CIPM® Program Fees
Refund and Deferral Policies
Full refunds are available within three days of payment if you change your mind. Due to fluctuating exchange rates outside our control, we cannot guarantee that the exact amount paid to CFA Institute will be the same amount (in other currency) returned. Registration refunds are also considered on a case-by-case basis for life-threatening or very serious illnesses (candidate or immediate family), natural disasters, and mandatory military service. This does not guarantee a refund to any candidate for any condition but instead provides CFA Institute with the discretion to determine which requests it approves and denies. Candidates awarded a refund are responsible for all applicable new curriculum charges. Refund requests must be received by CFA Institute prior to the scheduled exam or within 10 U.S. business days after the exam date. All refunds will be issued using the same payment method used to register.