Subsidies, exemptions, and waivers
Access the highest standard of finance education with financial support, thanks to a range of funding, waivers, and government subsidies for CFA Institute members and candidates.
CFA® Program candidates and CFA® charterholders may qualify for subsidies, waivers, or exemptions offered by governments, universities, and professional bodies. These programs help reduce education costs or provide recognition that supports career advancement in the investment profession.
How does CFA Institute support access to finance education?
CFA Institute offers a comprehensive range of funding opportunities to minimize cost and support financial career advancement around the world. Aligned with your individual circumstances, these waivers, exemptions, and government subsidies help you to participate in and benefit from the CFA® Program and other CFA Institute certifications.
Government subsidies
When you enroll in the CFA Program or work towards a certification, you may be eligible for government-funded financial support, depending on your circumstances and place of residence. This can offset initial registration costs. Following successful completion of your studies, you may benefit from further reimbursements, too.
Waivers from professional bodies
Certain professional bodies, certification programs, and regulators recognize the CFA Charter prestige and offer waivers. These allow you to earn additional certifications and broaden your professional expertise without the added financial implications.
University exemptions
We partner with select universities, allowing CFA Program candidates to qualify for waivers for GRE or GMAT exam exemptions or certain courses. This means you can advance directly to specialized courses and education that algins with your studies.
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Waiver, subsidy and exemption FAQs
No. Exemptions and waivers depend on local regulator policies, professional body agreements, or university partnerships. Candidates must review eligibility requirements in their region.
You can search the official database of subsidies, waivers, and exemptions to identify participating universities and applicable eligibility conditions.