actuarial diversity scholarship

The Actuarial Diversity Scholarship promotes diversity within the profession through an annual scholarship program for Black/African American, Hispanic, Native North American and Pacific Islander students. 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 awards the scholarship in the following levels:

• $1,000 – high school senior applying for freshman year;
• $2,000 – college freshman applying for sophomore year/sophomore applying for junior year; and
• $3,000 – 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.

Passing of actuarial exams will be an important factor in evaluating scholarship applications for junior year and beyond. Exams passed will also be a consideration for prior award recipients applying to renew the scholarship.

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.

The application process is now CLOSED

 Applications for the 2013-2014 Actuarial Diversity Scholarship will be available in January.

To review the 2012-2013 Application Guidelines click here

To review the 2012-2013 Renewal Guidelines click here

(please note that the 2013-2014 guidelines are subject to change)

History of the Actuarial Diversity Scholarship

The Actuarial Diversity Scholarship was formed in 1977 as a joint effort by the Casualty Actuarial Society and the Society of Actuaries and has opened the door to the actuarial profession for hundreds of minority students. In 2008, this scholarship program was transferred to The Actuarial Foundation to further strengthen, increase and assure the continuation of a diverse, high-quality actuarial candidate pool.

Meet the 2012 Actuarial Diversity Scholarship Recipients

Click here to see Actuarial Diversity Scholarship recipients from previous years.

For additional information, contact The Actuarial Foundation at: Scholarships@ActFnd.org.

The Actuarial Foundation reserves the right to change or discontinue any of the noted scholarship programs at any time and without notice. Award recipients are selected at the sole discretion of the selection committee.

"My dream of a college degree is now closer than ever. I am very glad to have the opportunity to thank the entire membership personally for their generosity.  Without scholarship patrons like yours, there will be many students such as myself unable to pursue careers they've dreamed of."

-David Cann, 2012 Actuarial Diversity Scholarship Winner

Make a Difference!
See to it that deserving students like 2012 recipient David Cann continue to receive this prestigious scholarship.

Make your contribution to support the Actuarial Diversity Scholarship through the Daniel J. McCarthy Memorial Fund.

Thank You, Sponsors!

The Actuarial Foundation thanks its most generous corporate sponsors for their continued support of the Actuarial Diversity Scholarship. More>