University Grant Program
The WSIA Education Foundation engages risk management and actuarial science students across the country as part of its mission to support the development of a quality talent pipeline for the wholesale, specialty and surplus lines market. To do this, the Foundation collaborates with more than 100 risk management and actuarial science programs through educational events, scholarships and grants. The grant program has been significantly expanded and now includes a variety of opportunities for financial assistance to universities and students.
Friend of the Program ($250-$500 per year)
The Foundation provides small grants to insurance programs raising funds for their risk management and insurance program or Gamma Iota Sigma chapter through a specific fundraising event, such as a golf tournament, or through programs such as a risk management and insurance information session, career fair or mock interviews.
- The Foundation has allocated a total of $10,000 annually in support of the Friend of the Program grants; $5,000 in the fall and $5,000 in the spring and will be awarded on a first come, first served basis.
- Small grant requests are considered only if the benefit accrues directly to the university program and its students rather than a third party. For example, the Foundation does not donate to philanthropic efforts designed to support a third party, such as a local charity.
- There is no required form to complete. Grant requests may be emailed to Julie Fritz, firstname.lastname@example.org or Chris Timmerman, email@example.com and should include information explaining the grant request and its purpose along with any documentation about the event or expenses to be incurred. This could include a marketing flyer or estimated costs from a business. Gamma Iota Sigma officers or other students may submit a proposal on behalf of their program and should include a faculty sponsor on that email.
- If funding is approved, the requesting organization will need to submit an IRS Form W-9 to WSIA.
Emerging Program Grants
The Foundation desires to provide support to burgeoning risk management or actuarial science programs in their first five years of existence. This component of the Foundation’s grant program includes three opportunities for assistance:
WSIA Education Foundation Extreme Risk Takers Symposium Series Participation for up to 10 students. The grant includes a waiver of the registration fee for the Fall 2021 symposiums:
(Please note: The three Spring 2021 symposiums will be offered virtually and fees will be waived, and therefore, grant requests do not need to be submitted)
- Tempe, AZ - October symposium is for actuarial science, data science/analytics, mathematics, and statistics majors.
- Atlanta, GA - November 11-12 symposium is for risk management and insurance majors.
- Click here for more information on the symposiums.
- Only one award per university program is permitted annually.
- Please complete and submit this form to be considered for this grant. If you have any questions, please contact Chris Timmerman, firstname.lastname@example.org.
Extreme Risk Takers – Tempe – September 23, 2021
Extreme Risk Takers – Atlanta – October 14, 2021
Classroom/GIS Speakers (up to two per semester, with specific focus on the wholesale, specialty and surplus lines market)
On-Campus Career Fair Participation (one per semester)
- To request participation in a career fair, please complete the College Visit Request Form or contact Chris Timmerman, email@example.com.
E&S Immersion Grant
All risk management and actuarial science programs are eligible for this grant. In order to be considered, the request must be specifically focused on the wholesale, specialty and surplus lines market through education, an experience or an event.
- Up to four grants will be approved per application period, one in the fall and one in the spring.
- Please note, the average grant award is approximately $5,000 and the Foundation strives not to be the sole or majority-funder of any risk management or actuarial science program.
- To be considered, applications must be submitted by the application deadline and the purpose in requesting grant funds must occur after the grant is awarded. It is the responsibility of the applicant to illustrate how the request will promote visibility, awareness and understanding of the wholesale, specialty and surplus lines market, driving student interest in this unique, exciting segment of the insurance industry.
E&S Immersion Grant required components:
Grant requests should be submitted here
- Brief description of the request
- Outline of the goals and objectives of the request
- Breakdown of funds required to support the request
- Description of measurable outcomes that will result
- Proposed reporting on measurable outcomes
. Completed proposals will address each of the required components, and only complete proposals should be submitted. If funding is approved, the requesting organization will need to submit an IRS Form W-9 to WSIA.
- Fall 2020 deadline: November 17, 2020 (for awards January – June 2021; awards announced December 11)
- Spring 2021 deadline: April 16, 2021 (for awards July – December 2021)