Exam Deferral Policy

An FRM candidate may only defer their exam registration once to the next examination date. Please note:

  • A deferral to the next examination period must be submitted by the last day of Registration. For example, the last day of registration for May is April 15th; and for November's Exam the last day of registration is October 15th.
  • There is an administrative processing fee of USD 100 and this fee must be payable via credit card at the time of your request.
  • If you change your mind after submitting the Deferral Form and want to sit for the FRM exam during the current exam period, you need to contact GARP by the last day of the current Registration period; there is an administrative processing fee of USD 100.
  • As a deferred FRM Candidate, you will automatically be re-enrolled in the next cycle. If you decide not to attend the next exam, you will forfeit all exam fees and have to re-register as a new candidate.

Note: Any study materials you purchased for this year's exam may not all be applicable for next year's exam since the Study Guide and suggested readings will change from year to year.

Click here to defer FRM Examination.


Note: An additional administrative processing fee of $50 may apply, at management's discretion.

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2015 FRM Candidate Guide
The FRM Candidate Guide provides prospective and current FRM Exam candidates with a comprehensive overview of everything they need to know before, during, and after sitting for the FRM Exam.


FRM Videos
The following videos offer valuable information and advice about different aspects of the FRM Program.