COVID-19 Update: To help students through this crisis, The Princeton Review will continue our "Enroll with Confidence" refund policies. For full details, please click here.

CFA Pass Assurance
Terms and Conditions


LEVEL I CFA ESSENTIAL WITH PASS ASSURANCE,
LEVEL II CFA ESSENTIAL WITH PASS ASSURANCE, AND
LEVEL III CFA ESSENTIAL WITH PASS ASSURANCE

If you do not pass the test

If you did not pass the official exam after you completed your program for the same exam and other requirements of the pass assurance are met, then we will refund your tuition.

Work you must do

Before your official test date, you must either:

  • Complete the Qualifying Mock Exam (both the “Morning” and “Afternoon” components) in your Online Student Dashboard and achieve a passing score on your first attempt. Only a Qualifying Mock Exam taken in one sitting while observing official time limits for all sections and breaks will be counted as fulfilling this requirement. If you provide us with documentation showing that the organization administering the test has granted you extended testing time as an accommodation, then you may have such extended testing time for your Qualifying Mock Exam. In addition, only an exam for which you have a score report in your Online Student Dashboard (such as by your completion of the exam in your Online Student Dashboard, your entry of the answers for the exam taken with pencil and paper into your Online Student Dashboard, or our collection of your answers for the exam taken with pencil and paper and entering them into your Online Student Dashboard) will be counted as fulfilling this requirement.
    OR
  • Watch all lecture videos and resource videos in your Online Student Dashboard, complete all Reading drill questions (in your Online Student Dashboard, and complete all mock exams in your Online Student Dashboard (and for the Level II CFA Essential with Pass Assurance program, complete all Item Set drill questions in your Online Student Dashboard, and for the Level III CFA Essential with Pass Assurance program, complete all the essay questions in your Online Student Dashboard). Only mock exams taken in one sitting while observing official time limits for all sections and breaks will be counted as fulfilling this requirement. If you provide us with documentation showing that the organization administering the test has granted you extended testing time as an accommodation, then you may have such extended testing time for your mock exams. In addition, only exams for which you have score reports in your Online Student Dashboard (such as by your completion of exams in your Online Student Dashboard, your entry of the answers for exams taken with pencil and paper into your Online Student Dashboard, or our collection of your answers for exams taken with pencil and paper and entering them into your Online Student Dashboard) will be counted as fulfilling this requirement.

Time frame for taking the official test

You must take the official test for which your program is designed to prepare you at least 45 days after the start of your Online Student Dashboard access for the program but by the expiration of your access to the Online Student Dashboard. If you registered for an official test that was to be administered within the required time frame but it was canceled, you must take the next official test that is available (unless the next official test available to you is more than 90 days after the expiration of your access to the Online Student Dashboard, in which case you will need to contact us for assistance).

Time frame for submitting a pass assurance request form

You must submit an electronic copy of your official score report along with your pass assurance request form within 60 days after your official test date. The pass assurance request form is available here .

Other details

You can only use the pass assurance on the first program you take with us for a specific test, even if a later program is a different type of program for the same test, the later program is a paid purchase, or you did not invoke the pass assurance or any other guarantee for the first program. Please also see the General Pass Assurance Terms below.

LEVEL I CFA LIVEONLINE ULTIMATE WITH PASS ASSURANCE

If you do not pass the test

If you did not pass the official Level I CFA exam after you completed your program and other requirements of the pass assurance are met, then we will refund your tuition.

Work you must do

Before your official test date, you must either:

  • Complete the Qualifying Mock Exam (both the “Morning” and “Afternoon” components) in your Online Student Dashboard and achieve a passing score on your first attempt. Only a Qualifying Mock Exam taken in one sitting while observing official time limits for all sections and breaks will be counted as fulfilling this requirement. If you provide us with documentation showing that the organization administering the test has granted you extended testing time as an accommodation, then you may have such extended testing time for your Qualifying Mock Exam. In addition, only an exam for which you have a score report in your Online Student Dashboard (such as by your completion of the exam in your Online Student Dashboard, your entry of the answers for the exam taken with pencil and paper into your Online Student Dashboard, or our collection of your answers for the exam taken with pencil and paper and entering them into your Online Student Dashboard) will be counted as fulfilling this requirement.
    OR
  • Attend all scheduled class sessions, watch all lecture videos and resource videos in your Online Student Dashboard, complete all Reading drill questions in your Online Student Dashboard, and complete all mock exams in your Online Student Dashboard. Only mock exams taken in one sitting while observing official time limits for all sections and breaks will be counted as fulfilling this requirement. If you provide us with documentation showing that the organization administering the test has granted you extended testing time as an accommodation, then you may have such extended testing time for your mock exams. In addition, only exams for which you have score reports in your Online Student Dashboard (such as by your completion of exams in your Online Student Dashboard, your entry of the answers for exams taken with pencil and paper into your Online Student Dashboard, or our collection of your answers for exams taken with pencil and paper and entering them into your Online Student Dashboard) will be counted as fulfilling this requirement.

Time frame for taking the official test

You must take the official Level I CFA exam on or before the recommended test date for your course that we posted on our website at the time of your enrollment. If you registered for an official test that was to be administered within the required time frame but it was canceled, you must take the next official test that is available (unless the next official test available to you is more than 90 days after the end of your course, in which case you will need to contact us for assistance).

Time frame for submitting a pass assurance request form

You must submit an electronic copy of your official score report along with your pass assurance request form within 60 days after your official test date. The pass assurance request form is available here .

Other details

You can only use the pass assurance on the first program you take with us for a specific test, even if a later program is a different type of program for the same test, the later program is a paid purchase, or you did not invoke the pass assurance or any other guarantee for the first program. Please also see the General Pass Assurance Terms below.

LEVEL I CFA LIVEONLINE TUTORING WITH PASS ASSURANCE

If you do not pass the test

If you did not pass the official exam after you completed your program for the same exam and other requirements of the pass assurance are met, then we will refund your tuition.

Work you must do

Before your official test date, you must either:

  • Complete the Qualifying Mock Exam (both the “Morning” and “Afternoon” components) in your Online Student Dashboard and achieve a passing score on your first attempt. Only a Qualifying Mock Exam taken in one sitting while observing official time limits for all sections and breaks will be counted as fulfilling this requirement. If you provide us with documentation showing that the organization administering the test has granted you extended testing time as an accommodation, then you may have such extended testing time for your Qualifying Mock Exam. In addition, only an exam for which you have a score report in your Online Student Dashboard (such as by your completion of the exam in your Online Student Dashboard, your entry of the answers for the exam taken with pencil and paper into your Online Student Dashboard, or our collection of your answers for the exam taken with pencil and paper and entering them into your Online Student Dashboard) will be counted as fulfilling this requirement.
    OR
  • Complete a minimum of 14 tutoring hours, with the first session starting at least 45 days before your official test date, watch all lecture videos and resource videos in your Online Student Dashboard, complete all Reading drill questions in your Online Student Dashboard, and complete all mock exams in your Online Student Dashboard. Only mock exams taken in one sitting while observing official time limits for all sections and breaks will be counted as fulfilling this requirement. If you provide us with documentation showing that the organization administering the test has granted you extended testing time as an accommodation, then you may have such extended testing time for your mock exams. In addition, only exams for which you have score reports in your Online Student Dashboard (such as by your completion of exams in your Online Student Dashboard, your entry of the answers for exams taken with pencil and paper into your Online Student Dashboard, or our collection of your answers for exams taken with pencil and paper and entering them into your Online Student Dashboard) will be counted as fulfilling this requirement.

Time frame for taking the official test

You must take the official Level I CFA exam on or before the recommended test date for your course that we posted on our website at the time of your enrollment. If you registered for an official test that was to be administered within the required time frame but it was canceled, you must take the next official test that is available (unless the next official test available to you is more than 90 days after the end of your course, in which case you will need to contact us for assistance).

Time frame for submitting a pass assurance request form

You must submit an electronic copy of your official score report along with your pass assurance request form within 60 days after your official test date. The pass assurance request form is available here .

Other details

You can only use the pass assurance on the first program you take with us for a specific test, even if a later program is a different type of program for the same test, the later program is a paid purchase, or you did not invoke the pass assurance or any other guarantee for the first program. Please also see the General Pass Assurance Terms below.

General Pass Assurance Terms

To be eligible for the pass assurance offered by TPR Education, LLC d/b/a The Princeton Review (“TPR,” “we,” “us,” “our”), you must be enrolled in an eligible program (as listed on this page) which you have paid in full. For clarity, you are not eligible for the pass assurance if your enrollment in an eligible program was paid for in whole or in part by an organization or government entity, including but not limited to schools, school districts, colleges, universities, student organizations, non-profit entities, and businesses.

You can use our pass assurance only once per paid purchase. For example, if you choose to repeat the program under our satisfaction guarantee, you will no longer be eligible for the pass assurance.

We present the work you must to do to benefit fully from your program in several ways: through communication from staff, including teachers, tutors and administrative staff; through the structure of our online and printed materials into lessons and homework; and through additional supplemental documents variously described as syllabi, student guides, etc. An important component of completing this work is for you to do it over a period and in a sequence that we have designed to maximize the results you can expect. It is your responsibility to consult the available resources and to contact us for any additional support you may require in understanding what is expected. We strive to be reasonably flexible in accommodating individual circumstances. However, we reserve the right to view a student as not having completed the work required to be eligible for this pass assurance should there be clear indication that actions were taken by the student to give the appearance of completion without regard for the timing or purpose of the work.

Periodically, the organizations that administer the tests referenced in these terms may choose to make changes in content, format, scoring scale, administration schedule, or other aspects of the tests that may affect the consideration of claims under this pass assurance. In such situations, we make every effort to be flexible to serve students and to communicate relevant updates or exceptions to these terms, but we reserve the right to make any adjustments to our pass assurance or any other guarantees necessary in such circumstances.

An electronic copy of your official score report should be a sharable electronic document provided by the organization administering the official test, where possible. Where such a sharable document is not provided by the organization administering the official test, you may submit a reasonable substitute such as an electronic copy of a screen captured image of an online system used by the organization administering the official test to communicate your results to you.

This pass assurance applies to U.S. and Canada customers only.

We reserve the right to update this pass assurance at any time.

To speak with one of our representatives about pass assurance, call 1-800-2REVIEW.

Effective Date: August 23, 2022