CFA Institute Scholarship Programs

Our mission to lead the investment profession globally by setting the highest standards of ethics, education, and professional excellence, includes offering educational opportunities to current and future stewards of the world's investment markets.

CFA Program scholarships contribute to the vision of serving the interests of investors and society by promoting awareness of CFA Institute programs and by providing access to those programs to individuals who would otherwise be unable to afford full price.

CFA Program Scholarships for 2012

The current CFA Institute Scholarship Program remains in effect for the 2012 exam cycle.

The application deadline for the December 2012 exam scholarships is 1 September 2012.


Changes to the CFA Institute Scholarship Program

During 2012, CFA Institute will undergo a transition to a new scholarship structure that offers two types of scholarships for individuals pursuing the CFA Program: Awareness and Access.

Access Scholarships - Available for 2013 Exams

CFA Institute is making available a needs-based scholarship opportunity for those unable to afford the full price of the CFA Program enrollment and registration fees. In collaboration with our member societies around the world, Access Scholarships will be awarded beginning with the 2013 exam cycle.

  • Applications for the 2013 exam cycle are now available online and will be accepted through August 2012. The scholarship application deadline for both the June 2013 and December 2013 exams is 31 August 2012.
  • Access scholarship awards reduce CFA Program enrollment and exam registration fees to $250, including the CFA Program eBook. (Scholarship candidates are responsible for any additional costs for substituting or adding the print option, including curriculum and shipping costs plus any applicable taxes and import duties.)
  • Up to 2,500 scholarships will be awarded to CFA Program applicants each calendar year.

More about the 2013 Access Scholarships

Awareness Scholarships

Awareness scholarship awards will reduce CFA Program enrollment and exam registration fees to $350, including the CFA Program eBook. (Scholarship candidates are responsible for any additional costs for substituting or adding the print option, including curriculum and shipping costs plus any applicable taxes and import duties.)

  • CFA Program College Faculty Scholarships: These scholarships will continue to be available for all full-time college or university finance professors.
  • CFA Program College Student Scholarships: Through the June 2013 examination, these scholarships will continue to be awarded by finance faculty who hold the CFA charter. CFA Institute is also introducing a new recognition program for academic institutions that align their curriculum with the CFA Program curriculum, and after June 2013, all student scholarships will be awarded through CFA Program Partners and recognized institutions.
Awareness Scholarship Official Rules (coming soon)