What does the exam registration fee cover?
How do I submit payment?
How can I submit payment without a credit card?
Can I pay for both exams in one transaction?
What is the refund policy?
I would like a receipt for my exam fees. How can I get one?
How do I receive the early registration discount?
I am currently registered to sit for an exam, but something has come up/my plans have changed. Can I postpone my exam to the next testing period?
Do I qualify for discounted examination fees?
After registering for an exam, I realized I am eligible for discounted examination fees. Can I now get a refund of the difference in fees?

What does the exam registration fee cover?
The exam registration fee covers a single level exam (I or II) during a single exam period (March or September). Please note that by registering for a single exam, you are committing yourself to a date- and time-specific exam, and you may not postpone from one testing period to another; e.g., you cannot change your September Level I exam registration to March. Exam registration fees do not include the cost of textbooks or expenses associated with the purchase of other curriculum materials. top

How do I submit payment?
Registration is an online process. The preferred method of payment is by credit card. We accept American Express, VISA, and MasterCard. For all other non-website payments (including wire transfers, checks, or money orders), an additional processing fee per registration will be charged. Note: All fees must be paid in full by a single party. Partial, split, or multi-party payments are not accepted. top

How can I submit payment without a credit card?
You may print an invoice directly from our website. Simply navigate to your User Profile via the link in the upper right-hand corner of the screen and select the History tab.

If you are paying by check or money order, mail the check to:
The CAIA Association
100 University Drive
Amherst, MA USA 01002

NOTE: There is an additional $25 fee due on all checks and money orders. Checks must be in U.S. currency drawn from a U.S. bank.
Please include the CAIA candidate/member name on the check memo field.

For bank wire transfers:
Domestic and International Wiring Instructions
Bank Name: Bank of America
New York, NY

Domestic:
ABA Routing #: 026009593
CHIPS Participant #: Bank of America - 0959
Account Name: Chartered Alternative Investment Analys
Account Number: 0046 3772 4373

International:
Account Name: Chartered Alternative Investment Analys
Account Number: 0046 3772 4373
SWIFT Address: BOFAUS3N
New York, NY USA

NOTE: There is an additional $25 fee due on all wire transfers.
Please include the CAIA candidate/member name on the Wire Transfer memo field.

Can I pay for both exams in one transaction?
No. Each registration period is for one level-specific exam only. The Association does not allow prepayment for future exams. top

What is the refund policy?
The one-time program enrollment fee is non-refundable. The CAIA Association will grant refunds of exam registration and exam retake fees, but only if the registration is canceled within 30 days of the date you purchased the CAIA exam. Membership dues are also non-refundable. For more details, please review the Terms of Use Item 3b (Examination Registration Fees and Refunds). Exam registrations cannot be transferred to other individuals. top

I would like a receipt for my exam fees. How can I get one?
You may print a receipt directly from our website. Simply navigate to your User Profile via the link in the upper right-hand corner of the screen and select the History tab. top

How do I receive the early registration discount?
Candidates who register during the first six weeks of any registration period receive a $100 discount on exam registration fees only. To qualify for this discount, payment must be submitted by the early registration deadline. Exam retake fees are constant across exam levels and are not time-sensitive. top

I am currently registered to sit for an exam, but something has come up/my plans have changed. Can I postpone my exam to the next testing period?
No, registration is exam-specific and not open-ended. By registering for a single exam, you are committing yourself to a date- and time-specific exam, and you may not postpone from one testing period to another; e.g., you cannot change your September Level I exam registration to March. If you are unable to sit for the exam for which you are currently registered, or if you do not pass, you automatically become eligible to retake the same level exam during any future exam session for a $450 retake fee. top

Do I qualify for discounted examination fees?
Discounts are available to employees of AIMA and CISDM member firms. Membership in AIMA and CISDM is country- and division-specific. The CAIA Association also provides discounts for individual/employee members of other professional organizations. A complete list of available discounts is available here. To confirm membership, please check with your human resources department or contact these organizations directly. top

After registering for an exam, I realized I am eligible for discounted examination fees. Can I now get a refund of the difference in fees?
Eligible candidates must apply for the appropriate discount at the time of registration by clicking on the Association Discount Request button or forfeit said discount(s). The Association does not grant retroactive discounts. When registering for a CAIA exam, candidates automatically receive the lowest standard applicable rate at that time. In order to qualify for the early registration discount, your exam purchase must be completed prior to the close of the early registration period (see Exam Dates). top