Chartered Financial Analyst University Affiliation Program

CFA Institute Student Scholarship

  • Award Amount: Program enrollment fee of $450 is waived and exam registration fee of $950 is reduced to $350.
  • Application Deadlines: February 1 for June exam and August 8 for December exam
  • Eligibility: Students currently attending an affiliated university

Students must apply for a scholarship before registering for the Level 1 exam. If you register for the exam prior to being awarded a scholarship, you become ineligible for a scholarship.

Visit CFA Student Scholarship Site

Student Scholarship Application Procedure

IMPORTANT: Do not register for the CFA Level 1 exam until after a scholarship has been approved.

  1. First, you must notify professor Russell Rhoads at rarhoads@iu.edu to inform him you are applying for a CFA Level 1 exam scholarship. Professor Rhoads will monitor your application process on the CFA website. After notifying professor Rhoads of your intent to apply, follow these directions to apply for the exam.
  2. Once you apply, you will receive a letter from the CFA stating your application has been received. Professor Rhoads, who is the Principle Contact for the CFA exam scholarships, selects up to 11 students per year.
  3. If you are selected, you will receive another letter from the CFA stating you have received a scholarship. Only then can you register for the Level 1 exam.