CIPM® Program Scholarship

The CIPM scholarship program offers a reduced exam registration fee for qualified candidates. To learn more CIPM scholarship information, including who is eligible to receive a CIPM scholarship, please navigate to the questions below.

Award amount

The CIPM® exam fee is discounted to USD 300* for scholarship recipients.

Scholarship eligibility requirements

A CIPM scholarship applicant must meet one of the requirements as detailed below.

Application window

The September 2025 application window is open 5 March 2025 – 8 July 2025.

*Applicant is responsible for taxes. Award includes the digital curriculum only. Printed curriculum is available separately for an additional cost of USD 110, plus any fees associated with shipping, such as import duties, customs fees, shipping fees and/or taxes.

General scholarship FAQs

What are the eligibility requirements?
How do I apply for the CIPM scholarship?
What are the scholarship rules?
What agreements are involved?
Are there any conflicts of interest?

What are the eligibility requirements?

A CIPM scholarship applicant must meet one of the following requirements:

Professor Scholarship

Be a full-time employee of a degree-granting educational institution offering at least a bachelor’s or equivalent degree and teaching a minimum of 6 credit hours per quarter or semester.
Be a full-time administrative employee of a degree-granting educational institution offering at least a bachelor’s or equivalent degree and teaching a minimum of 3 credit hours per quarter or semester.

Student Scholarship

Be an eligible, full-time undergraduate or full-time or part-time graduate student of an affiliated university**.

**Faculty full-time employees/teaching – must include with this application a letter on letterhead in English and signed by an official of your academic institution or employer certifying that you meet the CIPM Scholarship Eligibility Requirements.

Individuals are NOT eligible to apply for a scholarship if:

You are currently registered for an exam, including pending your pass/fail result.
You were granted a scholarship after 1 September 2024 and did not utilize it by registering or sitting for your exam.
You were granted scholarships twice after 1 September 2024 and did not pass after your second attempt at the same level (only applicable on scholarship registrations).
You have a pending application for a CFA Institute scholarship. You must wait until you have received a decision before applying for another scholarship.

How do I apply for the CIPM scholarship?

Applications for the March exam window are accepted from 1 September – 10 January at 11:59 PM ET. Decisions are made no later than 20 January.

Applications for the September exam window are accepted from 5 March – 8 July at 11:59 PM ET. Decisions are made no later than 20 July.

Below are the CIPM Program scholarships offered. You will receive a confirmation email after submitting your application. If you do not receive a confirmation email contact us for assistance.

Student Scholarship

Professor Scholarship

What are the scholarship rules?

The CIPM scholarship rules are as follows:

CFA Institute shall award CIPM Scholarships in its sole discretion. Scholarships are not guaranteed to any applicant and all final decisions are made by CFA Institute.
Scholarships may not be sold, transferred, or assigned and are not convertible to cash. You are responsible for any applicable taxes due at registration.
Awardees must comply with all applicable enrollment and registration deadlines published.
Awardees must register and sit for their exam if awarded a scholarship. Failure to register and sit will result in becoming ineligible to receive future CFA Institute scholarships.
No refunds are available outside of the buyer’s remorse period. An emergency deferral may be requested if the specified criteria is met.
Do not apply for multiple scholarships at the same time. You must await your award decision before applying for another scholarship.
You consent to CFA Institute sharing your identity as a scholarship recipient with the local CFA Society®.
Any false statements or misrepresentations made by scholarship applicants may be grounds for discipline in, or dismissal from, CFA Institute’s programs.
Do not register for the CIPM exam until after you have applied for and been approved for the scholarship. Currently registered candidates are not eligible.
For future examinations (for the same or different level), recipients must apply and be selected again to receive a new scholarship. Awardees will have a maximum of two attempts to pass the exam per level when taking an exam paid for by a scholarship.

What agreements are involved?

You have reviewed and will adhere to the rules for the scholarship program as listed above.

Are there any conflicts of interest?

All scholarship candidates and sponsors must disclose to CFA Institute in writing any and all actual or potential conflicts of interest, including but not limited to those listed below, which may compromise the integrity of the Program.

CFA Institute may, in its sole discretion, refuse to accept or cancel a scholarship award if an actual or perceived conflict of interest exists. If CFA Institute rejects a nomination due to a conflict of interest, sponsor will be notified and may not be permitted to select an alternate scholarship candidate.

Potential conflicts of interest include:

Scholarship candidate is a close familial relative (spouse, parent, child, sibling, grandparent, grandchild, aunt, uncle, nephew, niece or first cousin) of the sponsor (or any member or employee of sponsor) selecting the candidate
Scholarship candidate or sponsor solicits, provides or accepts any compensation or other consideration in exchange for the nomination
Scholarship candidate is a current or former employee or director of the sponsor, CFA Institute, or a CFA Institute Member Society
Scholarship candidate has been sanctioned by the CFA Institute Professional Conduct Program
Scholarship candidate engages in any conduct that may reflect negatively upon CFA Institute

Explore the CIPM® Program

Whether you’re considering the CIPM Program or already registered as a candidate, we have information and resources to help you navigate the next step.

Discover CIPM Program

Already a candidate? Access candidate resources