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 March 2025 application window is open 1 September 2024 – 10 January 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
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).
We are accepting scholarship application for the March 2025 CIPM exam window from 1 September 2024 – 10 January 2025 at 11:59 PM ET.
Below are the CIPM Program scholarships offered:
Student Scholarship
Login and complete the Student Scholarship application.
Professor Scholarship
Login and complete the Professor Scholarship application.
Decision timeline
Once your application has been processed, you will be notified of a decision by email. Review timelines vary by scholarship but you can expect a decision no later than 20 January 2025.
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 decisions by CFA Institute are final.
- Scholarships may not be sold, transferred, or assigned and are not convertible to cash.
- Scholarship candidates must comply with all applicable enrollment and registration deadlines published for all candidates.
- Scholarships must be used for the exam and within the specified timeframe for which they are granted. No refunds or paid deferrals are available. An emergency deferral may be requested if the specified criteria is met.
- Scholarships may not be applied retroactively.
- Currently registered candidates are not eligible.
- If a scholarship candidate fails to follow CFA Institute policies, including the identification policy, he/she will not be admitted to the exam and will forfeit his/her scholarship.
- If a scholarship recipient fails to register, schedule or appear for an exam for which he/she registered with a scholarship he/she will not be ineligible to receive future scholarships.
- The scholarship recipient consents to CFA Institute sharing his/her 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.
- The scholarship recipient consents to his/her Pass/Fail results being shared in aggregate with the society, school, employer or university from which he/she received the scholarship.
- Do not register for the CIPM exam until after you have applied and been approved for the scholarship.
- Scholarship recipients are responsible for any applicable taxes.
You have reviewed and will adhere to the rules for the scholarship program as listed above.
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.
Already a candidate? Access candidate resources