FRM Exam Fee Structure
Compare early vs. standard windows for FRM Part 1 and Part 2. Check enrollment fees, exam fees, timelines, and deferral deadlines directly from GARP.
FRM Part 1 fee windows
Toggle through upcoming windows to see early and standard fees, enrollment amounts, and deferral deadlines.
Aug. 7-8, 2026 (AM Session)
GARP windowEarly
ClosedCLOSED
Standard
May 1 - Jun. 30, 2026
FRM Part 2 fee windows
Pick a window to view early vs. standard registration details for returning candidates.
Aug. 7-8, 2026 (PM Session)
GARP windowEarly
ClosedCLOSED
Standard
May 1 - Jun. 30, 2026
How to think about FRM exam fees
Register early — always
The early window saves you $200 on the exam fee. With $400 enrollment for first-timers, the difference between early and standard adds up fast.
Enrollment fee is one-time
You pay the $400 GARP enrollment fee only on your very first FRM attempt. Part 2 and retakes do not include it.
Budget for the deferral option
If life gets in the way, a $250 deferral fee moves your registration to the next window. Factor it in — it beats re-enrolling from scratch.
FRM fee structure FAQs
What is the GARP enrollment fee?+
The $400 GARP membership/enrollment fee is a one-time charge paid when you register for FRM Part 1 for the first time. It is not charged again for Part 2 or any retake.
What is the difference between early and standard registration?+
Early registration costs $600 for the exam fee; standard is $800. The registration window you choose does not affect your exam date — just the cost.
What happens if I defer my exam?+
You can defer to the next available exam window by paying a $250 deferral fee before the deferral deadline. After that deadline, no deferral is possible.
Can I get a refund if I cancel?+
GARP does not offer refunds on exam fees. You can defer within the deferral deadline window, but cancellation forfeits your fees.
Are fees the same for all countries?+
Yes — GARP charges the same USD fees globally. Your bank may apply currency conversion charges on top.
Click here to go to GARP for more info.