Scholarship application periods. For June 2017 exams application deadline is 1 February 2017, and for December 2017 exam it is 1 September 2017.

1 February 2017 APPLICATION DEADLINE FOR JUNE 2017 EXAMS

1 September 2017 APPLICATION DEADLINE FOR DECEMBER 2017 EXAM


Women Must Register to Apply for CFA Awareness Scholarship

CFA Awareness Scholarships are dedicated scholarships: the scholarship applied for before 1 February 2017 can be used only for the upcoming June exam, whereas the scholarship applied for before 1 September 2017 – only for the upcoming December exam.

If so, you need to take these deadlines into consideration when registering with the CFA Institute to apply for your Women’s Scholarship.

If you are a December candidate, you have to create your account at the CFA Institute website before September. June candidates must register at the CFA Institute website before February. As a matter of fact, the sooner the better...

See when it’s best to register to ensure a scholarship award.

After you create your account, you will be assigned your CFA Institute ID – required for your application! Do not register though for your exam before you receive your scholarship.

register with CFA Institute apply wait for scholarship award register for your exam (payment)


When to Pay if I Apply for My CFA Awareness Scholarship?

You must not register for your exam before you obtain your scholarship. Because CFA exam registration means fee payment, you need to wait for your scholarship first. Then, register for your exam and make the reduced payment of USD 350.

CFA exam registration = fee payment

register after scholarship award but before the final registration fee deadline!

See CFA 2017 registration deadlines.


Awareness Scholarship Reduces CFA Exam Cost

With CFA Awareness Scholarship, exam registration fee is cut down to USD 350. Included in the price is enrollment fee (if applicable) + e-book curriculum.

See other CFA fees.


5 Types of CFA Awareness Scholarship

Women’s Scholarships – for women not eligible for other scholarships and not yet registered for their exam. Note that the scholarships are limited in number and the application period closes as soon as the limit is reached.

Professor Scholarships – requirements to meet: specified number of teaching hours + bachelor’s degree (or equivalent) offered by the university you work for.

Student Scholarships – awarded through universities and colleges affiliated with the CFA Program.

Regulator Scholarships – for entities supervising or regulating the investment management industry (full-time qualified employees only).

Media Scholarships – for media related to the world of investment and finance (full-time employees only).


CFA Awareness Scholarship: How to Apply

There are different application forms and rules for different types of CFA Awareness Scholarships. But you must always give your identification details.

Women are also asked to explain why they would like to earn their scholarship. Media applicants must attach current samples of their work and a letter from their employer. Also for university teachers, attachments are required.

CFA Awareness Scholarship applications must be sent to an appropriate e-mail address before deadline. Instead of an application form, regulators must e-mail to CFA Institute some relevant information like the name of the entity they work for and their role within its structure.


Before you register with CFA Institute and submit your application, read the Awareness Scholarship Official Rules and make sure you meet CFA Program entrance requirements.


CFA Awareness Scholarship:

USD 350 is all you pay for your exam

all levels: CFA level 1, CFA level 2, CFA level 3

separate application deadline for June and December exams

for women, registration with CFA Institute before application