The CFA Institute Access Scholarship Program is designed to make CFA Institute programs more available to individuals who may not be able to afford the full program fees.
Scholarship Candidates may be either new or existing candidates in the CFA Program. Candidates are ineligible if their current employer provides any financial assistance for participation in the CFA Program.
Candidates can only receive one Access Scholarship per calendar year. Further, a Candidate may only receive one scholarship per exam, so if a candidate applies for both an Access Scholarship and another type of scholarship, and receives an award, the remaining application will be void.
A) CFA Institute shall award Access Scholarships in its sole discretion. All decisions are final.
B) Scholarship recipients can register for a single examination in the CFA program in the relevant calendar year, and receive a copy of the corresponding curriculum in eBook format, at a discounted cost as set by CFA Institute. A print version of the curriculum may be purchased for the additional fee applicable to all exam candidates. For future examinations (for the same or another level), recipients must apply and be selected for an additional scholarship to receive the discounted rate. Recipients are responsible for their own passport fees, travel arrangements, expenses, incidentals, and supplemental study courses and materials.
C) Awards may not be sold, transferred or assigned and are not convertible to cash.
D) Recipients must enroll by the last registration deadline. For the June exam, Levels I, II and III of the CFA Program are offered to candidates. For the December exam, only Level I of the CFA Program is offered to candidates. For recipients who choose to enroll for the December CFA examination, the deadline to register with a scholarship award may be earlier than the published final deadline for non-scholarship candidates. Refer to your scholarship award letter sent electronically.
E) Awards must be used for the exam year for which they are granted. No deferrals are available.
F) If a recipient fails to follow CFA Institute policies, including the Identification Policy, he will not be admitted to the exam and will forfeit his scholarship.
G) If a recipient registers for an exam for which he/she receives a Scholarship and fails to appear for that exam, he/she may be ineligible to receive future Scholarships.
H) Scholarship recipients must participate in standard candidate research, such as the pre- exam and post-exam candidate surveys.
I) Scholarship recipient consents to his/her pass/fail results being shared with the Society from which he/she received the Scholarship.