Congratulations to our Spring 2008 scholarship recipients.
BeAnActuary.org Scholarship Information
Society of Actuaries/Casualty Actuarial Society scholarships for minority students
State Farm Companies Foundation scholarships
Minority Scholarships at Illinois State University.
Department of Mathematics Scholarships
Illinois State University financial aid and scholarships information
Katie School of Insurance and Financial Services scholarships
This program provides recognition and financial support for our best students. The awards are in addition to, completely separate, and independent of any other financial support a student receives. Only incoming freshmen need to apply for these scholarships, while undergraduate actuarial students currently enrolled full time at Illinois State University are considered automatically. Subject to availability of funds, scholarships are granted automatically to students meeting the following criteria:
The criteria for eligibility must be met in every semester in which the scholarship is awarded. Scholarships are awarded for the Fall and the Spring semesters only. The basic amount of the scholarship is $1000 per semester, but this amount is increased by $250 per semester for each professional actuarial examination passed, with the increase effective in the first semester following the official release of examinations results. The funding for these scholarships comes from several courses. By far the largest source is a grant from the from State Farm Foundation, associated with the State Farm Insurance company, located in Bloomington, Illinois. Recipients of scholarships funded by this source are called State Farm Scholars, and the expected number of scholarships funded is ten. One to two scholarships are also funded by Country Insurance and Financial Services, an insurance company headquartered in Bloomington, Illinois. Recipients of scholarships funded from this source are called Country Scholars. Funding for additional scholarships, beyond those paid by the gifts from the State Farm Foundation and Country Insurance and Financial Services, is provided by the Katie School of Insurance and Financial Services at Illinois State University. Recipients of scholarships funded by this source are called Katie School Scholars. These scholarships are equivalent, regardless of source of funding. High school students interested in the scholarship should download the application (PDF).
llinois State University actuarial students who pass actuarial examinations will have their examination fees reimbursed by the Actuarial Program, subject to availability of funds. Active members of the Actuarial Club will have half of their exam fees paid, subject to availability of funds. Only active students, i.e., students enrolled in at least one class at Illinois State University, are eligible for this, as any other actuarial scholarship.
This program is funded by Allstate Insurance Company, headquartered in Northbrook, Illinois, also a major funding agency for the Minority High School Scholars Academy, our summer program introducing actuarial profession to minority students (African-American, Hispanic-American and Native-American). These one-time $300 scholarships are granted to successful alumni (starting with the 2003 program) of the Minority High School Scholars Academy, who subsequently enroll in a recognized university-level academic program in actuarial science. Minority High School Scholars Academy successful alumni who enroll in the Actuarial Program at Illinois State University will have their scholarship doubled to $600 total, thanks to additional support for this scholarship from the College of Arts and Sciences at Illinois State University. Students interested in this scholarship should contact Dr. Krzysztof Ostaszewski.
Effective the 2004/2005 academic year, our Actuarial Program will grant scholarships funded by D.W. Simpson, an actuarial search company. Information about these scholarships is posted at: http://www.dwsimpson.com/scholar.html. Illlinois State University students interested in this scholarship should contact Dr. Krzysztof Ostaszewski.
Dr. Orlyn Edge was the creator and the founder of the Actuarial Program at Illinois State University. He joined the ISU Mathematics Department faculty in the Fall of 1966 after receiving his Ph.D. from the University of Iowa in May of 1966. Dr. Edge was a valued member of the Department until he retired in 1999. During that time, Dr. Edge started the Actuarial Program at ISU in 1990 and served as its Director until May of 2000. This scholarship was established by Dr. Edge for the purpose of providing support for incoming first year students interested in actuarial science. This scholarship will be granted to an incoming freshman by the Actuarial Committee. All incoming freshmen are automatically considered. We generally expect the recipients of this scholarship to meet the following criteria:
The scholarship may be awarded in addition to other scholarships, or financial aid that the student receives. Students receiving this scholarship are required to join the Actuarial Club within Gamma Iota Sigma. The Orlyn Edge Scholarship expected amount is $500. As this scholarship is given only in the freshman year, its recipients are encouraged to apply for other scholarships in later years.
This program is funded by a grant from State Farm Foundation, associated with the State Farm Insurance company. The scholarship program was established to support educational opportunities for academically talented minority students interested in a professional career as an actuary, and are a part of the University Scholars program. Scholarships are expected to be at the level of $5,000 per student per year. Students interested in this opportunity should contact the Office of Admissions at Illinois State University. In this scholarship program
