THE Royal College of Psychiatrists is to freeze membership examination fees for 2013 thanks to a cash surplus.
The RCPsych will also offer a 15 per cent reduction to registered affiliates and trainees after it was revealed the college made a surplus of £604,000 on fees for its 2011 membership examinations.
College dean Wendy Burn told BMJ Careers that fees for membership were not set with the intention of generating a profit. The 2011 surplus arose after more doctors than anticipated sat the exams.
The three written MRCPsych exams and the clinical assessment skills and competencies (CASC) cost a total of £2,120, which many trainees pay personally.
Dr Burn said the college would be reconsidering the timing of the budget cycle in order to avoid a similar problem in the future.