CFA CFA Level 1 CFA Scholarships: some questions on how to apply and timelines

Scholarships

CFA Scholarships: some questions on how to apply and timelines

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      I am planning to take CFA Level 1 next year in February 2022 and wanted to apply for the access scholarship for it. I have few questions regarding the scholarship:

      1. Since I apply for a scholarship this year to get it for next year, I have to wait till the results are out and I have heard that they roll out results in December which makes it not possible to register for February 2022 as all the deadlines( early and standard) will be closed by 1 November 2020. Then what should I do?
      2. Is there any update on when will the date for access scholarship be open to applying?
      3. If after the results I do not get the scholarship and all the deadlines are over will I be able to register for the February exam if the deadlines are closed?

      Thanks for the help in advance.

      Zee Tan voted up
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      1. The Access Scholarship may have different terms when it relaunches. The current terms were set when the CFA exams were paper-based and on the old exam schedule. All other scholarships have moved to a rolling basis and it’s expected that the Access scholarship will follow eventually.
      2. Nothing confirmed, but CFA Institute have told us they will announce something “soon”.
      3. If the deadlines are closed I don’t think you will be able to register for it. You will however be still eligible for early-bird discounts for any registrations that are still open, even if the early-bird deadline has passed.

      If you have more questions let us know!

      Zee Tan voted up
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      Just some follow up questions.

      1. I’m from India what are factors on which the scholarship acceptance will be dependent?
      2. What are the chances of getting the scholarship ( as i have heard decreasing level of scholarship granted since more and more participants are increasing and trying for scholarship than maybe 3-4 years before)
      3. How can i stay updated on the scholarship announcement from the institute?
      4. If access scholarship moves to rolling basis how much will the taken by institute to declare results?
      Zee Tan voted up
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        1. Acceptance factors for CFA Access scholarship is available from the website:

          While financial need will be strongly considered, awards may be based on a combination of factors, including financial need; the academic, professional, or other accomplishments of the candidate; obstacles overcome by the candidate; contributions to the local community; the candidate’s interest in pursuing the CFA charter; and other personal characteristics that indicate the individual is a strong candidate to receive an Access Scholarship and become a CFA charterholder.

        2. No data on this. @zee would it be a good idea to do some research on this? Time permitting of course…
        3. You can tweak your email preferences here: https://preferences.cfainstitute.org/communication/preferences. Other than that subscribe to 300Hours and they usually include reminders about stuff like this in their weekly email.
        4. 12 weeks to scholarship results is currently the case for all rolling-basis scholarships.
        Zee Tan voted up
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      Thanks for the answers!

      Zee Tan voted up
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