Can I study Level 2 myself then apply to say BBP for Level 3 without taking the exam?

I've read quite a bit on this forum and many have said they studied for level 2 themselves and then paid to sit the level 2 exam. Is this required to ultimately achieve level 4? Can I study Level 2 with books/resources and apply for Level 3 off the bat? I can't afford the level 2 qualification at the moment but 3 & 4 can funded. Any advise sincerely appreciated.

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