How to Write a CFA Essay for Access Scholarship

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CFA Access scholarship requires you to write a personal statement or essay as a part of the application process. This is the most important part that can be the deciding factor for your selection. A well-written personal statement can increase the probability of you getting the scholarship awarded.

What is the CFA Access Scholarship?

The CFA Access Scholarship is specially designed to improve access for individuals who are considering the CFA program and cannot afford all the fees associated with the CFA program.  Recipients of the CFA Access Scholarship are able to enroll in the CFA Program freely and also pay $250 USD to register for the CFA exam vs the standard exam registration fee of $1,200 USD.

CFA Access Scholarship Application Requirements

When you collect materials for the CFA Access Scholarship application, do not forget to:

  • Disclose any potential conflicts of interest.
  • Include references.
  • Write a personal statement or essay
  • Submit application within the designated application window.

How to Apply For the CFA Access Scholarship?

The first step to apply for the CFA Access Scholarship is to make sure that you meet the enrollment criteria and requirements for the CFA program. If you meet those requirements, then you are able to check to see when applications are being accepted for the CFA Access Scholarship.

Usually, the CFA Institute opens registration for the CFA Access Scholarship once or twice a year.  When the application window is open you are able to submit your application for the scholarship through your CFA Institute account.

How to Write an Essay for the CFA Access Scholarship?

Writing a personal statement/essay for the CFA Access Scholarship is a crucial part of developing your application because awards can be granted based on a combination of factors. The factors to emphasize in your personal statement/essay should be:

  • Financial need
  • Academic, professional, or other accomplishments
  • Any obstacles you have overcome
  • Any contributions to your local community
  • Why you are interested in pursuing the CFA charter
  • Several personal characteristics which indicate why you should be considered for the CFA Access scholarship

All these factors are going to indicate that the individual is a strong candidate to receive the CFA Access scholarship and become a CFA charter holder. Please do mention all the achievements that make you appear as a deserving candidate for the CFA Access scholarship.

What Are the Rules for the CFA Access Scholarship?

Besides being eligible to enroll in the CFA program and submitting your application on time, there are rules which you have to be aware of when applying for the CFA Access Scholarship.

  • While your scholarship application is pending, then you should not register for a CFA Program exam.
  • If you are awarded the CFA Access Scholarship, you are going to receive email instructions that must be followed about when you are able to register for the CFA exam.
  • Awards cannot be transferred, sold, or assigned. Also, they are not convertible to cash.
  • If you are awarded the CFA Access Scholarship, but you do not show up for the CFA exam, you may be ineligible to receive future CFA Access scholarships.

CFA Access Scholarship Deadlines

Need to know that CFA Access Scholarship application windows contain an open date and a deadline. Each year the deadlines for applying to the CFA Access Scholarship fluctuate, but are typically around 35 days after the open date.

How to Check Your CFA Scholarship Application Status?

If you want to check your CFA Scholarship application status, simply you are able to start by logging in to your CFA Institute account and then look for a status update on your application.  Please pay attention to the dates listed for the application window and ensure the application deadline has passed. If you want to speak with someone directly regarding your application, just email the CFA Institute Scholarship department.

When Are Recipients of the CFA Scholarships Announced?

It can take several weeks or months for the CFA Institute to announce the recipients of the CFA Scholarship. Occasionally, members of the CFA society are going to request additional information from you or request to conduct a reference check or personal interview. If you want to speak with someone directly about your application, just email the CFA Institute Scholarship department.

Can You Reapply for a CFA Access Scholarship If You Are not Chosen?

Yes, if you are eligible and apply for a CFA Access scholarship and do not get selected, you will be able to re-apply.  Even if you receive a CFA Access Scholarship, you are able to be selected again for the same CFA Access Scholarship if you re-apply.

How Many People Get CFA Access Scholarships?

The CFA Institute does not disclose how many CFA Access scholarships are awarded each year. But it is fair to assume that each year at least one CFA Access scholarship is awarded.

What Is the CFA Women’s Scholarship?

The CFA Women’s Scholarship is specially designed to improve access for women who are considering or currently enrolled in the CFA program and do not qualify for other CFA Institute scholarships. Recipients of the CFA Women’s Scholarship are able to enroll in the CFA Program for free and pay $350 USD for exam registration vs the standard exam registration fee of $1,200 USD.

CFA Women’s Scholarship Application Requirements

In your CFA Women’s Scholarship Application, make sure to include these components:

  • Disclose any potential conflicts of interest
  • References
  • A personal statement

How to Apply For the CFA Women’s Scholarship?

CFA Women’s Scholarship applicants can be enrolled in or be in the consideration phase of enrolling into the CFA program.  The steps for applying are the same, but if you are not already enrolled in the CFA program you have to make sure that you meet the enrollment criteria and requirements for the CFA program first. The next step is to check when applications are being accepted for the CFA Women’s Scholarship. Usually, the CFA Institute opens registration for the CFA Women’s Scholarship once or twice a year. When the application window is open you are able to submit your application for the scholarship through your CFA Institute account.

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