Analytics Magazine Analytics Magazine, January/February 2014 | Page 92

The following fees are currently approved for the CAP® program: Application fee (waived for INFORMS members) $100 Exam fee: INFORMS membersa $495 Exam fee: Nonmembers $595 Annual maintenance fee $100, payable beginning 4th year of certification Member reexamination feeb $300 Nonmember reexamination feeb $400 Hand-scoring fee $75 Processing fee on approved refunds $100 Appeals processing fee $150 Applicants must be a member of INFORMS in good standing at the time of application to receive the member discount and avoid application fee. No refunds will be granted for applicants joining INFORMS after submission of certification application materials. a Reexamination fees apply to second and third attempts to pass the CAP® examination within the first year of submitting an approved application. See the section titled “Reexamination” for more details. b Scheduling an Examination Once an application is accepted and exam fee paid, applicants may choose an examination site. INFORMS certification staff will send written confirmation of the scheduled examination date, time, and site. The certification website lists updated information on additional examination sites as they become available. Cancellation of an Examination Should the need arise to cancel a scheduled CAP® examination, candidates must notify INFORMS certification staff at least ten (10) business days prior to the scheduled examination date. Candidates who contact INFORMS more than ten (10) business days prior to the examination date will have their examination rescheduled at no additional cost. Refunds may be provided in some circumstances less a $100 processing fee. Candidates who cancel their examination less than 10 business days before their examination will not receive a refund and will be required