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Exam Reimbursement Program

Current IABA Scholarship applicants and IABA Boot Camp attendees who pass an exam may be eligible for an exam reimbursement through IABA’s exam reimbursement program, pending funds available.


Eligibility:

Current IABA Scholarship winner

Current IABA Scholarship applicant must have a complete application with all supporting materials submitted by application deadline of March 31

Current IABA Boot Camp students

Exam must be taken in current award period May 30 of the application year May 15 of the following year

Student may not be eligible for exam reimbursement by another source Exam (employer or university), including the CAS/SOA Committee on Actuarial Diversity (http://www.beanactuary.org/programs/diversity/?fa=diversity-exam-reimbursement-program).

*Black students not eligible for reimbursement under Diversity Exam Reimbursement Program may be eligible

Score a 6 or higher (passing score)

Request for reimbursement must be received no later than 30 days after official passing score report is received by student

Reimbursement limited to $300 per exam


Exams Covered:

SOA:

Exam P Probability
Exam FM
Financial Mathematics
Exam IFM
Investment and Financial Markets Exam LTAM Long Term Actuarial Mathematics Exam STAM Short Term Actuarial Mathematics Exam SRM Statistics for Risk Modeling

CAS:

Exam P Probability
Exam FM
Financial Mathematics
Exam 3F* Financial Economics
MAS-I Modern Actuarial Statistics I
MAS-II Modern Actuarial Statistics II
Exam 5 Basic Techniques for Ratemaking and Estimating Claim Liabilities Exam 6 Regulation & Financial Report (Nation-Specific)

 

Process:

Submit the following form, including the following file uploads: 

  • PDF of exam registration receipt

  • PDF of score report

  • Expense report template can be found here:

    https://www.blackactuaries.org/page/VolunteerResources

  • Request for reimbursement must be received no later than 30 days after official passing score report is received by student


Further Information:

Kate Weaver
Executive Director, IABA
iaba@blackactuaries.org





















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