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Both the University and the College offer scholarships. This page lists only those scholarships that are strictly for actuarial science students. The Harper and Brooks scholarships are from endowed funds and can be expected to continue indefinitely. All of the other scholarships are continued from year-to-year at the discretion of the donor.

Exam fee refund program

Students who pass examinations given by the Casualty Actuarial Society or the Society of Actuaries have up to 100% of their fees refunded. This is made possible by funds donated to the Adams/Bowers Actuarial Education Center

Scholarships for incoming first year students:

The following scholarship is awarded to a high school senior in the spring prior to graduation. All students who have been accepted to Drake, have declared one of the actuarial science majors, and meet the minimum eligibility requirements for the scholarship, will be mailed an application form.

Roger Brooks Scholarship -- Approximately $2,500, renewable for the sophomore year.

Application forms are mailed to eligible high school seniors in February.

Scholarships for current students:

Each of these scholarships is granted in the spring of one academic year for use during the following academic year. None are automatically renewable, but most students who earn a scholarship in one year receive one the following year. Years indicated are for receipt of the scholarship, not the year in which the selection is made.

CIGNA Foundation -- Sophomore, one $1,500; Junior, two $1,500, each year .

D.W. Simpson -- Senior; One award of $1,000.

EMC Companies -- Junior, Senior; Four awards of $2,000.

Floyd S. Harper -- Sophomore; Typically 4 or 5 awards of about $500 each.

Principal Financial Group -- Junior, Senior; $20,000 to be split among two to four students; may also include academic year internship.

Other CBPA Scholarships

The Iowa Insurance Education scholarship is open to Actuarial students as well as other majors in the CBPA.  The IIE scholarship is an application process that is done in the fall. Then members of the organization interview students in December. The amount is usually $2500 and the winner is eligible for renewal the following year.


Society of Actuaries Scholarships

The Society of Actuaries sponsors several scholarships. More information can be found at the following link.

http://www.actuarialfoundation.org/programs/actuarial/scholarships.shtml

Send email to Rahul Parsa with questions or comments about this web site.
Last modified: November 1, 2009