CFA Scholarship 2023-24: Online Application, Eligibility & Last Date

CFA Scholarship 2023 Apply Online & Application Form | CFA Scholarship Benefits & Eligibility | Chartered Financial Analyst Scholarship Check Amount & Last Date | CFA Scholarship Portal Login & Registration | Chartered Financial Analyst Scholarship Check Online Status & All Details |

Students interested in pursuing a CFA (Chartered Financial Analyst) designation can apply online for the CFA Scholarship to receive financial support. This scholarship will assist with covering expenses related to the applicant’s education. It is important for students to submit their scholarship applications before the deadline.

Today through this article we will provide you with all types of information about the CFA Scholarship 2023-24 like Purpose, Eligibility Criteria, Benefits, Features and important Documents etc. Apart from this, we will share with you the process of applying online for this scholarship. To get complete information about this scholarship initiative, read this article till the end.

CFA Scholarship 2023-24

Applying online for the CFA Scholarship is open wanted to obtain all applicants or beneficiaries who CFA courses at the CFA Institute with financial assistance and support. This scholarship will pay for roughly 5 additional scholarships. The beneficiaries will earn variable scholarship amounts based on the student’s scholarship pursuit.

After receiving an online enrollment under the CFA Scholarship for pursuing CFA courses, students can now afford the program fees. The applicant needs to have completed a BA program or degree within the last year. Employees of government agencies, qualifying stock exchanges, securities commissions, central banks, financial regulators, and/or SROs are also eligible to compete.

CFA Scholarship: Online Application, Eligibility, Login & Last Date

Highlights Of CFA Scholarship Scheme 

The highlights of this scholarship are as follows: –

Name Of The ScholarshipCFA Scholarship 
Known As Chartered Financial Analyst Scholarship
Launched ByCFA Program Authorities 
Allocated portalCFA Institute Portal 
Covered ScholarshipsAccess Scholarship
Women’s Scholarship
Student Scholarship
Professor Scholarship
Regulator Scholarship
ObjectiveTo provide scholarships to students for pursuing CFA courses 
Benefit Students will be able to invest their careers in the investment business 
Applicable To International Students
Beneficiaries Students
Mode Of TransferDBT (Direct Benefit Transfer)
Payment Mechanisme-payment mechanism (PFMS System)
Form of BenefitScholarship amount 
Conduction University BodyCFA Institute 
Amount of benefit$250/- to $350/- 
Hosting SiteNational Information Center (NIC)
Last Date To Apply OnlineVariable Last Dates
Mode Of ApplicationOnline 
Telephone Number +1 (434) 951-5499
Email Addressinfo@cfainstitute.org
Official Websitewww.cfainstitute.org

Objectives Of Chartered Financial Analyst Scholarship 

The main objective of launching the CFA Scholarship is to provide the student with scholarship assistance so that they will be able to pursue their education in the investment and business management fields after pursuing a CFA course from the CFA Institute. This course will offer them a way or path to move forward and achieve their professional goals

Another objective of launching the CFA Scholarship is to provide variable scholarships to the students so that they will be able to get paid out their partial part of the CFA course fees after getting the scholarship amount.  The students will need to pass the relevant or respective exam in order to be considered eligible for a tuition fee waiver.

List of Covered Scholarships Under CFA Scholarship

The lists of covered scholarships are as follows:-

  • Access Scholarship
  • Women’s Scholarship
  • Student Scholarship
  • Professor Scholarship
  • Regulator Scholarship

Subsidiary Scholarship Initiatives

The details of subsidiary scholarships are as follows:-

ScholarshipForm of BenefitBeneficiariesAmount of Benefit
Access ScholarshipScholarships will be provided to the students for carrying out CFA CoursesAcademic ProfessionalsUSD 250/-
Women’s ScholarshipStudents will be awarded scholarships for undertaking CFA coursesWomen ApplicantsUSD 350/-
Student ScholarshipScholarships will be provided to the students for carrying out CFA CoursesStudents pursuing studies from affiliating universityUSD 350/-
Professor ScholarshipScholarships will be provided to the professors of the collegeProfessors of colleges in the fields such as finance, economics, and business in the CFA ProgramUSD 350/-
Regulator ScholarshipBank employees will be provided or awarded scholarshipsEmployees of financial regulators, central banks, securities commissions, stock exchanges, SROs and/or government entitiesUSD 350/-

Application Enrollment Last Dates

The last date for application enrollment is as follows:-

ScholarshipLast Dates
Access Scholarship31st August 2024
Women’s Scholarship31st August 2024
Student Scholarship31st July 2024
Professor Scholarship15th July 2024
Regulator Scholarship15th July 2024

Beneficiary Categories

The lists of eligible beneficiary categories are as follows:-

  • Women Candidates
  • Students
  • Professors
  • Bank Employees

Selection Parameters

The students will be selected on the basis of the mentioned selection parameters:-

  • Financial needs
  • Professionalism
  • Academic Records
  • Candidate’s Accomplishments
  • Level of Interest

Opening Of CFA Application Forms 

Whenever the application form starts or opens for providing scholarship opportunities to the students, the government opens fresh registrations for most of the year. Approximately, the server provides registration opening for 10 months from the date of opening or starting. The last date and start date vary from year to year depending upon the guidelines issued by the government. 

Study Resources For Pursuing CFA Course 

The list of study resources is as follows:- 

  • Study Tools:- CFA Institute offers and has developed or designed a comprehensive learning ecosystem so that all the registered students will be able to access online classes with the help of curriculum, study sessions and study plans.
  • PreProviders:- CFA Institute has also offered prep providers courses and study materials for the students. Students can take extra benefit from these courses.
  • Scholarships:- To promote professional excellence in the highest standards, CFA Institute has carried out various scholarship initiatives for those students who want to pursue it with the help of financial assistance.

List Of Covered Study Tools 

The list of covered study tools for studying are as follows:- 

  • Official Curriculum 
  • Practice Question Paper 
  • Mock Exam 

Central Govt Scholarships

Fintech As A Career Path 

The Finance Industry has adopted Fintech which changes and improves the landscape of investment management by applying some changes in the career choices of the investment business authorities. Fintech career paths provide a strong focus on computer science, programming and data science. It also uses technological innovation in the design and delivery of financial services and products.

List of Some Other Scholarships

The list of some other scholarships is as follows:- 

  • CFA Institute Scholarship Programs
  • CFA Access Scholarships
  • CFA Awareness Scholarships
  • CFA Women’s Scholarships
  • CFA Society Scholarships
  • CFA Diversity and Inclusion Scholarships
  • CFA Local Scholarships
  • CFA International Scholarships
  • CFA Program Scholarship for Societies
  • CFA Society Student Scholarships

Steps To Become A CFA Chartholder

The below-mentioned steps will need to be followed by students to become CFA Chartholder:-

Step Description
Pass CFA ExamsComplete all three levels of the CFA Program exams, including practical skills modules, to earn a charter.
Achieve Work ExperienceFulfil work experience requirements related to investment decision-making or adding value to the process.
Submit Reference LettersProvide 2-3 professional references to support your application, focusing on work experience and character.
Apply to Become a CharterholderApply to be a regular member of the CFA Institute; upon approval, you will attain the CFA charter.

Financial Assistance

One of the primary advantages of the Scholarship is the financial assistance it provides. Pursuing a CFA designation can be a significant investment, but with this scholarship, you can receive financial support to cover the costs of exam fees, study materials, and even registration fees for CFA events and conferences.

Career Advancement

Obtaining the CFA designation is highly regarded in the finance industry. It demonstrates your commitment to excellence and professionalism, making you stand out among your peers. With a Scholarship, you not only gain the knowledge and skills needed to excel in your field but also enhance your career prospects. Employers often prioritize candidates with the CFA designation, giving you a competitive edge in the job market.

Networking Opportunities

The Scholarship opens doors to a vast network of finance professionals worldwide. As a scholarship recipient, you’ll have access to exclusive networking events, conferences, and forums where you can connect with industry leaders, experts, and like-minded individuals. This network can provide valuable insights, mentorship, and potential career opportunities.

Skill Development

Through the CFA program, you’ll develop a comprehensive understanding of investment management, ethics, and professional standards. The scholarship offers access to study materials, online resources, and practice exams, enabling you to sharpen your skills and expand your knowledge base. This rigorous curriculum equips you with the expertise needed to navigate complex financial markets and make informed investment decisions.

Academic Excellence

The Scholarship recognizes and rewards academic excellence. To be eligible for the scholarship, you must demonstrate outstanding academic achievements and possess a strong passion for finance. Being selected as a scholarship recipient not only provides financial support but also serves as a testament to your dedication and commitment to academic excellence.

Industry Recognition

The CFA designation is globally recognized and respected in the finance industry. By earning this prestigious credential through the Scholarship, you join a community of professionals known for their high ethical standards and expertise. This recognition can open doors to exciting career opportunities and enhance your professional reputation.

Mentorship

As a Scholarship recipient, you’ll have the opportunity to connect with experienced professionals who can provide guidance and mentorship. Mentors can offer valuable insights, share industry knowledge, and help you navigate your career path. This mentorship can be instrumental in your professional growth and development.

Global Exposure

The Scholarship offers a truly global experience. With the CFA designation, you’ll gain international recognition and be part of a global network of finance professionals. This exposure can broaden your horizons, expand your cultural understanding, and provide opportunities to work in different countries or with multinational organizations.

Future Opportunities

By investing in the CFA program through the scholarship, you are setting yourself up for long-term success. The CFA designation is highly valued by employers and can open doors to senior-level positions, leadership roles, and lucrative career opportunities. It also provides a solid foundation for further professional development and specialization within the finance industry.

Personal Growth

Lastly, the Scholarship offers more than just financial and career benefits. It is a journey of personal growth and self-improvement. The rigorous curriculum, challenging exams, and continuous learning opportunities push you to constantly strive for excellence. The skills, knowledge, and discipline you gain through the CFA program can positively impact all areas of your life.

Benefits Of CFA Scholarship Scheme 

The benefits of this scholarship are as follows:- 

  • The CFA Scholarship will provide an opportunity for the students to get paid their CFA course fees.
  • A list of 5 scholarships will be provided to the applicants for applying online.
  • Applicants such as Women candidates, professors, students and bank employees will be able to apply online.
  • Students will be selected on the basis of selection parameters.
  • The scholarship amount will start at $250/- and will end at $350/-.
  • If the student has passed the exam, then they will only have to make a partial payment of the leftover course fees.
  • Students not able to afford the fees of this course will be able to afford so.
  • The candidate’s Accomplishments and level of interest will be proven beneficial for his or her selection.
  • The students will need to apply online for the CFA Scholarship Scheme before the last date of online form submission.
  • The students will be able to complete their courses.

Features Of CFA Scholarship 

The features of this scholarship are as follows:- 

  • CFA Institute has launched the Chartered Financial Analyst Scholarship. 
  • This scholarship has been launched to provide 100% fee reimbursement to students who want to pursue CFA courses. 
  • There are around 5 scholarships covered in the form of subsidiary scholarship initiatives.
  • This scholarship will cover the scholarship amount of $250/- to $350/-.
  • This scholarship will be applicable to women applicants, professors, students and bank employees.
  • The students will need to prepare for this exam.
  • For the selection of eligible beneficiaries, the institute will first conduct the exam.
  • Students who have qualified for the exam will be able to get admission to the CFA Institute. 
  • For getting more information about the CFA Scholarship, one can visit the official website. 

CFA Scholarship Eligibility Criteria 

The applicants will need to possess the mentioned-below eligibility criteria for registration under this scholarship:- 

ScholarshipEligibility Criteria
Access ScholarshipThe student must hold a bachelor’s degree from the respective university or institution. He or she must hold 4000 hours of working experience.
Women’s ScholarshipThis scholarship will be applicable to the women applicants who are interested in pursuing a CFA course and have not yet applied or registered for the next exam.
Student ScholarshipThe student must be enrolled in the affiliated university and have not yet registered or applied for the next exam.
Professor ScholarshipThe applicant must be a professor. He or she must be a full-time college/university professor in the major fields of Finance, Economics, and Business, and teaching topics of the CFA program.
Regulator ScholarshipThe applicant or beneficiary must be an employee of financial regulators/central banks/securities commissions/stock exchanges/SROs and/or government entities.

Important Documents 

Some of the important documents to apply online under the CFA Scholarship are as follows:- 

  • English Language Letter
  • CV
  • University Authority Identification Card
  • Email Address
  • Teaching License Copy
  • List of Publication work
  • Research Work
  • International travel passport
  • English Language Proficiency Reports

Process To Apply Online Under CFA Scholarship 

The applicants will need to follow the mentioned below steps to get online registration under this scholarship: –

Process To Apply Online Under CFA Scholarship 
  • Now you will get land on the homepage. 
  • Now click on the Menu Bar. 
  • Now click on the Programs button.
  • Then click on the CFA Program. 
  • Once again click the CFA Program Link.
Process To Apply Online Under CFA Scholarship 
  • A new page will be displayed on your screen. 
  • Scroll throughout the page and then click on the button to Enroll And Register.
Process To Apply Online Under CFA Scholarship 
  • A login form will be displayed on your screen.
  • Click on the link to Sign Up Now.
Process To Apply Online Under CFA Scholarship
  • The Create Account form will be displayed on your screen. 
  • Enter your Email Address.
  • Now click on the Continue button. 
  • Now click on the link to Send Verification Code. 
  • The code will get sent to your provided email ID. 
  • Enter this code in the shown column. 
  • Then click on the button to Verify Email. 
  • Click on the Continue Button.
  • Now the Create Account form will be displayed.
  • Enter the asked details such as:-
    • New Password 
    • Confirm New password
    • First Name 
    • Last Name 
  • Click on the Create Account button.
  • You will get successful registration on the portal. 

Getting Contact Details 

The applicants will need to follow the mentioned below steps for get contact details on the portal: –

  • To get contact details, the applicant will need first to visit the Official Website.
  • Now you will get land on the homepage.
  • Scroll throughout the page until you reach the bottom side of your homepage.
  • Click on the link to Contact Us.
Getting Contact Details 
  • Contact details will be shown on your screen. 
  • Now see the contact details by scrolling throughout the page. 

Contact Information 

In case any queries and questions come to your mind regarding the CFA Scholarship, then you may contact these mentioned below telephone number and email ID: –

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