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Scholarship Opportunity Alert! The Spencer Educational Foundation awards merit-based Undergraduate, Full-Time Master’s, Part-Time Master’s and PhD scholarships to students who demonstrate a passion for Risk Management and Insurance. The application for the 2022-2023 academic year is currently open, with a January 31st, 2022 deadline. To apply, click HERE.
Why Apply for a Spencer Scholarship?
- Not only does receiving a Spencer Scholarship reduce the financial pressure of tuition, but it is also a prestigious honor.
- More than 1300 individuals have received scholarships from Spencer since 1980, and 85% of recipients stay in the industry. That’s a big network to be a part of!
- All Undergraduate scholarship recipients are also given the opportunity to be partnered with an alumni mentor who is currently in the industry.
- All students who apply for a 2022-2023 Spencer Scholarship will automatically be considered for a number of Named Scholarship awards, in addition to the general Spencer Scholarship. (For a complete list of these opportunities, visit Spencer’s website HERE and scroll down to “Named Scholarships”)
Eligibility Requirements:
Undergraduate Scholarship Applicants – Undergraduate Spencer scholarships are awarded in the amount of $5,000, with limited $7,500 and $10,000 scholarships awarded to the highest-ranked applicants. Spencer awards scholarships to full-time undergraduate students who meet the following criteria:
- Must seek a career in Risk Management/Insurance.
- Must be enrolled at an accredited college/university in the United States or Canada for the full 2022-23 academic year (at least 2 semesters, from September 2022-May 2023).
- Relevant work/internship experience and leadership skills preferred.
- Must be majoring/minoring in Risk Management/Insurance or a related field of study (e.g., actuarial science, business, finance, information technology). A Risk Management/Insurance major/minor is preferred, but applicants in related fields of study will be considered.
Full-Time Master’s Scholarship Applicants – Spencer awards $10,000 scholarships to full-time students pursuing a master’s degree who meet the following criteria:
- Must seek a career in Risk Management/Insurance.
- Must be enrolled full-time (12 hours or more per semester) at an accredited college/university in the United States or Canada for the full 2022-23 academic year (at least 2 semesters, from September 2022-May 2023).
- Relevant work/internship experience and leadership skills preferred.
- Must be majoring/minoring in Risk Management/Insurance or a related field of study (e.g., actuarial science, business, finance, information technology). A Risk Management/Insurance major/minor is preferred, but applicants in related fields of study will be considered.
Part-Time Master’s Scholarship Applicants – Spencer awards Part-time Master’s Scholarships of up to $10,000 to risk practitioners who attend graduate school part-time while working full-time. Spencer award scholarships to Part-Time Master’s students who meet the following criteria:
- Must be enrolled part-time (12 hours or more per year) while working as a risk practitioner full-time.
- Must be studying Risk Management/Insurance or a related field of study.
- Must provide documentation outlining employer’s tuition reimbursement policy.
PhD Candidates – Spencer awards $10,000 scholarships to pre-dissertation Ph.D. Candidates and Doctoral Candidates who meet the following criteria:
- Must be enrolled full-time (12 hours or more per semester) at an accredited college/university in the United States or Canada for the full 2022-23 academic year (at least 2 semesters, from September 2022-May 2023).
- Must be studying Risk Management/Insurance
Non-Discrimination Policy: Spencer awards scholarships on the basis of merit, and does not discriminate on the basis of race, color, religion, sex, sexual orientation, gender identity or expression, age, disability, marital status, citizenship, national origin, or military status.
Questions? Contact Spencer’s Program Manager, Rachael Lieblein-Jurbala at rjurbala@spencered.org, or by phone at 315-569-9173.
