AICP Scholarship Program

About the AICP

The Association of Insurance Compliance Professionals (AICP) serves the insurance compliance community by promoting relationships, exchanging information, and providing learning opportunities within a dynamic regulatory environment. The AICP is dedicated to promoting regulatory competence and awareness for the improvement of regulatory compliance within the insurance industry. Additional information can be obtained at www.aicp.net or by calling (703) 234-4074.

Scholarship Amount

Up to three (3) $1,000.00 scholarships may be awarded annually for tuition and fees to an accredited educational institution. Disbursement of scholarships for tuition and fees will be made directly to an accredited educational institution. Scholarships are not renewable; however, a recipient may reapply.

At a minimum:

• An undergraduate applicant must be a full-time student, as defined by the accredited educational institution the applicant is attending, and must have completed the first year and one semester of the second year in that educational institution.
• A graduate applicant must be taking at least two courses at an accredited educational institution and must have completed four (4) graduate credit courses in his/her chosen program.
• The applicant's status must meet the above requirements for the term subsequent to when the scholarship is awarded.
• Applicants must have declared his/her major course work to be in the field of Insurance, Actuarial Science, Economics, Finance, Management, Mathematics, Risk Management, Statistics, or a Business-related field.
• Applicants must have a cumulative G.P.A. at the time of application of at least 2.75.

Applicants must submit the following information for consideration:

• A completed application.
• An official transcript of his/her most recent grades or a copy of his/her latest report card, providing that it shows the cumulative grade point average.
• A resume noting such items as academic achievements and involvement in scholastic activities, extracurricular activities, and leadership roles.
• A short narrative describing any current and/or future interest to pursue education/career in the insurance field.
• A letter of recommendation from a teacher, employer, business or civic leader, or member of the clergy.

The Scholarship Selection Sub-Committee will make their selections of the eligible candidates based upon:

• Grade Point Average;
• Involvement in extra-curricular activities; and,
• Level of educational interest and dedication to the insurance industry.

Preference will be given to an AICP member or a relative of an AICP member. Individuals (including past recipients of scholarship) may re-apply each year. Incomplete applications and late materials will not be considered. The AICP reserves the right to reject any applicant, at any time, for any reason.

Send completed applications and all supporting documents to the AICP Association Headquarters at the following address by no later than June 1st:

Scholarship applicants will be notified by July 1st. Pending verification of enrollment, payment will be made to the educational institution by August 1.

Click here to download a copy of the application.