Exam and e-Learning Module Fees
Updated January 21, 2025
This page outlines the cost structure associated with SOA exams and modules. Fees listed below are subject to change. All amounts are in U.S. dollars.
Learn more about:
- ASA Fees
View exam and module fees for preliminary (ASA) exams. - FSA Fees
View exam and module fees for fellowship (FSA) exams. - Additional Fee Information
View information about currency, payment methods, and financial assistance.
ASA Exams and Modules
The fees for the preliminary (ASA) exams include electronic access to the required study notes.
Exam or e-Learning Module |
Fee (USD) |
---|---|
$ 90.00 |
|
$ 270.00 |
|
$ 270.00 |
|
$ 220.00 |
|
$ 400.00 |
|
$ 490.00 |
|
$ 490.00 |
|
$ 350.00 |
|
$ 220.00 |
|
$ 1,210.00 |
|
$ 1,230.00 |
|
Fundamentals of Actuarial Practice (FAP) Modules and End-of-Module Assessments (EMAs) |
$ 540.00 |
Fundamentals of Actuarial Practice (FAP) Final Assessment (FA) |
$ 1,290.00 |
$ 645.00 |
|
$ 830.00 |
FSA Exams and Modules
Spring 2025
Study notes for the FSA examinations are not included in exam fees and must be purchased separately.
Exam or e-Learning Module |
Fee (USD) |
---|---|
All Tracks |
|
$ 330.00 |
|
$ 2260.00 |
|
$ 2895.00 |
|
Corporate Finance and ERM (CFE) Track |
|
$ 330.00 |
|
$ 1015.00 |
|
$ 330.00 |
|
$ 1,290.00 |
|
$ 1,290.00 |
|
$ 330.00 |
|
Quantitative Finance and Investment (QFI) Track |
|
$ 330.00 |
|
$ 330.00 |
|
$ 330.00 |
|
Quantitative Finance and Investment Quantitative Finance (QFIQF) Exam |
$ 1,290.00 |
Quantitative Finance and Investment Portfolio Management (QFIPM) Exam |
$ 1,290.00 |
Quantitative Finance and Investment Investment Risk Management (QFIIRM) Exam |
$ 525.00 |
Individual Life and Annuities (ILA) Track |
|
$ 330.00 |
|
$ 330.00 |
|
$ 330.00 |
|
$ 1,290.00 |
|
Life Financial Management (ILALFMU/C) Exam – U.S. and Canada |
$ 1,290.00 |
$ 525.00 |
|
Retirement Benefits (RET) Track |
|
$ 330.00 |
|
$ 1,290.00 |
|
$ 390.00 |
|
$ 390.00 |
|
$ 1,290.00 |
|
$ 330.00 |
|
Retirement Plan Investment and Risk Management (RETRPIRM) Exam |
$ 525.00 |
$ 330.00 |
|
Group and Health (GH) Track |
|
$ 330.00 |
|
$ 330.00 |
|
$ 1,290.00 |
|
Group and Health Valuation and Regulation (GHVRU/C) Exam – U.S. and Canada |
$ 1,290.00 |
$ 525.00 |
|
$ 330.00 |
|
General Insurance (GI) Track |
|
$ 350.00 |
|
$ 1,290.00 |
|
$ 1,290.00 |
|
$ 330.00 |
|
$ 330.00 |
|
$ 330.00 |
|
$ 525.00 |
FSA Exams and Modules
Fall 2025
Study notes for the FSA examinations are not included in exam fees and must be purchased separately.
Exam or e-Learning Module |
Fee (USD) |
---|---|
Corporate Finance and ERM (CFE) Track |
|
Enterprise Risk Management (ERM) Module |
$ 330.00 |
Advanced Topics in CFE Module |
$ 330.00 |
Introduction to CFE Module |
$ 330.00 |
Enterprise Risk Management (CFE101) Exam |
$ 1,150.00 |
Corporate Finance (CFE201) Exam |
$ 1,150.00 |
Investment (INV) Track |
|
Enterprise Risk Management (ERM) Module |
$ 330.00 |
Financial Modeling Module |
$ 330.00 |
Scenario Modeling Module |
$ 330.00 |
Portfolio Management (INV101) Exam |
$ 1,150.00 |
Quantitative Finance (INV201) Exam |
$ 1,150.00 |
Individual Life and Annuities (ILA) Track |
|
Introduction to ILA Module |
$ 330.00 |
Regulation & Taxation Module |
$ 330.00 |
Enterprise Risk Management (ERM) Module |
$ 330.00 |
Pricing and Introduction to Valuation and Risk Management (ILA101) Exam |
$ 1,150.00 |
Valuation and Advanced Product and Risk Management, U.S.(ILA201U) Exam |
$ 1,150.00 |
Valuation and Advanced Product and Risk Management, International (ILA201I) Exam |
$ 1,150.00 |
Retirement Benefits (RET) Track |
|
Social Insurance Module |
$ 330.00 |
Enterprise Risk Management (ERM) Module |
$ 330.00 |
Pension Projections Module |
$ 330.00 |
Retirement Plan Design (RET101) Exam |
$ 1,150.00 |
Retirement Plan Valuation (RET201) Exam |
$ 1,150.00 |
Pension Regulation in Canada (RET301) Exam |
$ 1,150.00 |
Enrolled Actuaries Examination (EA-2 Segment F) |
$ 390.00 |
Group and Health Insurance (GH) Track |
|
Health Economics Module |
$ 330.00 |
Health Foundations Module |
$ 330.00 |
Enterprise Risk Management (ERM) Module |
$ 330.00 |
Benefits and Pricing (GH101) Exam |
$ 1,150.00 |
Valuation and Regulation, U.S. (GH201U) Exam |
$ 1,150.00 |
Valuation and Regulation, Canada (GH201C) Exam |
$ 1,150.00 |
Health Analytics and Management (GH301) Exam |
$ 1,150.00 |
General Insurance (GI) Track |
|
Enterprise Risk Management (ERM) Module |
$ 330.00 |
Financial Economics, Regulation, and Law Module |
$ 330.00 |
General Insurance Applications Module |
$ 330.00 |
Ratemaking and Reserving (GI101) Exam |
$ 1,150.00 |
Financial, Regulatory, and Legal (GI201) Exam |
$ 1,150.00 |
Further Topics in General Insurance (GI301) Exam |
$ 1,150.00 |
General Insurance in the U.S. (GI302) Exam |
$ 1,150.00 |
Cross Practice Exams - All New Exams No Previous Corresponding Exams |
|
Strategic Management (CP311) Exam |
$ 1,150.00 |
Model Development and Governance (CP312) Exam |
$ 1,150.00 |
Disability, Long-Term Care, and Long-Duration Health Contracts (CP321) Exam |
$ 1,150.00 |
Advanced Life Reinsurance (CP341) Exam |
$ 1,150.00 |
Asset Liability Management (CP351) Exam |
$ 1,150.00 |
Additional Fee Information
All fees listed are subject to change.
Reduced exam fees, exam reimbursement, and scholarship opportunities are available to eligible candidates.
Fees should be remitted in U.S. funds (or equivalent) by check, money order, American Express, MasterCard or Visa. Please note that payment in non-U.S. currency may slightly delay the processing of the application. All outstanding exam fees and administrative fees must be paid in full prior to enrollment in future exams.