International Association of Black Actuaries 2026-2027 Scholarship

Provider:The Actuarial Foundation

Award Amount

$5,000

Number of Awards

1

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About This Scholarship

The IABA Scholarship Program provides scholarships at the undergraduate and graduate level for Black students who are interested in pursuing actuarial careers. Many of the IABA Scholarship recipients receive internship or entry-level job offers, as a result of their scholarship award. The scholarship program is available to students of African descent originating from the United States, Canada, the Caribbean and African nations.

Award Amount

$5,000

Number of Awards

1

Application Details

Time to Apply

30–60 min

Frequency

Annually

Account Required

Yes

Eligibility Requirements

Original Requirements

  • Must be a citizen or permanent resident of the United States; or a citizen or permanent resident of Canada, a citizen of any Caribbean or African nation on a United States or Canadian student visa
  • Must 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 the student for an actuarial career
  • Must have a GPA of at least 3.0 on a 4.0 scale
  • A demonstration of interest in and a familiarity with the actuarial profession
  • Proficient communication skills
  • Evidence of determination and self-motivation
  • Calculus and Probability courses
  • Scholastic Aptitude Test (SAT) with a minimum math score of 600 or the ACT Assessment with a minimum math score of 28, or equivalent testing results for students outside of the USA
  • Attempting (or already passed) an actuarial exam

Demographic

in United States, Caribbean, Canada, African

Institution

in Canada, United States

Major

contains actuarial science

Academic

Gpa β‰₯ 3

Sat Score β‰₯ 600

Act Score β‰₯ 28

Other Unspecified

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Scholarship Details

Amount
$5,000
Total amount awarded to successful applicants
Awards
1
Number of awards offered
Deadline
March 1, 2026
Time to Apply
30–60 min
Frequency
Annually
Account Required
Yes

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