GARP, with an aim to provide the future leaders an opportunity to sit for the FRM Exam instituted the FRM Scholarships irrespective of the candidates’ capacity for self funding.
The scholarship is available for FRM Part 1 exam only and not FRM Part 2. FRM Scholarships cover the exam registration fee and not the enrolment fee. The scholarship is awrded based purely on merit and the decision lies solely with the FRM committee.
The qualifications to be eligible for the scholarships are as follows:
Students: should be enrolled full time in a graduate program, at the time of the exam and as such, under graduate students are not eligible for the FRM scholarships.
Faculty members are deemed eligible if they can demonstrate full time employment.
GARP begins accepting applications from November 1st for the may exam and from May 1st for the November exam. The deadlines are Feb 28th and Aug 31st respectively.
Candidates who are applying for the scholarships must pay the Enrolment fees and exam registration fees. If they are awarded the scholarship they will get a refund for the exam registration fees which is covered under the scholarship.
Applications received after the deadlines are not considered under any circumstances.
Scholarships cover the cost of the Exam registration fee only.
Scholarships are awarded based on merit, and the final decision is at the sole discretion of GARP.
Students must demonstrate full-time enrollment in a graduate degree program at the time of the Exam.
Qualified students and faculty members are entitled to one scholarship per lifetime. There are no exceptions to this.
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