The CAS is once again accepting applications for its scholarship program for students pursuing a career in actuarial science. The CAS Trust Scholarship Program will award up to three $1,500 scholarships to deserving college students for the 2004-2005 academic year. The intent of the scholarships is to further students' interest in the property/casualty actuarial profession and to encourage pursuit of the CAS designation. The CAS Trust Scholarship Subcommittee, chaired by Leslie Marlo, administers the scholarship in conjunction with the CAS Office.
To be eligible, an applicant must be a permanent resident of the U.S. or Canada and admitted as a full-time student to a U.S. or Canadian educational institution. Applicants must also have demonstrated high scholastic achievement and strong interest in mathematics or a mathematics-related field. Preference will be given to applicants who have passed at least one actuarial exam.
Applications are available online. Recommendations, transcripts, actuarial exam results, work experience, and written essays will all be considered in selecting the award recipients. Completed applications for the upcoming year are due by May 3, 2004.
Established in 1979, the Casualty Actuarial Society Trust affords CAS members and others an income tax deduction for funds contributed and used for scientific, literary, or educational purposes. Trust donations from 1997 to 2003 from D.W. Simpson and Company have totaled $80,000 and helped the Trust balance reach a level that would support an annual scholarship program.