$10,000 Actuarial Science Achievement Award in Canada, 2024

Written by Michael Nz. on March 17, 2024

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$10,000 Actuarial Science Achievement Award in Canada, 2024

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Scholarship details

  • Area of study

    All
  • Country of the Scholarship

    Canada
  • Scholarship Valid Until (Year)

    2024
  • Type of scholarship

    Master's scholarship
  • Scholarship amount given

    9000 - 12000
  • Type of scholarship administrator

    Private sponsor
  • Mode of scholarship (Online/Offline)

    All
  • Applier's country

    Canada
  • Expenses covered

    Tuition fees
  • Scholarship Contact Details

    [email protected] Department Of Statistical And Actuarial Sciences (DSAS) Western Science Centre - Room 262 - 1151 Richmond Street London, Ontario, Canada, N6A 5B7 Tel: (519) 661-2098

Introduction

Actuarial Science is a field that combines mathematics, statistics, and finance to assess and manage risk and uncertainty. As the demand for skilled actuaries continues to rise, organizations such as the Actuarial Society of Canada (ASC) have recognized the need to encourage and support students pursuing this challenging and rewarding career path. One such initiative is the $10,000 Actuarial Science Achievement Award in Canada.

The $10,000 Actuarial Science Achievement Award in Canada is a prestigious scholarship that recognizes exceptional students who demonstrate a passion for actuarial science and potential for significant contributions to the field. This scholarship not only provides financial assistance but also serves as recognition for their dedication and commitment to their studies.

Scholarship Provider and Host Country

The $10,000 Actuarial Science Achievement Award in Canada is provided by the Actuarial Society of Canada (ASC), an organization dedicated to promoting actuarial science in Canada through education, research, and professional development. Founded in 1902, ASC represents over 6,000 actuaries across the country.

Canada is the host country for this scholarship. It is known for its strong academic institutions and thriving actuarial industry. With its world-class universities offering excellent actuarial science programs and numerous opportunities for professional growth within insurance companies, consulting firms, and government agencies, Canada has become a preferred destination for aspiring actuaries.

Eligible Applicants

The $10,000 Actuarial Science Achievement Award in Canada is available to domestic and international students who plan to enroll in an accredited actuarial science program at a Canadian university for the upcoming academic year. This scholarship is open to undergraduate and graduate students.

Applicants must have a strong academic record in relevant mathematics, statistics, economics, and finance courses. They should also possess outstanding analytical and problem-solving skills and a genuine interest in pursuing a career in actuarial science.

Scholarship Worth, Level, and Field of Study

The $10,000 Actuarial Science Achievement Award in Canada is a significant financial aid opportunity for students pursuing actuarial science studies in Canada. The exact amount of the award may vary from year to year.

This scholarship is available for undergraduate and graduate students. It supports students studying actuarial science, which involves analyzing and quantifying risks using mathematical models and methods. The scholarship aims to recognize and encourage exceptional individuals who aspire to make their mark in this exciting field.

How to Apply for the Scholarship

To apply for the $10,000 Actuarial Science Achievement Award in Canada, interested candidates must complete an online application form on the Actuarial Society of Canada (ASC) official website. The application typically consists of personal information, academic transcripts, letters of recommendation, a statement of purpose outlining career goals and aspirations in actuarial science, and any additional supporting documents required by the scholarship committee.

Applicants must carefully review the application guidelines and ensure that all necessary documents are submitted within the specified deadline. Incomplete or late applications may not be considered for evaluation.

Countries Eligible for Application

The $10,000 Actuarial Science Achievement Award in Canada welcomes applications from students worldwide. As an international scholarship opportunity, eligible applicants are not restricted by a specific country.

Students from various countries are encouraged to apply for this scholarship if they plan to pursue their actuarial science studies in Canada. The ASC values diversity and recognizes the importance of nurturing talent from across borders.

Eligibility Criteria for the Scholarship

To be eligible for the $10,000 Actuarial Science Achievement Award in Canada, applicants must meet the following criteria:

1. Enrolled or planning to enroll in an accredited actuarial science program at a Canadian university.
2. Strong academic record in relevant mathematics, statistics, economics, and finance courses.
3. Demonstrated analytical and problem-solving abilities.
4. Genuine interest in pursuing a career in actuarial science.

It is important for candidates to carefully review the eligibility requirements outlined by the scholarship provider before submitting their application to ensure they meet all necessary criteria.

Scholarship Deadline

The application deadline for the $10,000 Actuarial Science Achievement Award in Canada may vary each year. Aspiring candidates are advised to visit the Actuarial Society of Canada (ASC) ‘s official website or consult other reliable sources to obtain accurate and up-to-date information regarding the current year’s deadline.

Applicants should plan their submission well and ensure all required documents are prepared and submitted before the deadline. The scholarship committee is unlikely to consider late applications.

In conclusion, the $10,000 Actuarial Science Achievement Award in Canada presents a remarkable opportunity for students passionate about actuarial science to receive financial support and recognition for their dedication. With its valuable contribution towards fostering talent and promoting excellence in this field, this scholarship is an encouraging step towards building a strong community of talented actuaries who will contribute significantly to managing risks and uncertainties worldwide.

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