Investment Foundations Refund Policy

Exam fees are non-deferrable and non-transferable. Refunds will be issued only upon receipt of a written request within 7 days of your exam registration and if CFA Institute has received verification of your cancelled appointment from Pearson VUE. Written requests for refunds can be submitted to All refunds will be issued in the same payment method used for registration, except that payments made by voucher will not be refunded and no replacement voucher will be issued. Due to fluctuating exchange rates outside of our control, we cannot guarantee that the exact amount paid to CFA Institute will be the same amount returned in the original currency.