Heartland Chapter
(Includes the states of Iowa, Kansas, Minnesota, Missouri, Nebraska, North Dakota, South Dakota)

AICP Heartland Chapter Jim Latteman Scholarship Criteria and Application

AMOUNT: $500.00 Scholarship

ELIGIBILITY:

• Applicant must be sponsored by a current Heartland AICP member in good standing at time of application;

• Applicant must be enrolled full time (as defined by the school attending) in college and plan on doing course work in the field of Insurance, Risk Management, Business, Mathematics, with an actuarial emphasis, Finance, Accounting, Economics, Management, or Statistics. A Graduate student who is working towards an MBA in Insurance, Risk Management, or Mathematics, with an actuarial emphasis, is also eligible;

• Applicant must have a cumulative G.P.A. at time of application of at least 2.75;

• Applicant must provide the scholarship committee with a completed application, along with a resume noting such items as academic achievements (if any), involvement in scholastic activities, any extracurricular activities, leadership roles (if any), and a short narrative describing the applicant's current and future interest to pursue education/career in the insurance field. The application is to be accompanied by a letter of recommendation.

• Applicant (including past recipients of scholarship) may re-apply each year.

APPLICATION REQUIREMENTS:

Applicants must submit the following information for consideration:

• An official transcript of most recent grades;

• A completed application;

• A resume noting such items as academic achievements and involvement in scholastic activities, extracurricular activities, and leadership roles;

• A short narrative describing current and future interest to pursue education/career in the insurance field; and

• A letter of recommendation.

JUDGES:

The Scholarship Selection Committee will be comprised of the Scholarship Committee. The individuals on the committee must have no ties or relationships to any applicant. In the event one of them is related to or otherwise closely connected with an applicant, they must immediately inform the other members of the committee and recuse themselves from the selection process. At that point the current chapter president will appoint a replacement to the committee.

SELECTION PROCESS:

The Scholarship Selection Committee will make their selection based upon the following criteria:

1. Grade Point Average.
2. Involvement in extra-curricular activities.
3. Level of educational interest and dedication to the insurance industry.

The Scholarship Selection Committee will vote on each of the above categories for each nominee on a scale of 1 – 5, with 5 being high. Each member then would recommend a maximum of 15 points per nominee. All committee members' votes will be tallied for each candidate and the candidate with the highest score will be awarded the scholarship. Chairman of the selection committee will verify that the winning candidate is a full time student with their school.

IMPORTANT DATES:

Completed applications and all supporting requirements are to be sent to the Chairperson of the Scholarship Committee by no later than April 1st. The Chairperson will send copies of all material to the other committee members for their review. The committee members will review all applications, confer and determine the scholarship winners by no later than May 15th. The Committee Chair will have the privilege of notifying the winner and directing the Chapter Treasurer to mail the $500.00 check to the applicant's educational institution by no later than August 1st. Form letters will be sent to the non-winning applicants by August 1st or when the winner is notified if before August 1st. The scholarship winner will be announced via e-mail to the chapter, through an AICP Press Release, and on our website.

Mail application to:

Connie Doud, CPCU, CCP Farmers Mutual Hail Ins. Co. of Iowa 6785 Westown Parkway West Des Moines, IA 50266

Click here to access the Application