CFA Scholarship 2024: Online Registration, Login & Last Date To Apply

The acronym CFA stands for Chartered Financial Analyst. Before jumping into the CFA Scholarship first we have to Understand what is CFA Exam, the Level of Exams, and more essential things about CFA. If you want to become a CFA Chart holder, then first you need to clear the CFA exam. There are three levels to the CFA Exam. Passing the CFA exam entails passing all three levels. 

The level 1 test has the lowest pass percentage, which is locked at 43 percent for the previous few years but has recently dropped to 25 percent. Level 3 has the greatest pass rate, which formerly approached 50% but is presently hovering around 40%. Now, CFA introducing the CFA Scholarship, particularly for those who believe that the expense of the test is prohibitive due to their financial position. It may utilize for all exam levels and is available to both new and existing students.

What is CFA Scholarship 2024?

You are completely incorrect if you believe that becoming a CFA charter holder would cost you a fortune. The CFA Institute offers grants to help students afford the test. Access Scholarship is available for students who cannot afford the full Program expenses. There’s also a deal for students and women. From May 9 until June 13, 2022, the CFA test Access Scholarship will be accessible. If you apply for an Access Scholarship between May 9 and June 13, you may expect to hear about your scholarship award no later than July 31, 2022. 

The application deadline was the same for all tests scheduled for the next calendar year. And it ended in September of the year before the exams, making it difficult for applicants to schedule their exams. You must register on the Institute website to apply for your 2022 CFA exam Access Scholarship. You will be able to submit your application when you have created your account. 

Also Read: Khalifa University Scholarship

Key Highlights of CFA Scholarship

Introduced by	CFA Institute
Name of Scholarship	CFA Scholarship
Purpose of Scholarship	To provide scholarships for financially weak applicants
Benefits	An amount is given for the CFA Level exams
Eligibility Criteria	Applicant must be in the last year of any bachelor’s degree program
Deadline	Update Soon
Official Website	https://www.cfainstitute.org/

Objetives of CFA Scholarship 

A CFA Scholarship is an initiative of the Institution to provide financial assistance for those who are unable to pay the full cost of the program. A free tuition fee and subsidized registration are included in all CFA Institute Scholarships. Existing CFA program candidates and those interested in earning the CFA charter can apply for CFA scholarships. If you are enrolled in the program, you can apply for a scholarship for Level I, II, or III examinations, depending on where you are in the program. If you receive an Access Scholarship, you have seven months to register for the test (an exact expiration date should be given in your scholarship award email). Scholarships are not often transferred between examinations. You should take the exam for which you register after receiving your scholarship, otherwise, your Access Scholarship may reject in the future.

Benefits of CFA Scholarship

The CFA Access Scholarship is intended to help those who are contemplating the CFA program but may not be able to afford all of the program’s expenses. The Scholarship recipients will be able to enroll in the CFA Program for free and pay $250 USD to register for the test. Rather than the regular $1,000 USD exam registration price. 

Eligibility Criteria 

The applicants who want to apply under the scholarship must fulfill the following eligibility Criteria:

• In the last year of any bachelor’s degree program, the applicant will pursue.
• The candidate must also have a bachelor’s degree.
• The candidate must have four years of work experience or four years of work and college combined.
• When you apply for an Access Scholarship, you must give your identity information. You must also provide a personal financial statement as well as an explanation of why receiving an Access Scholarship is vital to you. Remember that your personal narrative, in addition to your financial requirements, is valuable. When crafting your application, attempt to set yourself out from the competition. Consider your advantages and why CFA Institute should invest in you.

Important Dates

The scholarship will be accessible soon.

Also Read: SN Bose Scholarship

Application Procedure for CFA Scholarship 2024

• The applicants first visit the Official Website of  CFA Institute, 

• On the homepage’s navigation bar, click the “Programs” option, then click on the Apply for Scholarship.

• After that, a new page will open where you have to click on Enroll & Registration link.
• A new page will appear where you have to create your account by filling in your details such as Name, Email id, or Create password.
• After that click on My Account Link, then a page will open 

• Here click on the Scholarship tab, then click on View Program.
• Then click on Complete Eligibility Profile.
• Now, select the preferred program and click on the save my profile link.

Womens CFA Scholarship 2024

The Women’s Scholarship is intended to help women who are contemplating or are presently enrolled in the CFA program but are not eligible for other Institute awards. The Women’s Scholarship recipients will be able to enroll in the CFA Program for free and pay $350 USD for exam registration instead of the regular $1,000 USD exam registration price.

Application Requirements for the CFA Women’s Scholarship

It will include the following items for the scholarship Application:

• Disclosure of any potential conflicts of interest
• References
• An individual statement

How to Write CFA Women’s Scholarship Essay

Because scholarships may be given based on a mix of criteria, writing a personal statement for the Women’s Scholarship is a vital aspect of creating your application.

The following points should be highlighted in your personal statement:

• Financial constraints
• Achievements in academia, business, or other fields
• Any contributions to your local community based on your investment management experience
• Why do you want to become a CFA charter holder?
• Some personal attributes that support your application for the scholarship

What Are The CFA Women’s Scholarship Guidelines

There are several restrictions you should be aware of while applying for the Women’s Scholarship and being qualified to enroll if you haven’t already.

• You should not register for a Program test while your scholarship application is underway.
• If you get awarded the Women’s Scholarship, you will get an email with details on how to register for the test.
• Awards are not redeemable for cash and cannot be sold, transferred, delayed, or assigned.
• If you have a Women’s Scholarship but do not take the test, you may lose your eligibility for future scholarships.

CFA Women’s Scholarship Deadlines

The scholarship application period has ended. The deadline for a decision is April 18, 2022. In September 2022, the next cycle will begin.

Application Procedure for CFA Women’s Scholarship

• For online registration, under CFA Women’s Scholarship, the applicant first visits the Official Website i.e. CFA Women’s Scholarship.
• The home page will appear on your screen where you have to click on the Create your account Tab.

• Now a new page will open where you have to enter your details such as Your Email id, Create a password
• After that click on the Sign in button.
• After creating an account Click on Scholarship, where you fill in your required details and at last click on the submit button.

CFA Students Scholarship

The Student Scholarship is intended to help students from all over the world who are enrolled at an Institute-affiliated university and are thinking about enrolling in the program. The Student Scholarship recipients will be able to enroll in the CFA Program for free. And pay $350 USD for exam registration instead of the regular $1,000 USD exam registration price.

What Are The Rules For The CFA Student Scholarship

Besides being enrolled at a college or university that is a part of the CFA Institute University Affiliation Program, there are rules that you should be aware of when applying for the scholarship

While your scholarship application is pending, you should not register for a CFA Program exam.

• If you are awarded the scholarship, you’ll receive email instructions that must follow about when you can register for the exam.
• Awards may not be sold, transferred, deferred, or assigned and are not convertible to cash.
• If you get awarded the Student Scholarship, and you don’t show up for the exam, you may be ineligible to receive future scholarships.

Eligibility Criteria 

Each Institute-affiliated university has its own set of requirements for the scholarship, so pay close attention to the supplemental documents for the CFA Student Scholarship specific to your college or university.

You can check the Name of your college or university to know the specific documents which are required for the scholarship by clicking on additional documentation link.

CFA Student Scholarship Deadlines

The application window for the CFA Student Scholarship is open for most of the year, however, it does have an open date and a deadline. The application deadline for the CFA Student Scholarship varies from year to year, although it is normally approximately 10 months following the open date.

Application Procedure for CFA Student Scholarship 

• The first step is to make sure your institution or college is part of the Institute University Affiliation Program before applying for the scholarship. If they are not presently participating in that programme, you will need to speak with the proper person at your institution about enrolling your college or university in it.
• Start by verifying when applications for the CFA Student Scholarship are being accepted if your institution or university is a member of the CFA Institute University Affiliation Program.

• Once or twice a year, the CFA Institute allows enrollment for the CFA Student Scholarship. You can apply for the scholarship by creating your CFA Institute account once the application window is open.
• For creating an account you have to enter your Email id or create a password, after that click on the Sign in button.
• Now, you have to click on  Student Scholarship Application where you fill out your application form or upload the required documents.

CFA Professor Scholarship 2024

Full-time college or university professors or department administrators who teach topics from the CFA Program Candidate Body of Knowledge are eligible for the CFA Professor Scholarship. The CFA Professor Scholarship recipients will be able to enroll in the CFA Program for free and pay $350 USD for exam registration instead of the regular $1,000 USD exam registration price.

CFA Professor Scholarship Eligibility Criteria

This scholarship is applicable for full-time college/university professors or administrators/department heads who have not yet enrolled for their next exam and teach a minimum amount of credit hours at eligible institutions.

Application Requirements for CFA Professor Scholarships

The CFA Professor Scholarship application must include the following information:

• Any possible conflicts of interest should be disclosed.
• Confirm that you are a full-time professor and that you teach a certain amount of credit hours every quarter or semester.
• Include a CV and an employment verification form.
• Must be submitted during the application window
• Before enrolling for a test, this form must be completed.

Rules for CFA Professor Scholarships

There are guidelines to follow while applying for the CFA Professor Scholarship, in addition to teaching the required amount of credit hours in areas included in the CFA Program Candidate Body of Knowledge.

• You should not register for a CFA Program test while your scholarship application is underway.
• If you are awarded the CFA Professor Scholarship, you will get an email with details on how to register for the test.
• Awards are not redeemable for cash and cannot be sold, transferred, delayed, or assigned.
• If you obtain the CFA Professor Scholarship but fail to appear for the test, you may lose your eligibility for future scholarships.

Deadlines for CFA Professor Scholarships

The application window for the CFA Professor Scholarship is normally available for most months of the year, however it does have an open date and a deadline. The application deadline for the CFA Professor Scholarship varies from year to year, although it normally ends roughly 11 months from the open date.

Application procedure for  CFA Professor Scholarships

• For registration under CFA Professor Scholarship, first you have to visit the official website of CFA Professor Scholarship.

• The homepage will appear on your screen where you have to scroll down and click on Enroll/Register link. 

• After that you have to SIGN UP by creating your account by filling Email id or password.
• Now, click on the Register link, where a new page will open you have to select the Level 1 and Level 2 programs according to your preference and click on the Register tab.
• After that a registration page will open, here you fill in your details and at last click on submit button.

CFA Regulator Scholarship 2024

The CFA Regulator Scholarship is established exclusively for financial sector organizations that oversee investment management businesses. Organizations that receive CFA Regulator Scholarships will be allowed to recommend workers to apply internally for free enrolment in the CFA Program and a reduced test registration price of $350 USD vs. $1,000 USD.

CFA Regulator Scholarship Eligibility Criteria

CFA Institute awards Regulator scholarships for qualifying organizations rather than to individuals. These businesses are then in charge of nominating employees for the scholarship. Employees of financial regulators, central banks, securities commissioners, qualified stock exchanges, SROs, and/or government agencies are eligible to participate in the program. Specifically, those organizations that monitor or govern the investment management industry’s operations, standards of practice, or corporate behavior and have signed a program agreement with CFA Institute.

Application Requirements for CFA Regulator Scholarships

If you’re submitting as an organization for the CFA Regulator Scholarship, your application should include the following information:

• Any possible conflicts of interest must be disclosed.
• Confirmation that the organization monitors or regulates investment management operations, standards of practice, or business behavior Agreement to the CFA Institute’s terms and conditions of participation.

Rules for CFA Regulator Scholarship

If you are nominated for the CFA Regulator Scholarship by your workplace, you must follow the rules outlined below if you are awarded the CFA Regulator Scholarship.

• You’ll get an email with information on how to register for the exam, which you must follow.
• Awards are not redeemable for cash and cannot be sold, transferred, delayed, or assigned.
• If you fail to appear for the test, you may lose your eligibility for future scholarships.

Deadlines for CFA Regulator Scholarships

CFA Regulator Scholarships are awarded to participating organizations on a yearly basis, and the application time is determined by those organizations.

Application Procedure for CFA Regulator Scholarship

CFA Institute awards regulator grants to qualifying organizations on a yearly basis. Individual employees are then nominated for scholarships by these organizations.

Individuals: check with your HR team or manager to see if your firm participates in the CFA scholarship program; alternatively, send an email to scholarships@cfainstitute.org  with the name of your company, its headquarters nation, and a link to its website. We’ll check to see whether your organization is already a part of the regulatory scholarship program and provide you with the appropriate contact information.

• If your employer is already a participant, please contact your HR department or an authorized CFA representative to find out how to apply for CFA scholarships through the company’s internal process.
• If the organization is not a participant, we will need contact information for key senior management so that we may contact them to explain the advantages, and procedures, and set up an agreement.

For Organisation-If your organization monitors or regulates the investment management industry’s operations, standards of practice, or business conduct, please email scholarships@cfainstitute.org  and one of our regional teams will contact you to discuss the regulatory scholarships program, benefits, and procedure.

Check the Progress of Your CFA Scholarship Application

To check the status of your CFA Scholarship application, log in to your CFA Institute account and search for a status update on your application. Pay attention to the application window’s dates and confirm that the application deadline has passed.

Contact Details

They provide phone service from 5:00 p.m. ET on Sunday to 5:00 p.m. ET on Friday. Please bring your CFA Institute ID with you so that we can assist you as promptly as feasible.

United States

• +1 (434) 951-5499

CFA Scholarship 2024 FAQs