The Actuarial Diversity Scholarship for high school seniors and college students promotes diversity within the actuary profession through an annual scholarship program for Black/African American, Hispanic, Native American students. An “Actuary” is a business professional who analyzes the financial consequences of risk. Actuaries use mathematics, statistics, and financial theory to study uncertain future events, and work for insurance companies, government, hospitals, banks and other business tracks.
Scholarship Eligibility:
– Intent on pursuing a career in the actuarial profession
– Must have at least one birth parent from one of the following minority groups: Black/African American, Hispanic, Native American
– Will be a full-time undergraduate student at a U.S. accredited educational institution in 2015-2016
– Has a minimum GPA of 3.0 (on a 4.0 scale), emphasis on math or actuarial courses
– Entering college freshmen must have a minimum ACT math score of 28 or SAT math score of 600
Awards:
$1,000 — high school senior applying for freshman year
$2,000 — college freshman applying for sophomore year
$3,000 — college sophomore applying for junior year
$4,000 — college junior applying for senior year
The award will be divided to cover multiple semesters or other terms comprising the academic year. Recipients attending school for a portion of the upcoming year (e.g., one semester) will receive the corresponding portion of a full year scholarship amount.
Each eligible scholarship applicant, whether or not a scholarship is awarded, may request an actuarial mentor as a personal resource to answer questions about the actuarial field, actuarial exams and to offer assistance in pursuit of a career in the actuarial profession.
Application opens: January 1, 2015
Application Deadline: May 1, 2015
For more information and to apply, please visit http://www.actuarialfoundation.org/programs/actuarial/act-diversity.shtml