Exam FAM scores, pass mark and results

An unofficial pass or fail arrives by email within an hour of finishing. The official grade, on a 0 to 10 scale where 6 or more passes, reaches your SOA transcript eight to twelve weeks after the testing window.

The 0 to 10 scale

0Fail
1Fail
2Fail
3Fail
4Fail
5Fail
6Pass
7Pass
8Pass
9Pass
10Pass

Failing grade	Share of the passing score
5	90% to just under 100%
4	80% to just under 90%
3	70% to just under 80%
2	60% to just under 70%
1	50% to just under 60%
0	Below 50%

Find your grade

SOA grade

6 to 10

A pass: 107% of the passing score.

When results arrive

Sitting	Pass or fail	Pass list published	Grade on your SOA transcript
Exam FAM, October 2026	By email within the hour	January 8, 2027	January 11, 2027

Pass	A grade of 6 to 10
Pass mark	60% correct on average (July 2026)
Pass rate	57.0% in July 2026
Unofficial result	Pass or fail by email within an hour

What the grade means

Grades 0 to 5 are fails, and each step is 10% of the score needed to pass: a 5 means at least 90% of it. A 0 does not mean no marks, only less than half the passing score.

Each sitting uses several versions of the exam, built to be of comparable difficulty, and the pass mark is set before the exam is given.

If you do not pass

Grades are final: SOA does not regrade exams.
Exam FAM is offered three times a year, in February, July and October.

Try 2 questions

Question 1

Losses follow a Pareto distribution with $\alpha = 3$ and $\theta = 2{,}000$ .

Calculate $\mathrm{TVaR}_{0.95}$ .

Question 2

Mortality follows the Standard Ultimate Life Table, and $i$ $= 0.05$ . You are given:

$A_{50}$	$\ddot{a}_{50}$
0.18931	17.0245

A fully discrete whole life insurance on (50) pays $100,000 at the end of the year of death. Gross premiums are payable annually in advance for life. Expenses, incurred at the start of each policy year, are:

- first year: 60% of the gross premium plus $500; - each later year: 10% of the gross premium plus $75.

Calculate the gross premium using the equivalence principle.

Next step

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SOA's grading rules

Questions people ask

What is a passing score on Exam FAM?

A grade of 6 or more on SOA's 0 to 10 scale. In percent terms, SOA reported that an average of 60% correct was needed to pass the July 2026 sitting.

When do Exam FAM results come out?

An unofficial pass or fail arrives by email within an hour of finishing. The official grade reaches your SOA transcript eight to twelve weeks after the testing window: October 2026 on January 11, 2027.

How many people pass Exam FAM?

57.0% of the 1,341 candidates passed the July 2026 sitting, by SOA's results notice.