CFA Exam Level I

CFA Exam Level I fee windows

Toggle through upcoming windows to see early and standard fees, enrollment amounts, and deferral deadlines.

Level I

Feb 2026

CFA Institute details

Early

Open
RegistrationRegister by July 7, 2025
Enrollment feeUSD 0
Exam feeUSD 1140
TotalUSD 1140
Reschedule feeUSD 250
Paid deferralUSD 150
Emergency deferralUSD 0

Standard

Open
RegistrationRegister by October 29, 2025
Enrollment feeUSD 0
Exam feeUSD 1490
TotalUSD 1490
Reschedule feeUSD 250
Paid deferralUSD 449
Emergency deferralUSD 100
Deferral deadlineJanuary 2026

CFA Exam Level II

CFA Exam Level II fee windows

Pick a window to view early vs. standard registration details for returning candidates.

Level II

May 2026

CFA Institute details

Early

Open
RegistrationRegister by October 16, 2025
Enrollment feeUSD 0
Exam feeUSD 1140
TotalUSD 1140

Standard

Open
RegistrationRegister by February 6, 2026
Enrollment feeUSD 0
Exam feeUSD 1490
TotalUSD 1490
Deferral deadlineApril 2026

CFA Exam Level III

CFA Exam Level III fee windows

Explore early and standard fee schedules for your next attempt.

Level III

Feb 2026

CFA Institute details

Early

Open
RegistrationRegister by July 7, 2025
Enrollment feeUSD 0
Exam feeUSD 1240
TotalUSD 1240

Standard

Open
RegistrationRegister by October 29, 2025
Enrollment feeUSD 0
Exam feeUSD 1590
TotalUSD 1590
Deferral deadlineJanuary 2026

How to think about CFA exam fees

Registration timing changes your total cost

The biggest controllable variable is how early you register. Candidates who commit in the early window usually save meaningfully compared with standard pricing.

Deferral and rescheduling matter more than most candidates expect

Budgeting only for the exam fee is incomplete. A late shift in work, health, or preparation can trigger extra cost through deferral or rescheduling.

Fee planning is part of exam planning

Choose a registration date that fits your preparation runway, cash flow, and study calendar so you do not save money upfront only to pay again later through delay or retake risk.

Budgeting checklist before you register

Choose your exam window first

Decide whether your current workload and available study hours realistically support the target sitting.

Record the early and standard deadlines

Put both dates on your calendar now so you have a hard checkpoint before costs rise.

Add prep and mock costs separately

The CFA Institute registration fee is only one part of the total budget. Include study material, mocks, revision aids, and mentorship honestly.

Keep a buffer for reschedule or deferral

Even a small reserve can prevent poor timing decisions close to the exam.

CFA fee structure FAQs

Does the CFA fee structure differ by level?+

Yes. The broad framework is similar across Levels I, II, and III, but the actual exam fees differ by level and by registration window.

Should I always register in the early window?+

Only if your preparation timeline is credible. Early pricing is attractive, but it becomes expensive if you need to defer because the exam month never fit your schedule.

What should I do before paying for a CFA exam window?+

Confirm your level, exam month, available study hours, and revision buffer. Then compare that with your study plan, deadline page, and fee table.

Click here to go to CFA Institute for more info.