The CFA (Chartered Financial Analyst) designation is one of the most respected qualifications in finance. Whether you want to work in investment banking, portfolio management, or research, the CFA can boost your career. But before you start, it’s important to understand the costs involved.
In this guide, we’ll break down the CFA program fees for 2025, upcoming changes for 2026, and available scholarships that can help reduce costs.
CFA Fees 2025 & 2026 Updates
The CFA Institute has announced fee increases starting in 2026. Here’s what you need to know:
- Early Registration Fee: Increases by $150 per level.
- Standard Registration Fee: Increases by $200 per level.
- Total Cost for All Levels: If you pass all three levels on the first attempt, your total cost will rise by about $450 in 2026.
Pro Tip: Register early for each level to save up to $300 per exam.
How Much Will the CFA Cost in 2025?
Current Fees (Before 2026 Changes)
- Completing all three levels costs between $2,800 and $3,000, including registration and enrollment fees.
New Fees (Starting 2026)
- The total cost will increase by about $450, bringing it to $3,250–$3,450.
Is the CFA Still Worth It?
While the fee increase is significant, the CFA remains one of the most affordable finance certifications. You can reduce costs by applying for scholarships, registering early, and planning strategically.
How Scholarships Can Lower CFA Costs
The CFA Institute offers scholarships that can reduce your fees significantly. Here are the most popular ones:
1. Student Scholarship
- Who Can Apply? University students at CFA-affiliated institutions.
- Benefits:
- Enrollment fee waived ($350 saved).
- Exam registration reduced to $600.
2. Professor Scholarship
- Who Can Apply? Professors at CFA-affiliated universities.
- Benefits:
- Enrollment fee waived.
- Exam fee reduced to $600.
3. Access Scholarship
- Who Can Apply? Candidates who need financial assistance.
- Benefits:
- Enrollment fee waived.
- Exam fee reduced to $400 (lowest possible cost).
Pro Tip: Apply early! Some scholarships have strict deadlines and limited spots.
How to Manage CFA Costs & Maximize ROI
1. Register Early
Early registration can save you up to $300 per exam and give you more time to prepare.
2. Apply for Scholarships
Scholarships can cut costs by up to 50%, so don’t miss out on this opportunity.
3. Choose the Right Coaching Institute
A reliable CFA coaching institute helps you pass on the first attempt, avoiding costly retakes. Synthesis Learning provides expert coaching, flexible learning options, and high pass rates to ensure success.
Final Thoughts
The CFA is a valuable investment in your career, but managing costs is essential. With scholarships, early registration, and expert coaching, you can reduce expenses and improve your chances of passing.
Synthesis Learning offers expert faculty, flexible study options, and career placement support to help you succeed in your CFA journey. If you’re ready to take the first step towards becoming a CFA charterholder, start today!
