Part I exam fee and deadlines
Registration is $600 in a window's early period and $800 in its standard period, plus a one-time $400 enrollment fee if you are new. Pick a 2027 window to see your cost today, every deadline and the weekly hours to plan.
What registering today costs
$1,000 to $1,200
$600 early or $800 standard plus the $400 enrollment fee.
- Part I exam dates
- May 8, 2027 to May 13, 2027
- Early registration ($600)
- Dec 1, 2026 to Jan 31, 2027
- Standard registration ($800)
- Feb 1, 2027 to Mar 31, 2027
- Schedule your seat by
- April 23, 2027
2027 windows and fees
| Window | Part I dates | $600 early | $800 standard |
|---|---|---|---|
| May 2027 | May 8, 2027 to May 13, 2027 | Dec 1, 2026 to Jan 31, 2027 | Feb 1, 2027 to Mar 31, 2027 |
| August 2027 | Aug 13, 2027 to Aug 14, 2027 | Mar 1, 2027 to Apr 30, 2027 | May 1, 2027 to Jun 30, 2027 |
| November 2027 | Nov 13, 2027 to Nov 18, 2027 | May 1, 2027 to Jul 31, 2027 | Aug 1, 2027 to Oct 29, 2027 |
See where you stand first
The free diagnostic has 12 questions, 3 from each topic area, and takes 29 minutes. No account. You get your score by area and a lesson on the one to fix first.
Questions people ask
How much does the FRM Part I exam cost?
GARP's 2027 Part I registration fee is $600 in a window's early registration period and $800 in its standard period. New candidates also pay a one-time $400 enrollment fee, so a first sitting costs $1,000 early or $1,200 standard, before taxes.
When is early registration for May 2027?
December 1, 2026 to January 31, 2027. Standard registration runs February 1 to March 31, 2027.
Can I change my exam month?
Once, for $250: by March 31 for May, June 30 for August and September 30 for November.
How many hours should I plan to study?
In GARP's survey of May 2015 candidates, the average was about 240 hours. The planner turns that into hours a week for your window.