New 2020 CFA Women Scholarships & The Pitfalls

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CFA Women's Scholarship: When to Apply


CFA Institute is currently offering CFA Women’s Scholarships for June 2020 exams. These scholarships are dedicated to all women and are awarded on a first-come, first-served basis. So, apply now if you want to sit the June exam and haven’t applied for any other CFA 2020 scholarship yet.


CFA Scholarships for Women

CFA Women’s Scholarships are awarded by CFA Institute for CFA exams held in June and December. The scholarship reduces the total exam registration cost to USD 350. The application period for June is from mid-August to 1 February. For December, it starts in late January and ends on 1 September.


CFA Women’s Scholarship June 2020

CFA scholarships for women taking their exam in June 2020 are already available. Apply now!


Women’s Scholarships are offered to women interested in the CFA exam and ineligible for other CFA scholarships. It aims at promoting broader participation of women in the CFA Program. Apparently, the goal has been reached because all scholarships for women are always awarded way before the official deadline defined by CFA Institute:


CFA Women’s Scholarship Deadlines

June exams official deadline: 1 February
Dec exams official deadline: 1 September

in practice: you never know when it’s over




Shorter Deadline!

You shouldn't put off the decision to apply for a scholarship if you’re a woman. You better hurry up if you’re interested because you never know when the application period closes.

The interest in the scholarship for women must be intense. Maybe even greater than expected because ever since its introduction in 2017 the application period has always been closed prior to the set deadline. The application period is always closed as soon as the number of sent-in applications exceeds a specified but undisclosed limit.


women’s scholarships limited in number application period closes as soon as the limit is reached



Available for All Women?

To apply for the scholarship, you need to be a woman who does not qualify for any other CFA scholarship, e.g. Access Scholarship, and you must not be registered for your CFA exam yet.

First, you need to apply and wait for the scholarship award. Only then should you register and pay for your exam. The reduced CFA exam registration fee is USD 350 if you’re selected for the scholarship (plus the enrollment fee is waived). No refunds are available if you register and pay for your exam before you receive the decision about the scholarship award.


register with CFA Institute apply wait for scholarship register for your exam & make the payment



Sadly, you will find out that the Women's Scholarships for your exam are no longer available only when the scholarship award limit is reached. Some of you may end up disappointed when you find out it is too late to apply even though the official deadline has not yet expired. So, if there is one thing you need to know after reading this post, it's this: fill in the application and better submit it sooner than later if you hope for this scholarship!



CFA Women's Scholarship Essay: What to Write?

When filling in the online application for your CFA Women’s Scholarship, you will be asked to write why you’d like to get it. What you write may affect CFA Institute’s decision.

As a rule, the more personal it gets, the better. Share your personal story from the angle that shows your dedication to getting the CFA charter. A few basics you will want to include in your application should definitely be your interest in finance, work in the field (what do you do in your job? why do you like it? are you dedicated to going down this path? what kind of future do you see for yourself in the world of finance?) or your achievements, especially if they make you stand out from your peers.


Learn more on CFA women’s and other scholarships

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