Closing Date: 30 April 2024
Milliman: Scholarship / Bursaries 2024
Milliman is inviting students to apply for their Scholarship programme, for the 2025 academic year. The aim of the Milliman Scholarship is to assist students of ethnic groups who have historically been under-represented in the fields covered by the program.
The scholarship is open to students from South Africa, as well as the United States, Canada, United Kingdom, Ireland and Australia, for undergraduate studies majoring in any of these fields:
- Actuarial Science
- Computer Science
- Data Analytics
- Data Science
- Economics
- Finance
- Mathematics
- Programming
- Statistics
The scholarship will cover studies for the 2025 academic year for students from South Africa or Australia, and will cover studies for the 2024-2025 academic year for students from the United States, Canada, the United Kingdom or Ireland.
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Eligibility Requirements:
Applicants must satisfy the following minimum entry criteria before applying (please note that failure to satisfy all the requirements will lead to your application not being considered):
- You must belong to one of these qualified ethnic minority groups:
- South African citizens: must have at least 1 birth parent who is Black or Coloured
- United States and Canada citizens: must have at least 1 birth parent who is of African descent, Latino/ Hispanic, Native North American, or Pacific Islander
- United Kingdom and Ireland citizens: must have at least 1 birth parent who is Black African, Black Caribbean, Irish Traveller or Gypsy
- Australia citizens: must have at least 1 birth parent who is Aboriginal or Torres Strait Islander
- You must reside in and attend a university in one of these countries: South Africa, Australia, United States, Canada, Ireland or the United Kingdom
- You must be in your final year of high school (Matric or high school senior) OR pursuing undergraduate studies (technical or university-level)
- You must have a strong academic record
- You must plan to enroll in full-time studies, towards an undergraduate qualification in one of the fields listed above, at an accredited institution in South Africa, Australia, United States, Canada, Ireland or the United Kingdom
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Applicants should take note of the following selection details:
- All applications will be reviewed by the Scholarship America evaluation team.
- Scholarship America will select finalists based on the following: academic record and response to 3 essay questions.
- Milliman Inc. will select recipients from the group of finalists. The following may be taken into consideration: demonstrated leadership and participation in school and community activities, work experience, financial need as stated in the application.
- Preference will be given to previous scholarship recipients.
- Applicants will be notified of their outcome towards the end of June 2024.
- Scholarship America will processes payments on behalf of Milliman – payments will be issued to the institution in August 2024. Students outside the United States and Canada will receive funds via wire transfer.
- Scholars and institutions must be eligible to receive funds from the United States per the Office of Foreign Assets Control, United States Department of the Treasury.
How to Apply
Applications must be submitted online at: Milliman Scholarship Application 2025
Applicants will be required to Create an Account before they can Login and apply.
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Required Documents:
Submit clear copies of the following supporting documents along with your completed online application:
- Current and complete transcript of your grades (displaying your full name, school name, results and credit hours for each course and term in which each course was taken)
- United States and Canada students: if you submit SAT or ACT test scores, and those scores are not stated on your high school transcript, you will be required to submit a copy of your test score report(s) separately. If you are submitting a college transcript, those scores are not required
- Any other available professional test scores, including but not limited to results from the SOA CAS, ASSA and IFoA
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