STEM Stars Actuarial Scholars Program
More Than a Scholarship
The actuarial profession has a diversity challenge. Research shows dramatic disparities in career attainment for minorities. The Society of Actuaries (SOA) and Casualty Actuarial Society (CAS) estimate that only 2.7% and 1.5%, respectively, of U.S. members are Black. Latinx members only make up 1.9% and 1.8%, and Native American members are only 0.5% of the total CAS membership in the U.S. The STEM Stars Actuarial Scholars Program was created to help increase diversity in the actuarial profession.
Many scholarship programs have been developed to increase diversity, yet the needle hasn’t moved. A new approach is needed.
STEM Stars is a new scholarship program from The Actuarial Foundation and Founding Partner the Society of Actuaries (SOA).
The STEM Stars Actuarial Scholars Program identifies, recruits and supports high school students who are skilled in math and interested in the actuarial field.
We believe we can move the needle on diversity in the actuarial profession by providing support that starts in high school, extends into college and continues through a career.
The STEM Stars Actuarial Scholars Program offers high school seniors a $20,000 scholarship ($5,000 annually for four years).
Along with financial support, the program includes mentoring, tutoring, immersion experiences and exposure to internships and job shadowing opportunities.
Are You Interested in Becoming An Actuary?
If you think a career as an actuary may be for you, then consider applying for the STEM Stars Actuarial Scholars Program. You'll get $5,000 of financial support per year throughout college, a summer orientation, access to mentors and other opportunities to build your job experience.
Congratulations to the First Cohort of STEM Stars Scholars!
20 students were selected from 64 applications (out of 139 total applicants) that made it to the review committee.
Meet the 2022–23 STEM Stars Scholars
Get Involved with STEM Stars
The applications for the 2023 scholarship season are open. Apply today! The application deadline is April 10, 2023.
Spread the word about the STEM Stars Actuarial Scholars Program opportunity.
Actuaries | Volunteers
Make a commitment to mentoring and guiding Scholars through the first four years of college, exams and into actuarial careers. Sign up to be a mentor.
Partners | Donors
If you or your company/organization is interested in partnering with The Actuarial Foundation to increase diversity in the actuarial profession, contact us today.
If You Like Math and Business
... then you will love being an actuary! Hear firsthand from professionals about what it means to be an actuary and what they love about their jobs. As a STEM Stars Scholar, you'll receive mentoring and support from actuaries in the industry.