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Thread: Can I take FAP in University?

  1. #1
    Actuary.com - Level II Poster
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    Can I take FAP in University?

    In the past, we can take Course 5, 6 without an FSA.
    But now, if we want to take FAP exam, we need to find a FSA first.
    If we are students, can we just find a professor for us?

  2. #2
    Actuary.com - Level II Poster
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    Well... Yes... I think you answered your own question mon ami.

    And why on earth would you want to start the FAP modules. They cost 2100 US dollars. Would you happen to have this cash lying around?

  3. #3
    Actuary.com - Level VI Poster
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    Quote Originally Posted by WillemEX5 View Post
    Well... Yes... I think you answered your own question mon ami.

    And why on earth would you want to start the FAP modules. They cost 2100 US dollars. Would you happen to have this cash lying around?
    And that's without the required texts you'll have to purchase. Add on another $300-600 for that.

    Yes, you can begin the modules when you're in college. You have a 2-year time limit to complete all 8 modules and the exams/assessments associated with them.

    I'm not sure how flexible they are on allowing professors instead of FSAs to proctor the FAP exams. You could use the assistance of the SOA directory to help you find an FSA.

  4. #4
    Actuary.com - Newbie Poster
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    Quote Originally Posted by WillemEX5 View Post
    Well... Yes... I think you answered your own question mon ami.

    And why on earth would you want to start the FAP modules. They cost 2100 US dollars. Would you happen to have this cash lying around?
    But we have to complete the FAP modules anyway...

    Time is relatively sufficient in school...

  5. #5
    Actuary.com - Newbie Poster
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    I am a student and planning to take FAP also...I thought FSA is not needed for registration and interim assessment...?:QuestionMark:

  6. #6
    Actuary.com - Level IV Poster
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    I went to the soa.org, registered, and then added the fap module to the cart, and it said it was only 300.00? is that correct?

  7. #7
    Actuary.com - Level V Poster
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    Quote Originally Posted by mandersonjr View Post
    I went to the soa.org, registered, and then added the fap module to the cart, and it said it was only 300.00? is that correct?
    It seems clear to me that they kept chaning the fee structure, but the total payment for modules, interim and final assessments stays the same: $2,100. (Assuming no retake: add $500 for each retake.)

    The current official (SOA) site shows:

    module 1-8 = $300
    interim assessment = $600
    final assessment = $1,200
    (retake of each assessment = $500)

    Hope this helps.

    ctperng

  8. #8
    Actuary.com - Level IV Poster
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    thanks, and yes that does help. It seems like the soa is making a killer off all these high test and module fees.

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