Provided by Spencer Educational Foundation
Spencer provides internship grants (awards up to $7,500) to employers (practicing risk managers) to hire interns in the risk management function. Employers apply to Spencer for grant funding; students apply directly to funded employers for internship positions. Eligible employers must be based in the United States, Canada, or Bermuda. 2026 application opens August 15, 2026 and closes October 15, 2026.
Award amount
$7,500
Number of awards
34 awards available
Frequency
Annually
Deadline
October 15, 2026
Time to apply
60+ min
Essay
May be required — check provider
This grant is given to employers only
Must be a practicing risk manager
Must be based in the United States, Canada, or Bermuda
Internship position must be within the risk management function and centered around meaningful projects or responsibilities in risk management
Administrative tasks should comprise no more than 25% of the intern’s time
Internships must be a minimum of 8 weeks in duration
Grant recipients must confirm the selection of an intern within 90 days of notification of approval or forfeit the grant
Spencer will assist in locating an intern only if employer has exhausted the search process without results
A copy of the intern’s transcript (official or unofficial) and resume must be sent to Spencer to receive the grant funding
All Internship grant funds must be applied to the intern's experience; any remaining funds must be applied to beneficial professional/learning experiences; a final budget is required and partial refund may be requested if funds were not spent appropriately
Grant recipients must submit a final report after the internship; interns must submit a final survey at completion
Confirm eligibility
Review the scholarship eligibility information on this page and on the provider’s official instructions to confirm you qualify before you invest time in an application.
Gather required materials
Collect transcripts, test scores, essays, letters of recommendation, portfolios, or any other items the program lists as required.
Submit through the official program
Complete the application using the provider’s published process—often an online form or portal—and submit before the stated deadline. Keep a copy of your confirmation when available.
Important
Deadlines are set by the scholarship provider. Always confirm dates and instructions on the official site. TuitionCovered does not process applications for external scholarships.
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