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How and when can I apply for a scholarship for the CFA exams?

Students must be in the final year of their bachelor degree program to sit for the first exam.

For a student graduating in May 2018, you may take the Level 1 exam in December 2017 and the Level 2 exam in June 2018.

MSU CFA Scholarships

As a CFA Institute University Affiliation Program Partner, the Finance Department has 15 scholarships for the exams. The scholarship recipients are competitively selected based on a student’s academic performance, commitment to hard work, and desire to embark on the CFA certification process.

Any student seeking a scholarship should submit the following materials by 5 p.m. on September 11, 2017, to 315 Eppley:

  1. A completed CFA scholarship application form.
  2. A current resume.
  3. A list of accounting, economics and finance classes taken and grades in each class.
  4. An essay explaining why you wish to become a CFA charterholder.  Also indicate if you are a member of SIA.

What support does the scholarship offer to CFA candidates?

The CFA Institute recently announced that the CFA Program exam registration fee will include the full curriculum and one online sample exam.

  • Candidate pays $350-$450 depending on the curriculum format selected.

CFA Exam Registration Fees without scholarship are as follows:

December 2017 (Level 1 only)

  • Early Registration Fee (Deadline Passed)
  • Standard Registration Fee (End Aug. 16, 2017):  US $930
  • Late Registration Fee (Ends Sep. 13, 2017): US$ 1,3800

June 2018 (Levels I, II, & III)

  • Early Registration Fee (Ends Sep. 20, 2017): US$ 650
  • Standard Registration Fee (Ends Feb. 14, 2018): US$  950
  • Late Registration Fee (Ends Mar. 14, 2018): US$ 1,380

CIPM Exam registration Fees are as follows:

  • First-time registering for the Principles exam or the Expert exam: US$975
  • Returning to register for the Principles or the Expert exam: US$500

CFA Institute

CFA Institute is the global, not-for-profit association of investment professionals that awards the CFA and CIPM designations. We promote the highest ethical standards and offer a range of educational opportunities online and around the world.


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