Undergraduate Scholarships for Actuarial Science Students

Scholarships in Actuarial Science

Aon Hewitt Associates Scholarship in Actuarial Science
Awarded at the end of 2nd year. Financial need must be considered. Academic performance in the course required for the specialist program in Actuarial Science will also be considered. The
same student will receive the awards for two years, providing he/she:
1) continues to demonstrate financial need and,
2) maintains an academic standing entering fourth year which is consistent with his/her academic performance when first awarded the scholarship.

Arthur F. Williams Scholarship in Actuarial Science
An annual award to a student who has completed ACT240H and 247H combined (or equivalent courses). Financial need must be considered. Academic performance will also be considered.

Bryson Scholarship in Actuarial Science
An annual award to a 4th year student who has completed at least five full course requirements form the Third and Fourth Years of the Specialist Program in Actuarial Science. At least three full course equivalents must be in Actuarial Science.

Dr. James T. Phillips Honour Scholarship in Actuarial Science
Awarded to an outstanding 3rd year student with the highest aggregate in two full course equivalents in actuarial Science at the 300-level or higher. Some information about the life of James T. Phillips can be found at the following link :  James T. Phillips

P.L.J. Ryall Scholarship
Awarded to an outstanding student who has completed the Specialist Program in Actuarial Science with the highest Cumulative GPA.

Samuel Eckler Scholarship in Actuarial Science
Awarded in 2nd year to an outstanding student in the Specialist Program In Actuarial Science who has an A average overall and who has received a mark of an A in ACT 240F. The student will continue to hold the scholarship in Third and Fourth Years provided that the student remains enrolled in the Specialist Program in Actuarial Science and maintains a B+ average overall and an A average in
all required actuarial courses.

Note that the scholarships listed above do not require student applications. The following scholarships do require students to submit applications.

Lawrence E Coward Scholarship Application Form 2017
The Lawrence E. Coward Scholarship in Actuarial Science is an annual scholarship open to undergraduate students who have completed second year, specializing or majoring in actuarial science in the Department of Statistics. The successful candidate will be selected based on academic merit, financial need, and demonstrated leadership through participation in activities within the university/community. The scholarship award is $1,000 and may be renewed if the student maintains a 3.25 GPA in his/her third year of study. The deadline to apply for this award is announced in class in February each year with applications usually due some time in March or April. Applications and further details are available from the Statistics Undergraduate Office, Gillis Aning SS 6018A

Morneau Shepell Scholarship in Actuarial Science ($2,500)
To be awarded to a second year undergraduate student specializing in Actuarial Science in the Department of Statistical Sciences on the basis of academic merit and demonstrated leadership through participation in activities within the university or the community.

Ontario Conference of Casualty Actuaries Scholarship in Actuarial Science
This award is made to an actuarial science specialist student who has completed 3rd year and will be returning for 4th year. The award requires an application to be submitted. The recipient is chosen by the OCCA. Information regarding applying for this award will be announced to students in class.

Samuel Beatty In-Course Scholarships
This scholarship is given to any student in second, third or fourth year and taking a Specialist Programme offered by the Departments of Mathematics, Physics, Statistics or Computer Science. Awards will be given on the basis of academic performance during the previous year and on the basis of need. Applications may be obtained from the Statistics Undergraduate Office, SS 6022 or complete the online application form available from the Department of Physics web site (click on undergraduate studies). The deadline to apply for this award is announced in class.

Note that the scholarships listed so far are for U of T students. There are several actuarial scholarships that are more widely available.

Casualty Actuarial Society Trust Scholarship
The objective of the scholarship is to further students’ interest in the property/casualty actuarial profession and to encourage the pursuit of the CAS designations. Applicants must be a permanent resident of the U.S. or Canada, or have a permanent resident visa, and admitted as a full-time student to a U.S. or Canadian educational institution to be eligible. Applicants must have demonstrated high scholastic achievement and a strong interest in mathematics or a mathematics-related field. This scholarship requires that an application be submitted. Recommendations, transcripts, actuarial exam results, work experience, and written essays will all be considered in selecting the award recipients. Additional details and applications are available online at CAS Scholarship.

The International Association of Black Actuaries Scholarship
The International Association of Black Actuaries Foundation (IABA Foundation) scholarship program advances its mission by providing scholarships at the undergraduate and graduate level to qualified black students who are interested in pursuing an actuarial career. IABA’s mission is to contribute to an increase in the number of black actuaries and to influence the successful career development, civic growth and achievement of black actuaries.

The International Association of Black Actuaries Foundation (IABA Foundation) scholarship program advances its mission by providing scholarships at the undergraduate and graduate level to qualified black students who are interested in pursuing an actuarial career. IABA’s mission is to contribute to an increase in the number of black actuaries and to influence the successful career development, civic growth and achievement of black actuaries. For additional information, visit at IABA Scholarship.

The Actuarial Foundation Scholarships
The Actuarial Foundation supports the future of the actuarial profession and fosters the best and brightest students through four major scholarships. These scholarships not only offset the cost of education for students, but are prestigious honors. Scholarship recipients are selected by representatives of the actuarial profession, who may one day be their peers. For additional information, visit at Actuarial Foundation Scholarships.

Past Award Recipients

A listing of past award recipients can be found here.

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