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FRM exam fees

What it costs to enrol and to register for each part.

Exam registration fees, per part

The exam fee is charged for each part you register for, so a candidate sitting both parts pays it twice.

PartEarly fee per partStandard fee per partSaved per part by registering early
Part IUSD 600USD 800USD 200
Part IIUSD 600USD 800USD 200

Enrolment fee

New candidates only, once: a one-time enrolment fee of USD 400, paid when you first register for Part I. It is not charged again for later registrations.

The cost of both parts

Sitting each part once costs USD 1,600 at the early fee, or USD 2,000 at the standard fee: USD 400 more. Includes the one-time enrolment fee of USD 400. A part sat again is paid for again. These are GARP's fees only, not study materials or courses.

Other costs and changes

Fees as of 27 October 2026.

Last checked against GARP’s own pages on 27 October 2026. Source: GARP. These figures are set by GARP and can change; confirm on its website before you act on them.

Questions people ask

What is the difference between the early and the standard fee?

Registering before the early deadline for a window costs less. The deadlines are on the exam dates page.

Are these fees all I will pay?

No. They are the exam fees. Study materials and any preparation course are separate.

Plan your preparation around the date you choose.

See the FRM course →

GARP does not endorse, promote, review, or warrant the accuracy of the products or services offered by Charta Learning, nor does it endorse any pass rates claimed by Charta Learning. Further, GARP is not responsible for any fees or costs paid by the user to Charta Learning. FRM® and GARP® are registered trademarks owned by the Global Association of Risk Professionals, Inc. The questions, explanations and study notes are written for this product and are not GARP curriculum material.