Financial Risk Manager (FRM®)
FRM Fees and Payments
View our pricing breakdown, learn about team registration, and get other key payment information.
Exam Pricing
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FRM Exam Part I
May 10-16, 2025
Early Registration
Opens December 1
USD 600
Standard Registration
Opens February 1
USD 800
FRM Exam Part II
May 17-20, 2025
Early Registration
Opens December 1
USD 600
Standard Registration
Opens February 1
USD 800
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FRM Exam Part I
August 8-9, 2025
Early Registration
Opens March 1
USD 600
Standard Registration
Opens May 1
USD 800
FRM Exam Part II
August 8-9, 2025
Early Registration
Opens March 1
USD 600
Standard Registration
Opens May 1
USD 800
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FRM Exam Part I
Nov. 8-14, 2025
Early Registration
Opens May 1
USD 600
Standard Registration
Opens August 1
USD 800
FRM Exam Part II
Nov. 15-19, 2025
Early Registration
Opens May 1
USD 600
Standard Registration
Opens August 1
USD 800
FRM Exam Part I
May 10-16, 2025
Early Registration
Opens December 1
USD 600
Standard Registration
Opens February 1
USD 800
FRM Exam Part II
May 17-20, 2025
Early Registration
Opens December 1
USD 600
Standard Registration
Opens February 1
USD 800
FRM Exam Part I
August 8-9, 2025
Early Registration
Opens March 1
USD 600
Standard Registration
Opens May 1
USD 800
FRM Exam Part II
August 8-9, 2025
Early Registration
Opens March 1
USD 600
Standard Registration
Opens May 1
USD 800
FRM Exam Part I
Nov. 8-14, 2025
Early Registration
Opens May 1
USD 600
Standard Registration
Opens August 1
USD 800
FRM Exam Part II
Nov. 15-19, 2025
Early Registration
Opens May 1
USD 600
Standard Registration
Opens August 1
USD 800
Enrollment Fee for New Candidates
USD 400
All candidates new to the FRM Program are required to pay a one-time enrollment fee upon registering for their Part I Exam. For additional information about enrollment, please visit our FAQs section.
Enrollment Fee for New Candidates
USD 400
All candidates new to the FRM Program are required to pay a one-time enrollment fee upon registering for their Part I Exam. For additional information about enrollment, please visit our FAQ section.
Team Registration
Take advantage of an opportunity to elevate risk management throughout your whole organization. Find out more about the benefits of registering as a team.
Payment Details
For your exam registration to be considered complete, payment must be received by GARP by 11:59 pm EST on the closing date of each registration period.
Candidates can pay for their exam registration via:
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Credit Card: GARP accepts MasterCard, Visa, Amex, and Discover.
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ePay: GARP accepts Alipay.
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Wire: All wire payments will include a USD 50 processing fee added to your invoice. Please reference your GARP ID and Invoice Number when sending your payment. Full instructions can be found at the bottom of your invoice.
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ACH: All ACH payments will include a USD 50 processing fee added to your invoice. Please reference your GARP ID and Invoice Number when sending your payment. Full instructions can be found at the bottom of your invoice.
Note: All fees are subject to change.
Ready to take the next step toward Certification?
Registration for the May 2025 FRM Exam opens on December 1.