Undergraduate Scholarships

Awards & Scholarships

There’s a wide range of awards and scholarships available to U of T undergrad students. Have a look at the Faculty of Arts & Science scholarship website to learn more.

Below, please find a selection of awards and scholarships for Statistical Sciences and Actuarial Science undergraduate students.

 

STATISTICAL SCIENCES

The SCiAN Services Scholarship for Excellence in Applied Statistics

Established by: SCiAN Services Inc.
Value: $2,500

This award will automatically be given to the third-year student with the best grade point average in the Applied Statistics Specialist or Statistics Specialist programs.

Click here for more awards and scholarships for Statistical Sciences undergraduate students.

 

ACTUARIAL SCIENCE

The following scholarships are available to U of T students and do not require students to submit an application.

Aon Hewitt Associates Scholarship in Actuarial Science

Established by: Hewitt Associates

This scholarship is awarded at the end of the second year with financial needs being considered. The same student will receive the awards for two years, providing he or she continues to demonstrate financial need and maintains an academic standing entering fourth year which is consistent with his or her academic performance when first awarded the scholarship.

Arthur F. Williams Scholarship in Actuarial Science

Established by: gifts from the Associates of the University of Toronto Inc., family, friends and former colleagues of A.F. Williams; matched by OSOTF and EAF

Awarded 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

Established by: Florence Maye Bryson in memory of her husband, Albert E. Bryson

An annual award to a fourth-year student who has completed at least five full course requirements from 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

Established by: associates of the University of Toronto Inc. in honour of Dr. James T. Phillips and Marjorie Phillips

Awarded to an outstanding third-year student with the highest aggregate in two full course equivalents in Actuarial Science at the 300-level or higher.

P.L.J. Ryall Scholarship

Established by: colleagues and friends of Professor P. L. J. Ryall, a former faculty member in the Department of Statistical Sciences

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

Established by: Eckler Partners Ltd in honour of founding chairman, Samuel Eckler

Awarded in second 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.

 

The following scholarships are available to U of T students and require students to submit an application.

The Lawrence E. Coward Scholarship in Actuarial Science

Established by: Mercer (Canada) Limited
Value: $1,000
Deadline:  announced in class in February with applications due in March or April

An annual scholarship open to undergraduate students who have completed second year, specializing or majoring in Actuarial Science in the Department of Statistical Sciences. The successful candidate will be selected based on academic merit, financial need, and demonstrated leadership through participation in activities within the university or community. The scholarship may be renewed if the student maintains a 3.25 GPA in his or her third year of study.

Download application form

Morneau Shepell Scholarship in Actuarial Science ($2,500)

Established by: Morneau Shepell

Awarded to a second-year undergraduate student specializing in Actuarial Science in the Department of Statistical Sciences based on academic merit and demonstrated leadership through participation in activities within the university or the community.

Download additional information

Ontario Conference of Casualty Actuaries (OCCA) Scholarship in Actuarial Science

Established by: OCCA
Deadline: announced in class

This award is given to an Actuarial Science specialist student who has completed third year and will be returning for fourth year. The recipient is chosen by the OCCA.

Samuel Beatty In-Course Scholarships

Established by: Samuel Beatty Fund and through donations from the family, friends and colleagues of Samuel Beatty
Deadline: announced in class

These scholarships are given to students in second, third or fourth year, taking a specialist program offered by the Departments of Mathematics, Physics, Statistics or Computer Science. Awards will be given based on academic performance during the previous year and based on need. Contact our Actuarial Science Undergraduate Administrator for more information and applications at priya.sivathason@utoronto.ca.

Economical Insurance Scholarship in Actuarial Science

Established by: Economical Insurance
Deadline: January (see application form for exact deadline)

To be awarded to a student in Actuarial Science based on academic merit and community involvement. Only students currently in their third year of studies are eligible for this scholarship. Preference will be given to students who have successfully completed professional examinations related to Actuarial Science. Please complete the application form and submit it along with your resume and a printout of your academic history from ACORN.

Download the application form.

 

The following scholarships are available to Actuarial Science students beyond the University of Toronto.

Casualty Actuarial Society (CAS) Trust Scholarship

Established by: CAS
Value: $10,000 scholarship (first place). $5,000  (second and third place)
Deadline: typically March (see CAS Scholarship page for more details)

This scholarship furthers students’ interest in the property/casualty actuarial profession and encourages the pursuit of the CAS designations. Applicants must

  • be permanent residents of the U.S. or Canada or have a permanent resident visa
  • admitted as full-time students to a U.S. or Canadian educational institution to be eligible
  • have demonstrated high academic achievement and a strong interest in mathematics or a mathematics-related field.

This scholarship requires students to submit an application. 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 on the CAS Scholarship page.

The International Association of Black Actuaries (IABA) Scholarship

Established by: IABA
Value: $3,000 – $5,000/year
Deadline: please refer to the IABA website

This program provides 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 the IABA Scholarship page.

The Actuarial Foundation Scholarships

Established by: the Actuarial Foundation
Deadline: typically November (please refer to the Actuarial Foundation Scholarships website for details)

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 honours. Scholarship recipients are selected by representatives of the actuarial profession, who may one day be their peers.

For additional information, visit the Actuarial Foundation Scholarships page.

Click here for more awards and scholarships for Actuarial Science undergraduate students.

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