International Association of Black Actuaries Foundation Scholarship

Scholarship Overview

This scholarship is for students of African descent originating from the United States, Canada, the Caribbean, and African nations. To qualify for this scholarship, applicants must be be admitted to a college or university in the United States or Canada offering either a program in actuarial science or courses that will serve to prepare them for an actuarial career; have taken the SAT with a minimum math score of 600 or the ACT with a minimum math score of 28, or equivalent testing results for students outside the United States; and have a GPA of at least 3.0. Applicants must be citizens or permanent residents of the United States, or citizens or permanent residents of Canada, or citizens of any Caribbean or African nation on a United States or Canadian student visa. Applicants will be judged on the following criteria: Calculus and Probability courses already completed; attempting (or already passed) an actuarial exam; completing (or already completed) Validation by Educational Experience (VEE) requirements; proficient communication skills; evidence of determination and self-motivation; and a demonstration of interest in and a familiarity with the actuarial profession. Any officers, board members, or IABA Foundation Scholarship Committee members, or immediate relatives or employees of officers, board members, or IABA Foundation Scholarship Committee members are not eligible for this scholarship.