The following are the fees specified by GARP for the FRM examinations:

EXAM ENROLLMENT EARLY STANDARD LATE
FRM Exam Part I  $400  $350  $475  $650
FRM Exam Part II N/A $350 $475 $650

For the 2017 examinations, the following are the dates and the associated fee structures:

New Candidate – FRM Exam Part I

EARLY
(1-DEC’16 – 31-JAN’17)
STANDARD
(1-FEB’17 – 28-FEB’17)
LATE
(1-MARCH’17 – 15-APRIL’17)
Enrollment fee  $400  $400  $400
Exam fee $350 $475 $650
Total $750 $875 $1050

Returning Candidate – Part I/Part II

EARLY
(1-DEC’16 – 31-JAN’17)
STANDARD
(1-FEB’17 – 28-FEB’17)
LATE
(1-MARCH’17 – 15-APRIL’17)
Enrollment fee  $0  $0  $0
Exam fee $350 $475 $650
Total $350 $475 $650

Scholarship

CA CS CMA Free Lectures

GARP offers scholarships to all full-time graduation level students. This scholarship will cover the cost of the exam fees of the Part I exams conducted by GARP. The university professors taking the FRM Part I examinations are also eligible for this scholarship. However, there are no scholarships available for Part II of the FRM exams.

To apply for this scholarship, the students have to first register for the examinations and pay the enrollment fee and exam fees. Thereafter, they can apply for the scholarship.

The deadline for application for scholarships for the 2017 exams are:

  • May 2017 examination – February 28, 2017
  • November 2017 examination – August 31, 2017

The application form for scholarships is available for download here.

Online Exam Benefits Over Classroom Training

  • In classroom training, the students have to be present in the class whereas no physical appearance is needed in online training. Everything is delivered over the internet.
  • Online classes are more flexible than classroom training. In classroom training, many sessions are held over the duration of the course and it ends with the last class. However, in the case of online training, even after the regular online virtual classes end, several additional sessions can be scheduled on demand to clarify the doubts of the students or to give updates about any changes.
  • For online training, any updates or necessary changes can easily be delivered through recorded videos, online sessions or study materials. In classroom courses, this becomes difficult.
  • Online training helps students around the globe to utilize the e-learning facilities like recorded courses, live online training sessions etc. Different courses are delivered to them without any limitation of time and geography. A large number of students can be accommodated in online training at one time. This isn’t possible in a classroom training. Only limited students can be accommodated due to limited availability of space.
  • No traveling time is required to attend an online training. These courses are available 24×7. This facility isn’t available in case of a classroom training. These can only be accessed by the student during the scheduled hour.
  • Video recordings simplify the life of every student to understand and view each lecture repeatedly till the student is satisfied with his/her preparation. This is one of the most important benefits of appearing for online exams. Classroom training, on the other hand, has limited or no scope of repetition.
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