We are excited to announce that, for the first time, 2020–2021 Research Challenge students will receive a special $200 discount for the Level I CFA^® Program exam.

We are offering this discount as a testament to the work these students produce and to encourage participants to take the next step in their careers by starting the journey to becoming CFA charterholders. This effort also aims to concretely transition the competition into a candidate pipeline. 

The details for the discount are as follows:

• The discount is specifically for the August 2021 Level I exam administration.
• Registration for the discount period will be open in January.
• The discount is US $200 off the Early Registration fee*.
• Eligible students will receive an email with registration details when the discount period opens.
• NOTE: Students must successfully register for the competition and opt-in for CFA Program communications to receive the discount.

* Students who are enrolling in the CFA Program for the first time will still be responsible for the program enrollment fee.

We will share more information about this discount in the coming months. In the meantime, we encourage you to share this information with prospective students and universities.