Finance, Insurance & Real Estate
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Scholarship Opportunities

The scholarship opportunities listed on this page are available every year, so all listed deadlines should be interpreted as occurring during the current year.

1. Spencer Educational Foundation Scholarship Program (Deadline: January 30)

Click here for a copy of the Spencer Scholarship Application Form

2. Central Texas CPCU Society Scholarship Program (Deadline: March 31)

The Central Texas Chapter of the CPCU Society is pleased to announce the availability of three scholarships in the amount of $2,000 each for local college and university students who are majoring or minoring (a "concentration") in insurance, risk management or actuarial science.

Founded in 1944, The Chartered Property Casualty Underwriters (CPCU) Society is a community of credentialed property and casualty insurance professionals who promote excellence through ethical behavior and continuing education. The CPCU Society's mission is to "meet the career development needs of a diverse membership of professionals who have earned the CPCU designation, so that they may serve others in a competent and ethical manner."

Candidates for the scholarships must meet the all of the following requirements:

1. Is presently a candidate for a bachelor's or higher degree with a major or minor (a "concentration") in insurance, risk management, or actuarial science.
2. Is currently attending a central Texas college or university and will be completing or have completed his/her second year.
3. Has successfully completed a course in insurance, actuarial science, or risk management, or industry certificate-oriented or designation-oriented course such as CPCU 510.
4. Currently has a grade point of at least 3.0 (on an overall 4.0 scale).
5. Is presently NOT receiving full reimbursement for the expense of tuition, books, testing fees, from an employer or any other outside source.

Applications may be made online at http://centraltexas.cpcusociety.org/page/57813/index.v3page. All submissions must be received no later than March 27th. Scholarship recipients will be notified directly of their award. Awards will be presented at the Chapter's April Luncheon in Austin, Texas.

3. Central Texas RIMS Scholarship Program (Deadline: May 1)

Each year the Central Texas Risk and Insurance Management Society offers two $1,000 cash scholarships to students from local colleges and universities.  The deadline for this scholarship is May 1. Applicants must be a full-time junior, senior, or graduate student.  Criteria for selection include a good GPA, risk management or insurance courses, work experience, and membership or participation in related professional organizations (e.g., Gamma Iota Sigma).

Click here for a copy of the Central Texas RIMS Scholarship Application. 

4. Dallas/Fort Worth RIMS Scholarship Program (Deadline: September 15)

Click here for a copy of the Dallas/Fort Worth RIMS Scholarship Application. 

5. Insurance Council of Texas (Deadline: September 28)

The Insurance Council of Texas (ICT), Austin, Texas, a trade association of property and casualty insurers writing business in Texas, has established a scholarship program to encourage business students at Baylor University to study risk management and insurance. (For more information about ICT, see ICT's web site at http://insurancecouncil.org.)

ICT will offer $2,000 scholarships each year for five students who are either enrolled in FIN 3305 (Principles of Risk Management and Insurance) or students who have completed FIN 3305 and who are enrolled in any of the following 4000 level Risk Management and Insurance courses: FIN 4310 (Fundamentals of Life and Health Insurance), FIN 4320 (Fundamentals of Property and Liability Insurance), FIN 4330 (Employee Benefit Planning), and FIN 4335 (Business Risk Management). To be eligible for an ICT scholarship, a student must have a cumulative GPA of at least 3.0 at the beginning of the semester in which the scholarship is awarded or be highly recommended by their professor. Generally, all scholarships will be awarded during the fall semester. However, if a sufficient number of qualified candidates cannot be identified to receive scholarships during the fall semester, funds may be carried over and awarded during the spring semester.

Eligible students can expect to be notified by no later than September 12. Scholarship applications from eligible students must include 1) an academic transcript (an "unofficial" copy obtained directly from the registrar's office or online using Bearweb will suffice), 2) a copy of the applicant's resume, and 3) a letter from the applicant to ICT explaining his/her career plans and why he/she feels deserving of an ICT scholarship. The deadline for submitting completed applications is September 28. Applications should be submitted by this date to Ms. Peggy Davies (Office: HSB 344, phone: 710-4774, email: peggy_davies@baylor.edu).

Scholarship recipients will be notified by the ICT by no later than October 15. ICT will then issue a news release accompanied by pictures of each of the scholarship recipients. In addition, ICT will publish a separate news release about the Scholarship Program and include a picture of all of the recipients.

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