Scholarships
CFA Institute scholarships are part of our commitment to promoting the highest standards of ethics, education, and professional excellence. Our scholarships help make the CFA® charter more attainable and give more people an opportunity to advance their career.
Explore available scholarships
Our scholarships encourage a broader group of individuals to participate in the CFA® Program. All scholarships include a waived enrollment fee and discounted registration. Please review the individual scholarship pages for more details on application windows, eligibility requirements and other program rules.
All fees are net of any local Value-Added Tax (VAT), Goods and Services Tax (GST), Sales Tax or any similar tax payable by the candidate in their country of residence. Where CFA Institute is required to collect such taxes at the local statutory rate, this will be added to the fees shown during the payment/checkout process. For information about taxability related to online purchases from CFA Institute, please visit our Tax Policy page.
Access Scholarship
For individuals who may not be able to afford the program fees and are not currently registered for an exam. You are NOT eligible to apply if you are currently registered for an exam and/or are waiting for results to be released.
Student Scholarship
For students currently attending an affiliated university and are not currently registered for an exam. You are NOT eligible to apply if you are currently registered for an exam and/or are waiting for results to be released.
Professor Scholarship
For full-time college/university professors or administrators/department heads who teach a minimum number of credit hours at qualified institutions and are not currently registered for an exam. You are NOT eligible to apply if you are currently registered for an exam and/or are waiting for results to be released.
General scholarship FAQs
If your scholarship was awarded prior to 1 September 2024 then the new policies and fees are not applicable. You should refer to your award email for more details. If your scholarship was awarded on or after 1 September 2024 the new policies and fees are applicable.
No, you are not eligible to apply for a scholarship until you have received your exam result. If you apply for a scholarship prior to receiving your result, your application will be rejected.
Yes, you may apply for more than one scholarship program. If you receive multiple scholarships, the scholarship that was most recently awarded will be applied. Please note that if you are awarded a scholarship and fail to register, schedule your exam appointment, and sit for your exam then you will not be eligible for future scholarships. This policy is applicable even if you receive multiple scholarships.
No, we do not track nor limit the number of applications an individual submits.
The scholarship rate will not display immediately; you must navigate through the registration process and the reduced rate will display on the final page before payment. Note: if you change your payment method, your discount may be deactivated. If this occurs, please contact us for assistance.
If you fail to utilize your scholarship by not registering, not scheduling or not appearing for the exam, you will not be eligible to receive future scholarships.
Awards are non-transferable and cannot be extended past their stated expiration date. Please refer to your award email for these details.
Individuals are NOT eligible to apply for a scholarship if:
- You are currently registered for an exam, including pending your pass/fail result.
- You were granted a scholarship after 1 September 2024 and did not utilize it by registering or sitting for your exam.
- You were granted scholarships twice after 1 September 2024 and did not pass after your second attempt at the same level (only applicable on scholarship registrations).
Explore the CFA® Program
Whether you’re considering the CFA Program or already registered as a candidate, we have information and resources to help you navigate the next step.
Already a candidate? Access candidate resources
