SCHOLARSHIP PROGRAMMES

The CAA Actuarial Science Scholarship

The inaugural CAA Actuarial Science Scholarship was awarded for the 2024-2025 academic year in memory of the late W. ST. ELMO WHITE. 

The Scholarship award is US$1,500.

Candidates for the Scholarship must:

  • be CARICOM nationals

  • be in their second, third or final year of an actuarial science undergraduate program at the University of the West Indies, St. Augustine or University of Technology, Jamaica (UTECH)

  • have a minimum GPA of 3.0

A Candidate can receive no more than two (2) CAA Actuarial Science Scholarship awards during their undergraduate studies.

How to Apply:

Email the following to studentrep@caribbeanactuaries.com:

  • CAA Application Form

  • Unofficial Transcript

  • Resume (including 2 References)

The application deadline for the 2026-2027 academic year is August 31, 2026 and the scholarship will be awarded in September 2026.

Download Form

Actuarial Science Scholarships of the Caribbean (ASSC)

The Actuarial Science Scholarships of the Caribbean (ASSC) is a new non-profit initiative providing financial support to Caribbean actuarial students and working professionals pursuing actuarial qualifications.

For 2026, ASSC will offer scholarships to eligible working professionals who are funding their actuarial examinations without employer financial assistance, with awards of up to US$1,000 for associate-level candidates and US$1,500 for fellowship-level candidates.

Applications will be accepted November 1 – 30, 2026.

The ASSC was created in 2025 by CAA President, Nicola Barrett, and is led by a board of five persons in the United States.

See ASSC LinkedIn Post (Sep 20 2025) for more information.

Download Form

Nicola and Aston Barrett Scholarship

Nicola Barrett is a Jamaican actuary who obtained her Master of Actuarial Science degree at Georgia State University. Her father, Aston Barrett, graduated from The University of Technology (then called The College of Arts, Science and Technology), and she endowed a scholarship in both their names when she became CAA President-Elect in December 2023.

This $1000 USD scholarship is offered annually to two (2) final year students in the Actuarial Science program at the University of Technology.

For more information about this scholarship, click here.

Caribbean Actuarial Scholarship

The Caribbean Actuarial Scholarship is an annual award to University of the West Indies (UWI) actuarial student(s) who demonstrate a strong record of accomplishment, leadership qualities and commitment to becoming an actuary. 

The Caribbean Actuarial Scholarship was established in 2008 in memory of Basil L. and Monica G. Virtue by their son-in-law, S. Michael McLaughlin, FSA, FIA, MAAA, CERA, an actuary who graduated from UWI.

The Scholarship award(s) covers educational expenses. The Actuarial Foundation awards this scholarship in the following levels:

$2,000 – student entering second year of studies and
$3,000 – student entering third year of studies. 

Further information about this scholarship can be found here.

Fullerton-Long Actuarial Futures Scholarship

Norbert Fullerton and Andrew Long are proud graduates of The University of the West Indies (UWI) and patrons of the IFoA Foundation. They established the Fullerton-Long Actuarial Futures Scholarship in recognition of the enormous impact UWI had on their education, personal development and careers, and with a desire to give something back to the next generation.

The scholarship supports talented actuarial students who demonstrate strong academic performance, leadership potential and a commitment to becoming actuaries. Alongside financial support towards their university education, scholars receive mentoring and career guidance from experienced actuaries.

Since its launch, the programme has grown to support over 40 scholars in the Caribbean and the UK, helping talented young people pursue actuarial careers regardless of their financial circumstances.

For more information about the Fullerton-Long Actuarial Futures Scholarship, click here.

The Stephen Alleyne Scholarship

This Scholarship is awarded annually to a final year student of the BSc degree programme in Actuarial Science at the University of the West Indies, Mona Campus. Candidates must have a record of strong academic performance.

Stephen Alleyne, FFA, was a founding Member of the Association, who served on its Executive Council from 1992 to 1998 holding several positions including First Vice President. He was the first qualified Barbadian actuary to serve as the Appointed Actuary of a local insurance company, and was the President and CEO of Life of Barbados Limited.

The Scholarship award is US$2,500. 

Candidates for the Scholarship must

  • be CARICOM nationals in their final year of the BSc degree in Actuarial Science at the Mona Campus of the University of the West Indies

  • have a B+ average or its equivalent and must maintain this average for the duration of the award

  • be in financial need

The application Form may be downloaded from the UWI website here and returned to the UWI Office of Student Financing by the stipulated deadline.

Please email us at caa.secretariat@caribbeanactuaries.com for further details or contact the Office of Student Financing, University of the West Indies, Mona Campus.