Access Scholarship
The CFA Institute Access Scholarship Program is designed to make CFA® Program more accessible to individuals who may not be able to afford the full program fees while adhering to our mission and values. If you are considering applying for an Access Scholarship, be sure to read all of the information below and on our general scholarships page. We have made significant changes to the program and all applicants are expected to understand these changes before applying.
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Award Amount
CFA Program enrollment fee is waived and exam registration is reduced to USD400.
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Application Window
The Access Scholarship has 4 application windows per year that align with each exam window.
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Eligibility Requirements
Applicants must meet the enrollment criteria and requirements for the CFA Program. For full eligibility requirements, please review the Access Scholarship Rules.
Providing knowingly false or misleading information in applying for an Access Scholarship is a violation of the CFA Institute Code of Ethics and Standards of Professional Conduct. If we suspect your application contains inaccurate, deceptive, or untruthful information, you may be subject to an investigation by the CFA Institute Professional Conduct Program. Disciplinary sanctions may include a suspension or prohibition from participating in the CFA Program. You also may become ineligible to receive scholarships in the future.
CFA Institute reserves the right to request supporting documentation and proof of financial situation as part of a standard audit process. Failure to comply within the specified timeframe will result in the application being void and/or the scholarship being revoked.
Application Windows
Access Scholarships are valid only for one exam cycle. Please choose your preferred exam cycle and apply during that application window. No late applications will be accepted, and scholarships cannot be transferred to another exam cycle. Be sure to read the scholarship rules and usage policies before you apply. Failure to comply will result in forfeiture of an awarded scholarship.
May 2025 Levels I and II |
August 2025 Levels I, II, and III |
November 2025 Levels I and II |
February 2026 Levels I and III |
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Application Window Opens | 8 August 2024 | 6 November 2024 | 12 February 2025 | 29 April 2025 |
Application Window Closes | 26 August 2024 | 25 November 2024 | 3 March 2025 | 19 May 2025 |
Decision Date | 23 September 2024 | TBD | TBD | TBD |
During the application windows noted above, the Access Scholarship application will be available at https://cfai.smapply.io/prog/access_scholarship/.