Actuarial Foundation Scholarship Program 2019

Actuarial Foundation Scholarship Program 2019

We are very pleased to inform interested persons that applications are now open for the Actuarial Foundation Scholarship Program 2019.Stuart A. Robertson, FSA, MAAA (1918-2005) was a distinguished actuary who, along with Wendell Milliman, co-founded the actuarial and consulting firm Milliman & Robertson (now Milliman, Inc.). The Actuary of Tomorrow – Stuart A. Robertson Memorial Scholarship was established to honor his dedication to excellence and recognize his tremendously positive influence on the professional lives of many colleagues. The scholarship recognizes and encourages the academic achievements of undergraduate students pursuing a career in actuarial science.

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. Scholarships are non-renewable.

The Actuarial Foundation is the philanthropic organization for the actuarial industry in the United States. Since 1994, the Foundation has promoted lifelong math education and financial literacy through its learning resources and scholarships. The mission of the Foundation is to enhance math education and financial literacy through the talents and resources of actuaries. The Foundation’s vision is an educated public in pursuit of a secure financial future. Since 2004, The Actuarial Foundation has received unwavering support from the U.S. actuarial organizations. Their trust and dedication to the Foundation’s mission are key elements to the institution’s continued growth and success as the philanthropy for actuaries in the United States. The Actuarial Foundation ensures the future of the actuarial profession through its scholarships and reimbursement programs. Recipients of Foundation scholarships are selected by representatives of the actuarial profession, who may one day be their peers. So, not only are these scholarships a means to offset the cost of education, but they also serve as a prestigious recognition by a highly rated profession.

Value
The scholarship awards Up to $9,000.
The scholarship recognizes and encourages the academic achievements of undergraduate students pursuing a career in actuarial science.
The award will be divided to cover multiple semesters or other terms comprising the academic year.

Eligibility
Applicants must be full-time students at a U.S accredited educational institution, entering as a Sophomore, Junior or Senior.
Must have a minimum cumulative GPA of 3.0 (on 4.0 scale).
Must have successfully completed two actuarial exams.
Eligible Regions: Open for All

APPLICATION METHOD
Sign up using the link provided.

The following are supplemental questions:

How many actuarial exams applicant is planning to take in the Spring.
Personal Essay: (approximately 500 words, single-spaced and typed) “Why do you want to be an actuary? How have your work experiences prepared you for an actuarial career? What are the qualifications and abilities that have helped you succeed in college and will help you succeed in an actuarial career? What extracurricular activities have you enjoyed most, and how will they help you in your career and in your life in general? Which college courses have you enjoyed most/least and why?”
Please make sure the applicant’s name appears on all documents being uploaded.
Please list the name and email address of a professor (preferred) or advisor who will provide a letter of recommendation supporting the applicant’s academic achievement, leadership, and communication skills.
Please list the name and email address of employer or previous employer who will provide a letter of recommendation.
Please provide any other information about the applicant that may be helpful to review the application.
Indicate if the applicant is interested in having their name released to Milliman, Inc. Name, contact information, location, year in school, and a university will be released. None of the application materials will be provided to Milliman, Inc. Only scholarship committee reviewers will see the application. Applicants may be contacted by Milliman, Inc. for such purposes as recruitment, internship programs, etc.

Visit the Official Website of the Actual Foundation Scholarship Program 2019 for more details.

 

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