Student Scholarship
To apply, you must be a student enrolled at a school or college participating in the University Affiliation Program.
This scholarship is available to students who are enrolled at an affiliated university and have not yet registered for their next exam.
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Award amount
CFA® Program exam registration is reduced to USD 600 plus any applicable tax.
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Application window
The Student Scholarship Program accepts applications from 1 September through 31 July.
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Eligibility requirements
For students currently attending an affiliated university and have not yet registered for their next exam.
Applicants are not required to be enrolled in an affiliated degree program to be eligible to apply.
Eligible exam windows for Student Scholarship recipients
Student scholarships are valid for one of four exam cycles, depending on your level, starting from the date a scholarship is awarded. Please refer to your award email for details. Registration and scheduling deadlines apply. If registration has already closed for a window, you will not be permitted to register.
Frequently asked questions
To apply, you must be a student enrolled at a school or college participating in the University Affiliation Program.
Log in using a computer to complete the Student Scholarship Application. The application cannot be completed on mobile devices. You will receive a confirmation email after submitting your application. If you do not receive a confirmation email contact us for assistance.
Read the full Role-based Scholarship Rules.
Applications will be reviewed and awarded by your university throughout the program year and are not based on a specific exam cycle. All decisions are final.
You should allow 5-8 business days from the time you receive the scholarship award notification for your discounted registration fee to be available.
If you are not awarded a scholarship, you will be eligible for the early registration price, but only for exam cycles where the early registration deadline has already passed. This discount is only available if the registration window for the applicable exam cycle is still open.
Please await the official decision notification from our Scholarships team for instructions on registering at the lower fee. If you register before receiving this notification you will not receive a refund for paying the higher registration fee.
Student scholarships are valid for one of four exam cycles, depending on your level, starting from the date a scholarship is awarded. Please refer to your award email for details.
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.
Candidates registering with a scholarship are not permitted to purchase a paid deferral but may request an emergency deferral if they meet the specified criteria.
Scholarships
CFA Institute scholarships are part of our commitment to promoting the highest standards of ethics, education, and professional excellence.
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