FRM Part I · exam guide
FRM Part I Registration
Checked against GARP's official pages, as of 12 October 2026. Rules and fees change; confirm on the official site before you act.
Candidates register and pay through their GARP account, then book a test centre appointment during the scheduling window. New candidates pay a one-time enrollment fee with their first Part I registration.
Steps to register
- 1Create a GARP account and register for FRM Part I in the chosen exam window (May, August or November).
- 2Pay the one-time FRM Program enrollment fee (first-time candidates only) and the Part I exam fee. Early registration costs less than standard registration.
- 3Book an exam date, time and test centre during the scheduling window for that exam window. All registration and scheduling deadlines are 11:59 pm US Eastern Time.
- 4Print the Confirmation of Appointment email; it must be presented with valid ID on exam day.
Fees
| Item | Amount | Note |
|---|---|---|
| FRM Program enrollment fee (one-time, new candidates) | USD 400 | Paid when registering for Part I for the first time; as listed for the May 2027 exam |
| Part I exam fee - early registration | USD 600 | May 2027 exam; early registration Dec 1, 2026 - Jan 31, 2027 |
| Part I exam fee - standard registration | USD 800 | May 2027 exam; standard registration Feb 1 - Mar 31, 2027 |
| Deferral to a later exam window | USD 250 | Allowed only once, to one of the next two exam administrations |
| Wire or ACH transfer payment | USD 50 | Processing fee on top of the exam fee |
Validity: An exam registration is for one exam window. A paid registration can be deferred only once, to one of the next two exam administrations, for USD 250 (deadlines: by March 31 for May, June 30 for August, September 30 for November). Within a window, an appointment can be rescheduled once to another date or time. A refund can be requested only within 48 hours of registering. Fees exclude taxes such as GST or VAT, which are added at checkout.