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 Scholarship Info

In 2012, the CFA Institute made a change to the scholarship program with the introduction of the new Access Scholarship Program, a needs-based scholarship opportunity for those who are unable to afford the full price of the CFA Program enrollment and registration fees. In order to promote the CFA Program to those in financial need, the CFA Institute transitioned to a new scholarship program.

  • Access Scholarships reduce exam registration/enrollment fees to $250, almost $800 less than the price of registration and includes access to the eBook
  • Up to 2,500 scholarships to be awarded to CFA Program applicants under the new Access Scholarships
  • Global, online application with continued participation from local societies (including CFA Alabama) to assist with selecting recipients in their geographic regions
  • All awards can be used for either exam cycle – June or December
  • Access awards can be used for any Program level (I, II or III) 

The Access Scholarship program will continue to involve local member societies and leverage t​heir local presence and knowledge in the selection of recipients. At the same time, the CFA Institute implemented a uniform global application process that simplifies the scholarship search for prospective candidates.

Interested candidates should note that obtaining a scholarship will now take some advance planning, much like financial aid applications for students attending a university. Access scholarships are awarded in December to be applied to exams in the following year. If awarded, the recipient can apply the scholarship to
  • the June exam (Levels I, II, and III) or
  • the December exam (Level I only).​
Registration for applications will open at the beginning of the year and application deadlines falling in the middle of the year.     
For information on all available scholarships, please visit

Important Dates

Application for 2020 exams:

  • Available 1 March 2019
  • Must be completed by 15 September 2019
  • Scholarship are awarded by 1 December​

For further information, please follow the link to CFA Institute's page for Scholarships.​​​

 CFA Program

Learn more from CFA Institute about the CFA designation and its significance.