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Every day, in many ways,
That is why The Actuarial Foundation partners with actuaries and others to equip the public with the tools it needs to make informed decisions and cultivate the next generation of math-skilled thinkers.
Researchers continually find that American students are not prepared to apply math in real-life situations, which puts them at a disadvantage when they become adults.
of students entering community college are unqualified to take college math classes.
In a recent international exam given to teenagers, the U.S. ranked 31st in math literacy out of 79 countries and economies.
states require a personal finance course to graduate high school.
of adults do not use a budget.
Bridging the Gap
Since 1994, we've empowered students with free math education and financial literacy programs and resources.
Over 1,000 students registered in 2022-2023 for our Modeling the Future Challenge—a 47% increase from the previous year.
118 students received a scholarship from The Actuarial Foundation in 2022.
523 Math Motivators volunteers tutored 1,538 students virtually and in person during the 2022-2023 school year, for a total of over 17,000 hours.
5,273 students from 46 states entered in 2022-2023 for the Hardest Math Problem Contest.
Featured Programs and Resources
Free Math Tutoring
Math Motivators is a volunteer-driven math tutoring program that offers free virtual and in-person math tutoring to underserved students in grades 3-12 who need and want tutoring but otherwise cannot afford it. Math Motivators primarily focuses on Algebra 1 and pre-Algebra, but can support any math subject, including AP Calculus. We also offer a free prep program for the math section of the SAT and ACT.
High School Math Competition
The Modeling the Future Challenge is a real-world, mathematical analysis competition for high school students culminating in a national Symposium and up to $60,000 in college scholarships, prizes and awards.
The STEM Stars Actuarial Scholars Program offers high school seniors a scholarship of $20,000 ($5,000 annually for four years). Along with financial support, it includes mentoring, tutoring, immersion experiences and exposure to internships and job shadowing opportunities.
The Actuarial Foundation is a Joint Effort
Since 2004, The Actuarial Foundation has received unwavering support from the U.S. actuarial organizations. Their trust and dedication to the Foundation’s mission are key elements to our continued growth and success as the philanthropy for actuaries in the United States.