Introduction
If you’re thinking about pursuing a Project Management Professional (PMP) certification, one of the things you’ll need to consider is the application fee. In this article, we’ll take a closer look at the PMP application fee, including how much it costs, what it covers, and how to pay it.
How Much Does the PMP Application Fee Cost?
The PMP application fee varies depending on whether you are a member of the Project Management Institute (PMI) or not. As of 2023, the fee for PMI members is $405, while the fee for non-members is $555.
What Does the PMP Application Fee Cover?
The PMP application fee covers the cost of reviewing and processing your application, as well as your first attempt at the PMP exam. If you need to retake the exam, you’ll need to pay an additional fee.
How Do I Pay the PMP Application Fee?
You can pay the PMP application fee online using a credit card or debit card. You can also pay by check or money order, but this will delay the processing of your application.
Are There Any Discounts Available for the PMP Application Fee?
Yes, there are discounts available for the PMP application fee. If you are a student, you may be eligible for a discount of up to 50% off the non-member fee. Military personnel may also be eligible for a discount.
What Happens If My PMP Application Is Rejected?
If your PMP application is rejected, you will have the opportunity to correct any deficiencies and resubmit your application. However, you will need to pay the application fee again.
Can I Get a Refund If I Decide Not to Pursue the PMP Certification?
If you decide not to pursue the PMP certification after submitting your application and paying the fee, you may be eligible for a refund. However, the amount of the refund will depend on when you request it. If you request a refund within 30 days of submitting your application, you will receive a full refund. After 30 days, the refund amount will be prorated based on the amount of work that has been completed on your application.
Conclusion
The PMP application fee is an important consideration for anyone thinking about pursuing a PMP certification. By understanding how much it costs, what it covers, and how to pay it, you can make an informed decision about whether the PMP certification is right for you.
Q&A
Q: Do I have to pay the PMP application fee every time I take the exam?
A: No, you only need to pay the application fee once. If you need to retake the exam, you’ll need to pay an additional fee, but you won’t need to pay the application fee again.
Q: How long does it take to process a PMP application?
A: The processing time for a PMP application can vary, but it usually takes between 5-10 business days. However, if your application is selected for an audit, the processing time will be longer.
Q: Can I pay the PMP application fee in installments?
A: No, the PMP application fee must be paid in full at the time of application.
Q: Is the PMP application fee tax deductible?
A: It depends on your individual tax situation. You should consult with a tax professional to determine if the PMP application fee is tax deductible for you.
