Heartland Chapter ACFE

CFE EXAM SCHOLARSHIP REQUIREMENTS

DENNIS CARROLL CFE EXAM SCHOLARSHIP

General:

The Heartland Chapter will offer scholarships (cost of study materials and exam) for eligible chapter members to study and sit for the Certified Fraud Examiners (CFE) exam. Winner(s) will be announced at the September 11, 2018 chapter meeting.

Eligibility Criteria:

All requirements must be met in order for the candidate to be considered for the scholarship.  Candidate is currently and has been a Heartland Chapter member for at least one year and is in good standing with the ACFE as an Associate member (paid national annual dues)  Candidate must have at least two years of professional experience in a fraud related profession  Candidate must have a four year college degree or comparable professional experience in order to be eligible to sit for the exam and be awarded this scholarship, as noted by the national ACFE requirements  Candidate must sign a legal agreement whereby they will agree that, upon passing the CFE exam, the person shall serve either in an elected position for the Heartland Chapter’s board of directors or as a committee volunteer for a term of no less than two years and within the first three years after passing the exam. If for ANY reason, other than a move out of the area of Nebraska, Iowa, or South Dakota or North Dakota, -hereinafter known as the “Heartland Chapter area”, the recipient is unable to fulfill this requirement upon passing the exam, a full refund of the cost study materials and the exam shall be reimbursed by the candidate to the Heartland Chapter ACFE.  The Heartland Chapter will purchase computerized study materials and provide them to the candidate. Study materials will be returned to the Heartland Chapter no later than thirty (30) days after passing, failing, or at the end of the one year period allowed for taking the exam.  When the recipient notifies the Heartland Chapter that (s)he is ready to take the exam, the Heartland Chapter will remit to Nationals for the exam (one time). Failure to pass all four parts of the exam the first time will result in the candidate reimbursing the Heartland Chapter for the cost of the exam only.  Any additional times the CFE exam is taken will be at the cost of the recipient  The candidate will have up to one year to take and pass the CFE exam upon receiving the study materials. Failure to do so will require the recipient to reimburse the Heartland Chapter the full cost of the study materials.  The candidate will be required to provide the following: o Letter from employer stating candidate’s years of professional experience in fraud related profession o No more than a one page explanation of why they should be awarded the Heartland Chapter ACFE Dennis Carroll CFE exam scholarship COSTS (Paid by Chapter unless student does not pass within required time or does not fulfill chapter service agreement requirements):

 ACFE Exam Prep Course (CD Rom) ($945) and Exam Fee ($250) = Approx. $ 1,195

*The Agreement (CFE Exam Scholarship) contains the specific terms and conditions. A copy of this Agreement may be obtained by accessing the chapter website at www.Heartlandacfe.com. Should you have any questions please consult one of the Board of Directors or submit an email to the Chapter.