Each CFA exam costs from $1,140
CFA Institute charges from $1,140 per CFA exam. It says passing all three levels costs $3,520 to $4,570 in exam fees, depending on whether you register in the early or standard period. Rescheduling within your exam window costs $250. Fees are in US dollars and local taxes can be added.
CFA Program fees
| Exam fee, lowest | $1,140 |
|---|---|
| All 3 levels, early registration | $3,520 |
| All 3 levels, standard registration | $4,570 |
| Reschedule within your exam window | $250 |
| Missed exam with no reschedule | Fees are lost |
| Extra cost of registering standard instead of early, all 3 levels | $1,050 |
|---|
CFA Institute shows the exact fee for each level and exam window in its dates and fees tool. The fees shown do not include local taxes, which are added at payment if they apply. Exam fees are not refunded for missed exams. Sources: CFA Institute, CFA Exam Dates and Fees.
What this price covers
The fee covers one exam at one level. The CFA Program has three levels, so most candidates pay three times, plus any retakes. Learning materials are included.
What changes your price
- When you register. Early registration is cheaper than standard.
- Which level. The fee depends on the level and the exam window.
- Changes. Rescheduling costs $250.
Ways to pay less
- Register in the early period for every level.
- Look at CFA Institute scholarships, which can lower the fee.
- Book a date you can keep. A missed exam loses the whole fee.
How we got these numbers
Every fee on this page comes from the group that runs the test or sets the fee, taken from its own website. Where we show a total, we only add up that group's own fees so you can see the full amount in one place. We do not add our own guesses, and we do not use prices from test prep blogs. Fees can change, so check the official page before you pay. We last checked on September 26, 2026.
Common questions
How much is the CFA exam?
From $1,140 per exam.
How much does the whole CFA Program cost?
$3,520 to $4,570 in exam fees for all three levels.
How much does it cost to reschedule a CFA exam?
$250.
Do I get my CFA fee back if I miss the exam?
No. Fees for missed exams are not refunded.