Exam and Module Fees
Updated February 16, 2024
Fees listed below are subject to change. The examination fees for the Preliminary Education examinations include electronic access to the required study notes. Study Notes for the FSA level examinations must be purchased from the SOA.
|
Exam or Module |
Fee* |
|
Probability (P) Exam |
$ 260.00 |
|
Financial Mathematics (FM) Exam |
$ 260.00 |
|
Fundamentals of Actuarial Mathematics (FAM, FAM-L, FAM-S) Exam |
$ 390.00 |
|
Fundamentals of Actuarial Mathematics (FAM, FAM-L, FAM-S) Exam Student Fee |
$ 312.00 |
|
Statistics for Risk Modeling (SRM) Exam |
$ 340.00 |
|
Statistics for Risk Modeling (SRM) Exam Student Fee |
$ 272.00 |
|
Advanced Long-Term Actuarial Mathematics (ALTAM) Exam |
$ 475.00 |
|
Advanced Long-Term Actuarial Mathematics (ALTAM) Exam Student Fee |
$ 380.00 |
|
Advanced Short-Term Actuarial Mathematics (ASTAM) Exam |
$ 475.00 |
|
Advanced Short-Term Actuarial Mathematics (ASTAM) Exam Student Fee |
$ 380.00 |
|
Predictive Analytics (PA) Exam |
$ 1,170.00 |
|
Advanced Topics in Predictive Analytics (ATPA) Assessment |
$ 1,195.00 |
|
VEE (Candidate Credit) per topic |
$ 85.00 |
|
Fundamentals of Actuarial Practice (FAP) Standard Fee (5 Modules and 4 assessments) |
$ 520.00 |
|
Fundamentals of Actuarial Practice (FAP) Final Assessment Standard Fee |
$ 1,250.00 |
|
Pre-Actuarial Foundations (PAF) Module Standard Fee (1 Module & Assessment) |
$ 210.00 |
|
Actuarial Science Foundations (ASF) Module Standard Fee (1 Module & Assessment) |
$ 210.00 |
|
Associateship Professionalism Course (APC) – Virtual |
$ 625.00 |
|
Associateship Professionalism Course (APC) – In Person |
$ 805.00 |
|
FSA Component: |
$ 965.00 |
|
Foundations of Corporate Finance and ERM (CFEFD) Exam |
$ 1,275.00 |
|
Strategic Decision Making (CFESDM) Exam |
$ 1,275.00 |
|
Introduction to General Insurance (GIINT) Exam Administered through The Institutes. For more information, see the GIINT registration page. |
$ 350.00 |
|
Ratemaking and Reserving (GIRR) Exam |
$ 1,275.00 |
|
Financial and Regulatory Environment (GIFREU) Exam |
$ 1,275.00 |
|
Advanced Topics in General Insurance (GIADV) Exam |
$ 500.00 |
|
Group and Health Design and Pricing (GHDP) Exam |
$ 1,275.00 |
|
Group and Health Valuation and Regulation (GHVRU) Exam – U.S. |
$ 1,275.00 |
|
Group and Health Valuation and Regulation (GHVRC) Exam – Canada |
$ 1,275.00 |
|
Group and Health Risk Mitigation (GHRM) Exam |
$ 500.00 |
|
Life Product Management (ILALPM) Exam |
$ 1,275.00 |
|
Life Financial Management (ILALFMU/C) Exam – U.S. and Canada |
$ 1,275.00 |
|
Life ALM and Modeling (ILALAM) Exam |
$ 500.00 |
|
Quantitative Finance and Investment Quantitative Finance (QFIQF) Exam |
$ 1,275.00 |
|
Quantitative Finance and Investment Portfolio Management (QFIPM) Exam |
$ 1,275.00 |
|
Quantitative Finance and Investment Risk Management (QFIIRM) Exam |
$ 500.00 |
|
Funding and Regulation (RETFRC) Exam – Canada |
$ 1,275.00 |
|
Design and Accounting (RETDAU/C) Exam – U.S. and Canada |
$ 1,275.00 |
|
Retirement Plan Investment and Risk Management (RETRPIRM) Exam |
$ 500.00 |
|
FSA Module |
$ 310.00 |
|
Enrolled Actuaries Pension Examination EA-1 |
$ 375.00 |
|
Enrolled Actuaries Pension Examination EA-2 Segment F |
$ 375.00 |
|
Enrolled Actuaries Pension Examination EA-2 Segment L |
$ 375.00 |
* All amounts in U.S. dollars
Student fees are available only to candidates currently enrolled in full-time university study programs for preliminary exams ALTAM, ASTAM, FAM, FAM(L), FAM(S), SRM. No student rates are provided for exams P, FM, or PA.
For International candidates, reduced examination fees are available to qualified candidates in eligible countries.
If eligible for a reduced rate, candidates will receive the option of selecting either the full-time student status or international discount at the time of registration.
Fees should be remitted in U.S. funds (or equivalent) by check, money order, American Express, MasterCard or Visa. Please note that payment in non-U.S. currency may slightly delay the processing of the application. All outstanding exam fees and administrative fees must be paid in full prior to enrollment in future exams.