I'm trying to apply for the Access scholarship for CFA L1, and it is asking me to enter approximate income. However, I am still a student and do not hold any assets or have a salary. Am I supposed to factor in my parents' salary and assets? Our house, owned by my parents, was bought on loan and the loan is not fully paid off. Should I still consider the full value in net assets?

I think it's a matter of interpretation. Parents salary: I would include this. My reasoning is that students of affluent parents should have less of a need for an Access Scholarship. Assets/house: Net equity on the home (i.e. value of home - amount owed in the loan) should be reasonable. Hope that helps!

Hi folks, I have the same issue, if anyone from the community could clarify, that would be great!

A CFA General Discussion About Salary And Assets In Access Scholarship Application

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This topic has 2 replies, 3 voices, and was last updated Jan-221:43 pm by Zee Tan.

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- deku123
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  - CFA Level 1
  22 Jan 2022 at 1:26 pm
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  Hi folks, I have the same issue, if anyone from the community could clarify, that would be great!
- Zee Tan
  Keymaster
  - CFA Charterholder
  23 Jan 2022 at 1:43 pm
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  I think it’s a matter of interpretation.
  1. Parents salary: I would include this. My reasoning is that students of affluent parents should have less of a need for an Access Scholarship.
  2. Assets/house: Net equity on the home (i.e. value of home – amount owed in the loan) should be reasonable.
  Hope that helps!
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