CFA Fee Schedule

8/12/2019 CFA Fee Schedule

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CFA Exam Fee ScheduleMore Information

Check exam-related dates

Find CFA exam locations

What you should know about CFA Program fees:

Register early to save.There are three possible registration deadlines for each CFA exam, and fees increase with each subsequent deadline.

Registration closes at 11:59 p.m. ET on the final deadline .

Make your selections carefully.Enrollment and registration fees are nontransferable and nonrefundable. View the CFA exam Level I withdrawal policy.

First time CFA Program applicants pay an initial one-time enrollment fee in addition to the exam registration fee. (December 2013 candidates may

have additional fees associated with their curriculum selection.*)

Returning candidates pay only the exam registration fee. (December 2013 candidates may have additional fees associated with their curriculum

selection.*)Payment must be made in U.S. dollars.We accept several methods of payment. View your payment options.

June 2014 Exam (Levels I, II, and III)First time CFA Program applicants will pay an initial one-time enrollment fee of US$440in addition to the exam registration fee.

Returning candidatespay only the exam registration fee.

For the June 2014 exam, your registration fee includes access to the curriculum eBook for your exam level and supplemental study tools, including mock

exams, topic-based practice assessments, and an interactive study planner (supplemental study tools available October 2013). A print version of the June 2014
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curriculum may be purchased separately** (login required).

First deadline

25 September 2013

11:59 p.m. ET

Second deadline

12 February 2014

11:59 p.m. ET

Final deadline

12 March 2014

11:59 p.m. ET

First-time Enrollment Fee: US$440 US$440 US$440

Exam Fee: US$620 US$800 US$1,170

Create an accountor log in to register for the June 2014 exam.

December 2013 Exam (Level I only)

For the December 2013 exam, one mock exam is included in the registration fee and we offer three options for purchasing the CFA Program curriculum: eBookonly, print only, or both.* Select from the dropdown menu below to view pricing options.

eBook curriculum pricing

Item First deadline

13 March

11:59 p.m. ET

Second deadline

21 August

11:59 p.m. ET

Final deadline

18 September

11:59 p.m. ET

Program Enrollment

(new Level I only)

$440 $440 $530

Exam Registration $680 $780 $1,055

Curriculum eBook version save $40 save $40 save $40

Total Passed deadline$1,180 $1,545

Create an accountor log in to register for the December 2013 exam.

*December 2013 curriculum pricing details

When you register for the December 2013 CFA exam, you can choose from three curriculum options (all fees are in U.S. dollars):

If you select the eBook version of the curriculum only, we offer a US$40 discount: Enrollment + exam registration - $40 = total cost.
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If you select the printed version of the curriculum only, you do not receive the $40 discount: Enrollment + exam registration + $20 (shipping**) = total

cost.

If you select both the eBook version and the printed version of the curriculum , you pay the cost of the additional curriculum ($30) plus shipping:

Enrollment + exam registration + $30 (+$20 shipping for the printed version**) = total cost.

If you select the print version of the 2013 curriculum, it will be shipped within two business days after payment confirmation and should arrive within six to nine

business days after the shipping date.

We are unable to offer refunds or exchanges so we urge you to make your selection carefully.

**Import and Duty Fees

International print curriculum shipments may be subject to import duties and taxes, which are levied once a shipment reaches your country. You must pay an

additional charge for customs clearance we have no control over these charges and they vary from country to country. To avoid any issues with delivery of

your curriculum, contact your local customs office.

Enrollment and registration fees are nontransferable and nonrefundable. Application and payment must be received by CFA Institute by 11:59 p.m. Eastern

Time on or before the application deadline. Full refunds are available within two business 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

deferrals to the next available exam 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 deferral to any candidate for any condition but instead provides CFA Institute with

the discretion to determine which deferral requests it approves and denies. Candidates awarded a deferral are responsible for all applicable new curriculum

charges. Deferral requests must be received by CFA Institute prior to the scheduled exam or within 10 U.S. business days after the exam date.

June Level I candidates who re-register in the same calendar year (Level I exams are held in June and December) will not be charged again for the curriculum.

CFA Program ScholarshipsAccess and Awareness Scholarships reduce the cost of the CFA Program.

Learn more

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CFA Fee Schedule