Milliman, a global leader in actuarial, risk management, and related technology and data solutions has established the Milliman Opportunity Scholarship program to assist students of ethnic groups who have historically been under-represented in the fields of actuarial science, data science, computer science, economics, and programming.
The program is administered by Scholarship America®, the nation’s largest designer and manager of scholarship, tuition assistance, and other education support programs for corporations, foundations, associations, and individuals.
Eligibility for individual programs is determined at the sole discretion of Milliman, and eligible applications are reviewed by Scholarship America’s evaluation team.
Applicants to the Milliman Opportunity Scholarship must meet the following criteria:
Fifteen (15) to twenty-five (25) awards of no less than US$ 5,000 will be granted. Awards are not renewable, however, students may reapply to the program each year they meet eligibility requirements.
Awards are for undergraduate study only.
Scholarship America will select scholarship finalists based upon the applicant’s academic record and their response to three essay questions.
From the pool of finalists, the Sponsor (Milliman Inc.) will select recipients. Demonstrated leadership and participation in school and community activities, work experience, and financial need as noted in the student’s application may be considered by the Sponsor in recipient selection. Provided there are qualified applicants, the diversity of the recipients will broadly reflect the diversity of the applicant pool.
Preference will be given to past recipients. Any qualified 2021 recipients who apply as part of the 2022 program will be forwarded to sponsor for consideration.
Not all applicants to the program will be selected. All applicants agree to accept the decision as final.
All applicants will be notified in late June.
Scholarship America processes scholarship payments on behalf of Milliman. Payment is made payable to the school in August. Students outside the United States and Canada will receive funds via wire transfer.
All recipients and their educational institutions must be eligible to receive funds from the United States per the Office of Foreign Assets Control, United States Department of the Treasury.
As part of your application, you must upload the following:
NOTE for United States and Canada students: If you are providing SAT or ACT test scores, and those scores are not listed on your high school transcript, you will need to upload a copy of your test score report(s) separately. If you are uploading a college transcript, those scores are not required.
If any professional test scores are available, including but not limited to results from the SOA CAS, ASSA and IFoA, include those as well.
Your application is not complete unless all required materials are submitted electronically.