Certified Financial Aid Administrator™ (CFAA) Program Fees

CFAA LogoPursuit of the CFAA designation is an investment motivated financial aid professionals should make. NASFAA ensures that the CFAA Program is priced fairly and competitively among other professional certification programs. Ask for support from your supervisor using the customizable justification letter. Visit the Recognition & Benefits webpage for more perks of becoming a CFAA.

Fee Type


Application (waived for 2019-20)

$50*  $0



CFAA Exam Retake




Inactive Status




*The Application Fee is waived for 2019-20.

The following information relates to the fees associated with CFAA Program:

  • All fees are nonrefundable.
  • A candidate who does not pass the CFAA Exam on the first attempt may request approval to retake the CFAA Exam and pay the CFAA Exam Retake fee, which cannot be taken within the same testing window.
  • Only one CFAA Exam Retake is allowed within the exam eligibility period, which is one year from the date the candidate’s initial application was approved.
  • The CFAA Exam may be attempted only twice within a 12-month period.
  • The recertification fee applies to CFAA holders who renew the designation before the holder’s three-year CFAA designation period expires.
  • If a CFAA becomes inactive, the recertification fee would not be required; instead the Inactive Status fee and Reactivation fees will apply.
  • The candidate must start the application process over again if the CFAA Exam is not taken within the candidate’s one-year exam eligibility period, if the candidate does not pass the CFAA Exam Retake, or if the CFAA holder does not recertify or is not placed on Inactive Status before the three-year CFAA designation period expires.
  • Fees are subject to change.

Check Your Eligibility | Apply Now

Take advantage of our waived application fee and apply today!

Publication Date: 8/27/2019

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