The Actuarial Foundation promotes diversity through its annual Scholarship Program for Black/African American, Hispanic, Native North American, and Pacific Islander students. The program is open to entering college freshmen and a full-time undergraduate student who is studying at a U.S. accredited educational institution.The scholarship award recognizes and encourages the academic achievements of full-time undergraduate students pursuing a degree that may lead to a career in the actuarial profession.The Actuarial Foundation will award a total of $10,000 for its Actuarial Diversity scholarship.
The Actuarial Foundation, a 501(c)(3) organization, was established in 1994 to help facilitate and broaden the profession’s contribution to society. The Foundation explores innovative ways to apply actuarial skills in the public interest.
Eligibility:
- Intent on pursuing a career in the actuarial profession
- Must have at least one birth parent who is a member of one of the following minority groups: Black/African American, Hispanic, Native North American, Pacific Islander
- Will be a full-time undergraduate student at a U.S. accredited educational institution
- 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
How to Apply:
To apply for the scholarship, the candidate may create an account through the given link: https://actfnd.academicworks.com/opportunities/109
Supporting Documents:
- Entering sophomores only: Upload a high school transcript
- Entering freshman only: Upload a copy of your official SAT or ACT Score Report
- Entering freshman only: Upload a copy of your official AP Score Report
- Indicate which of your college courses are from credits you received from your AP exams.
- Supplemental Questions- Have you previously been awarded an Actuarial Diversity Scholarship?
Financial Aid and Award Money:
- $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; and
- $4,000 – college junior applying for senior year
- The award will be divided to cover multiple semesters or other terms comprising the academic year. All scholarship awards are made payable to the U.S. accredited educational institution. 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.
Application Deadline:
The application deadline is May 1, 2017.
Link for More Information:
http://www.actuarialfoundation.org/programs/actuarial/act-diversity.shtml
Contact Information:
For additional information, contact The Actuarial Foundation at Scholarships-at-ActFnd.org.
