Scholarships are awarded on the basis of individual merit and may be renewed at the discretion of the Board upon reapplication and continued eligibility. The amount of the award (typically ranges from $500 - $4,000/year) is determined by the IABA Foundation Scholarship Committee and is based on full-time status during the 2013-14 school year. The amount of the award will be adjusted for scholarship recipients that are not attending school on a full-time basis during the 2013-14 school year.  Scholarship awards are sent directly to the recipient's school.  Scholarship awards are NOT issued to the individual.

Please note: Depending on available funds and academic performance, scholarship recipients may be eligible to receive a one-time stipend for passing actuarial exams during the 2013 scholarship period (Fall 2013 - Spring 2014). Recipients are required to submit a letter notifying the IABA Foundation Scholarship Committee of their exam results along with a copy of their passing score from the SOA or CAS.