What is the ACCA Annual Subscription Fee?
ACCA annually charges a Fee to students, affiliates, and members. The amount charged is different for each. For students, as of 2021, the standard annual subscription Fee is 112 British Pounds, and the reduced annual subscription Fee as of 2021 is 58 British Pounds.
Standard Annual Subscription Fee is for existing ACCA students and Reduced Annual Subscription Fee is for newly registered ACCA students. New ACCA students get a reduction in their annual subscription fee for the first year.
If for some reason, your ACCA registration has been dismissed, an additional 89 Pound Fee is payable to re-register as a student.
Annual Subscription Fee for Affiliates
Subscription Fee is 129 British Pounds for ACCA Affiliates and is payable for up to 3 years after you gain the Affiliate Status. If an Affiliate holds their status for 3 years, the fee is increased to 258 British Pounds per annum.
If the status of an affiliate is removed, an additional 58 Pound Fee is payable to regain their status.
Annual Subscription Fee for ACCA Members
Admission to membership costs 129 Pounds and recurring annual fee is 258 Pounds. There are 2 types of reductions available to ACCA Members.
Extended Leave Subscription: 58 Pounds under certain circumstances.
Subscription Assistance: 129 Pounds under certain circumstances.
To find out which one is applicable to you, you should enquire at ACCA Global.
Please note that the Annual Fee may vary with your location. Check out the Regional Fee details on ACCA Global.
When to pay your Annual Subscription Fee?
ACCA debits your myacca account every year at the end of November and as per their email, should be paid before 1st January. If you don’t pay the fee before 1st Jan, ACCA might suspend your account and you will not be able to opt for further papers unless you pay the penalty (Re-registration Fee), which is 89 Pounds as per 2021.
However, I’ve had instances where I did not pay the Fee timely and didn’t get my account blocked, but, I’ve heard terrible stories of account suspensions. Therefore, I recommend you pay your ACCA Annual Subscription Fee timely to avoid such happenings.
How to Pay
ACCA accepts the following payment options:
- Visa Card
- Master Card
- Union Pay
- Paypal
- Alipay
- Pre-paid debit cards
*Both Credit and Debit cards are acceptable.
Normally, the moment you pay your subscription fee, you will be able to see the effect in your account but for the sake of technological errors, ACCA has given a transitionary period of 48 hours. If you don’t see the effect in your account after 48 hours and your balance has been deducted, you should immediately contact ACCA by phone or email.
Bank Transfer: You can also make a direct bank transfer using your ACCA registration number as reference. Check the ACCA Bank Transfer Account Details.
Can I pay my Annual Subscription Fee in installments?
Yes, you can pay the ACCA Annual Fee in installments which is great for students who cannot afford to pay the full amount at once. Check out this video to see how the ACCA installment plan works.
I hope this article has answered some of your questions. If you have any question regarding the ACCA Annual Fee or any other matter, feel free to contact me at hi@economicgrapevine.com.
