CFA Level 1 May 2027 Registration Dates, Deadlines & Fees

When is CFA Level 1 May 2027 registration?

Registration for the May 2027 CFA Level I exam opened 12 August 2026 and closes 10 February 2027 at 11:59 PM ET. The fee is the USD 1,490 standard fee, because the USD 1,140 early fee closed on 14 October 2026. Schedule your test appointment by 16 February 2027. The exam window is 11–17 May 2027. Source: CFA Institute dates & fees, checked 31 Oct 2026.

Compare every window in our CFA Level 1 exam dates guide, and budget with the CFA Level 1 fees guide.

Registration window: 12 Aug 2026 – 10 Feb 2027
Scheduling deadline: 16 Feb 2027
Rescheduling deadline: 30 Apr 2027
Exam window: 11–17 May 2027
Fee: USD 1,490 (standard); no enrollment fee

May 2027 Level I timeline

Every date CFA Institute lists for the May 2027 Level I window:

Source: CFA Institute dates & fees, Level I, May 2027. All deadlines are 11:59 PM ET.
Date	What happens
12 Aug 2026	Registration and scheduling opened
14 Oct 2026	Early registration deadline (USD 1,140) — passed
1 Jan 2027	Invoice payment deadline
10 Feb 2027	Registration closes (USD 1,490 standard)
16 Feb 2027	Scheduling deadline
17 Feb 2027	Disability accommodations request deadline
30 Apr 2027	Rescheduling deadline
11–17 May 2027	Exam window

Registration pays for the window; scheduling books your day and time inside it. Do both before the deadlines above.

What May 2027 costs

Level I registration for May 2027 is USD 1,490, plus any local taxes. There is no enrollment fee, and moving your appointment within the window costs USD 250. Fees for a missed exam are nonrefundable, non-deferrable, and non-transferable.

Want the USD 1,140 early fee? August 2027 is the only 2027 window with an early deadline still ahead: 20 January 2027.

Practice is separate from registration. Free Mock 1 costs nothing, and all 8 mocks are $19/month or $99 lifetime.

Is May 2027 realistic for you?

From early November there are about 27 weeks to the May window. Many candidates plan around 300 study hours, which works out at roughly 11 hours a week. Start from our 300-hour study plan and adjust it to your background.

Before you pay, sit free Mock 1 to see where you stand. A timed baseline tells you more than a guess about how many weeks you need.

Frequently asked questions

When does CFA Level 1 May 2027 registration close?

10 February 2027 at 11:59 PM ET. Confirm it on CFA Institute’s dates & fees page before you pay.

How much does the May 2027 Level 1 exam cost?

USD 1,490, the standard registration fee, plus any local taxes. There is no enrollment fee.

Can I still get the USD 1,140 early fee for May 2027?

No. That deadline passed on 14 October 2026. The next early deadline is 20 January 2027, for the August 2027 window.

I missed February 2027. Is May the next option?

Yes. Once February 2027 registration closes on 5 November 2026, May 2027 is the next Level I window you can register for.

Is this site affiliated with CFA Institute?

No. This is an independent practice site. Register, pay, and schedule only through CFA Institute.

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