Fee Discount Schemes

Currently, there are two Fee Discount Schemes available for NCFM candidates:




1. Fee Discount Scheme of October 01, 2009 (FDS_Oct'09)

2. Fee Discount Scheme of April 01, 2010 (FDS_Apr'10)

• The discount schemes are applicable to select NCFM modules.

• Both the schemes are running parallely.

• The eligibility conditions and period over which discount is available are different for different schemes:

The candidates who have become eligible under Fee Discount Scheme of October 01, 2009, will continue to get 50% fee discount till September 30, 2010 for tests in specified modules.

Similarly, the candidates who have become eligible under Fee Discount Scheme of April 01, 2010, will continue to get 50% fee discount till March 31, 2011 for tests in specified modules.





The details of the two discount schemes are



Fee Discount Scheme of October 01, 2009 Fee Discount Scheme of April 01, 2010

Total Scheme Period From 01-Oct-2009 to 30-Sep-2010
From 01-Apr-2010 to 31-Mar-2011

Qualifying Period* From 01-Oct-2009 to 31-Mar-2010
From 01-Apr-2010 to 30-Sep-2010

Minimum no. of tests to be appeared with full fees

to become eligible for 50%

fee discount for subsequent attempts 2 tests 3 tests

Discount up to 30-Sep-2010 31-Mar-2011

Qualifying Modules Fee Discount Scheme of October 01, 2009

Fee Discount Scheme of April 01, 2010




*Time period in which mini. no. of tests with full fees to be appeared to become eligible for discount for subsequent tests.



**Please note that enrollments (i.e. seat booking) done prior to dates mentioned in 'Effective from' column in the table, would require full payment of fees irrespective of test date. For instance, a candidate who has done enrollment (seat booking) for Currency Derivative: A Beginner's Module on 10-Mar-2010 for test date of 22-Apr-2010, would NOT be eligible for 50% fee discount as 'Currency Derivative: A Beginner's Module' became 'Qualifying Module' for Fee Discount Schemes, effective from 1-Apr-2010.