If you fail a CFP exam course, don't be discouraged. Identify your weak areas and focus on improving them before attempting the exam again. Keep in mind that you have a lifetime maximum of 5 attempts. Also, you can give the exam a maximum of 3 times within a 24-month period. If you attempt it consecutively three times, you'll need to wait for a 1-year sit-out period (3 exam cycles) before registering for another attempt.