Apply for a Scholarship from the Department of Risk Management & Insurance
The Department of Risk Management & Insurance accepts scholarship applications from February 1 – March 1.
General Application
Students who have not previously received a scholarship from the department should print the General Application and return the required information and materials to the address that appears on the form. You only need to submit one application to be considered for all scholarships offered by the Department of Risk Management & Insurance.
Renewal Application
Current students who previously received a scholarship from the department and wish to continue that award in the upcoming year must submit a Renewal Application. Any renewals to previous recipients are made in the spring for the upcoming academic year, and are contingent upon satisfactory academic performance and timely progress towards the degree.
Timing of Disbursements
The scholarship committee meets each spring to award scholarships for the upcoming academic year. Of the total scholarship amount awarded to a student, one half will be paid in fall semester of the upcoming academic year, and the second half will be paid in spring semester of the upcoming academic year.
External Scholarships/Special Programs
ABIC/GSU Bermuda Master’s Degree Fellowship
- Award
- Graduate research assistantship (includes full tuition) and living expenses.
- Eligibility
- Bermuda resident majoring in any of the RMI department’s graduate degree programs
- Criteria
- Scholastic achievement and financial need
- Purpose
- The purpose of this award is to attract talented and qualified students from Bermuda into any of the graduate degree programs offered by the Department of Risk Management & Insurance. Sponsored by the Association of Bermuda International Companies (ABIC) in conjunction with the RMI department, the fellowship will give a Bermudian student pursuing graduate studies in insurance, actuarial science, personal financial planning, or risk management financial support of up to $40,000 per year, including a graduate research assistantship (GRA), full tuition waiver, and living expenses. This is ABIC’s first-ever post-graduate scholarship.
Actuarial Foundation Scholarships – Actuarial Diversity Scholarship
- Award
- Varies from $1,000 – $4,000 based on student’s academic year
- Area of interest
- Promotes diversity within actuarial profession
- Application Deadline
- May 1
- Major
- Actuarial science
- Eligibility
-
- Pursuing a career in the actuarial profession
- One birth parent is black, Hispanic, Native American, or a Pacific islander
- Full-time undergraduate
- 3.0 + GPA
- ACT math score of 28+, SAT math score of 600+
Actuarial Foundation Scholarships – Curtis E. Huntington Memorial Scholarship
- Award
- $2,000
- Area of interest
- Recognizes/encourages academic achievements of college seniors
- Major
- Actuarial science
- Eligibility
-
- Full-time senior
- 3.0+ GPA
- Successfully completed at least one actuarial exam
Actuarial Foundation Scholarships – Elizabeth M. Mauro Reimbursement Award
- Award
- Up to $9,000
- Area of interest
- Recognizes/encourages academic achievements of undergrad students
- Major
- Actuarial science
- Eligibility
-
- Full-time sophomore, junior or senior
- 3.0+ GPA
- Successfully completed two actuarial exams
Actuarial Foundation Scholarships – Stuart A. Robertson Memorial Scholarship
- Award
- $2,000
- Area of interest
- Recognizes/encourages academic achievements of college seniors
- Major
- Actuarial science
- Eligibility
-
- Full-time senior
- 3.0 + GPA
- Successfully completed at least 1 actuarial exam
American Institute of Professional Association Group Insurance Administrators (AIPAGIA) – Johnstone Educational Foundation Scholarship
- Award
- $2,500
- Area of interest
- To assist students of risk management, insurance or related field
- Major
- RMI
- Eligibility
-
- Junior
- 3.0+ GPA
- Demonstration of intent to work in the insurance industry
- Need for financial assistance
- Contributions to the community
- Essay
- Letters of Recommendation
- Contact
- AIPAGIA
4248 Park Glen Road
Minneapolis, MN 55416
952-928-4663
Atlanta Association of Health Underwriters – William Duffy Scholarship
- Award
- $1,000
- Area of interest
- To assist students majoring in risk management/insurance
- Major
- RMI
- Eligibility
-
- Full-time senior
- 3.0+ GPA
- Successfully completed at least one actuarial exam
- Scholastic achievement
- Insurance field career interest
- Selected by Atl. Assoc. of Health Underwriters
CPCU-Loman Education Internship Financial Aid Program
- Award
- $2,000
- Area of interest
- To offset costs associated with internships in the insurance industry
- Major
- RMI
- Eligibility
-
- College sophomore, junior or senior
- Have applied for, secured or accepted a paid insurance-related internship that requires 30-40 hours/week for at least eight weeks total
- Be registered for internship credit
- Be a U.S. citizen
David M. Holland
- Award
- $1,250
- Eligibility
- Full-time undergraduate or graduate actuarial science students
- Donor
- Estate of David M. Holland
DW Simpson’s Actuarial Science Scholarship
- Award
- $1,000 (one-time)
- Area of interest
- To assist exceptional students who have an interest in an actuarial sciences career
- Major
- Actuarial science
- Eligibility
-
- 3.2+ GPA in major; 3.0+ GPA overall
- Passed at least one actuarial exam
- Eligible to work in the USA
Georgia 1752 Club Scholarship
- Award
- $1,000
- Area of interest
- To encourage students into risk management/insurance profession
- Major
- Actuarial science/RMI
- Eligibility
-
- established financial need
- full-time student in good standing
- maintain a 3.0 GPA
Georgia Executive Women’s Network (GEWN) – Leader of Tomorrow Scholarship
- Award
- $3,000
- Area of interest
- To assist female, non-traditional college students
- Major
- Actuarial science/RMI
- Eligibility
-
- Female 24 + years of age
- Full-time student; completed at least one year of college
- 3.0+ GPA
- demonstrated leadership
- Contact
- JoAnn Penovi
404-433-7416
GEWN Scholarship Committee
2328 Thomas Rd. NW
Atlanta, GA 30318
International Center for Captive Insurance Education (ICCIE) – Harry House Scholarship
- Award
- One full scholarship per year for coursework leading to an Associate in Captive Insurance (ACI) designation
- Area of interest
- To assist minority status risk management majors
- Major
- Actuarial science/RMI
- Eligibility
-
- Minority
- Scholastic excellence
- Contact
- ICCIE
Harry House Captive Insurance Scholarship
2517 Shelburne Rd, Suite 2
Shelburne, VT 05482
MassMutual Scholars
- Award
- Varies
- Area of interest
- To assist students pursuing a career in insurance or financial services
- Major
- Actuarial science/RMI
- Eligibility
-
- Full-time sophomore, junior or senior
- 3.0+ GPA
- Preference given to students interested in insurance and finance careers
WSIA Education Foundation Scholarships
- Award
- $5,000
- Area of interest
- To assist exceptional students who have an interest in an insurance career
- Major
- Actuarial Science/RMI
- Application deadline
- March 1
- Eligibility
-
- GPA of 3.25 or above or a major GPA of 3.5 or higher
- Be an undergraduate student (college sophomore, junior or senior) not graduating before fall of the semester the award is granted
- Satisfy one of the following substantive requirements:
-
-
- Be an RMI major/minor/concentration student;
- Have taken RMI courses; or
- Have work experience in the RMI industry
-
-
- Previous recipients are eligible but must re-apply each year.
- Contact
- WSIA
4131 N. Mulberry Drive
Suite 200
Kansas City, MO 64116
816-741-3910
info@wsia.org - WSIA Website
Spencer Education Foundation (SEF) – Allied World Assurance Company (AWAC)
- Award
- $5,000
- Area of interest
- To assist students majoring/minoring in risk management
- Application deadline
- January 31
- Eligibility
-
- Career objectives in risk management
- GPA of 3.0 or higher
- Relevant work experience
- Leadership skills
- Contact
- Program director, Angela Sabatino
Spencer Educational Foundation
c/o RIMS
1065 Avenue of the Americas/13th floor
New York, NY 10018
212-655-6223
asabatino@spencered.org
Target Market
- Award
-
Up to $5,000
- Eligibility
- RMI student, preference given to veterans
- Donor
- Target Markets Program Administrators Association