Actuary Scholarships for Actuarial Science

actuary scholarships
Actuary Scholarships for Actuarial Science Students

There are numerous actuary scholarships for acturial science students available to provide financial assistants to those in pursuit of a profession in the actuarial sciences.

An student who studies actuary science will be analyzing the financial consequences of risk through the use of mathematics, statistics, and financial theory to study uncertain future events.

This is very helpful in regards to insurance and pension programs. There are many places an actuary can work at such as banks, hospitals, investment companies, government agencies and many other firms needed to assess financial risk.

Numerous Actuary scholarships!

Actuaries have a high job satisfaction rating and are always rated in the first 10 of the top 250 best professsions to be in. They are in high demand, especially in the lest represented of minority groups with good starting salaries.

The Actuary of Tomorrow – Stuart A. Robertson Memorial Scholarship offers selected candidates scholarships worth $7,500. This scholarship is open for applications in January of 2013.

The DW Simpson Actuarial Science Scholarship Program offers two actuary scholarships. The application for the fall semester scholarship is April 30th, while the deadline for the spring semester scholarship is October 31st. The scholarships are one-time awards consisting of $1,000 each.

The Ezra Penland Actuarial scholarship is awarded with the purpose of locating and developing exceptional students involved in actuarial science. The award is worth $500. The deadline to apply for this scholarship is November 1, 2012.

Actuary college scholarships for PhD’s

The Society of Actuaries James C. Hickman Scholar program was established for the purpose of increasing the number of actuaries with a PhD.

The program is specifically designed to provide doctoral students with stipends and assist them in addressing educational needs and research through their studies.

The program is named for James C. Hickman, former dean of the University of Wisconsin-Madison School of Business.

Each stipend is typically $20,000 per academic year. Stipends can be renewed up to four times. The deadline to apply for this actuary scholarship is February 15th.

Actuarial science scholarships for minorities

The Actuarial Diversity Scholarship is given with the purpose of promoting diversity in actuarial sciences. The scholarship encourages Native North American, Hispanic, and Black/African American students to enter the actuarial profession.

Several levels are awarded.

At the incoming freshman level, one $1,000 scholarship is awarded. A $2,000 scholarship is awarded to a college freshman who is applying for their sophomore year or a sophomore who is applying for their junior year. A $3,000 scholarship is awarded to a college junior who is applying for their junior year or a senior who is applying for graduate school, or a continuing graduate student. Applications become available in January of 2013.

Actuarial scholarships from colleges

There are also actuary scholarships available at specific universities. The University of Connecticut Actuarial Diversity Scholarship is dedicated to helping students achieve their fullest potential.

Recipients of this scholarship program will receive a $5,000 award per year for four years while attending the University of Connecticut. The scholarship is open to Hispanic, African American and Native American high school seniors.

Colleges offering actary science scholarships

Ball State University offers an undergraduate actuarial science award of $500. Students must have passed course 1 or 2 of the Society of Actuaries examination to qualify.

Students of Ball University can also apply for the Swiss Re Actuarial Science Scholarship. Students must be entering their junior or senior year. The award is worth $2,000 and is supported by Swiss Re, a global reinsurer originally established in Zurich, Switzerland and now operating in dozens of countries around the world.

The Caribbean Actuarial Scholarship is offered by the University of the West Indies to students enrolled in an actuarial science program. One $1,500 scholarship is awarded to a student entering their second year of studies. One $2,500 scholarship is awarded to a student entering their third year of studies. Applications become available in January of 2013.

Drake University offers a $2,500 scholarship to a high school senior who has been accepted to the university with a declared actuarial science major. Applications become available in February. The scholarship is renewable for the student’s sophomore year.

The school also offers several other actuarial scholarships, including the CIGNA Foundation award. This award is comprised of a $1,500 scholarship for a sophomore student and two $1,500 awards for junior students.

EMC Companies provides four $2,000 awards to actuary students in their junior and senior years at Drake. The Floyd S. Harper award goes to sophomore students. Four or five awards of $500 each are typically awarded annually.

The Principal Financial Group sponsors a $20,000 award that is to be divided among two to four junior/senior students each year. The award may also include an internship for the academic year.

*High job satisfaction makes getting actuary scholarships all the more worth it considering how many people today display a dislike of their present job situation – 80%!

2 thoughts on “Actuary Scholarships for Actuarial Science”

  1. My name is Mr.N,T.workineh from Ethiopia I’m actuarial student in IFoA(London) but the cruel thing was that it’s a distance education and very expensive and i would like to ask you is there any scholarship who help me financially to learn Actuarial Science.
    Thank you in Advance

    1. Mr.N.T.Workineh,

      have you looked into bursaries from your country and London? If not you should look into both government bursary programs.

Leave a Reply

Actuary scholarships for actuarial science students!