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

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AICP Heartland Chapter Jim Latteman Scholarship Criteria and Application

The chapter's primary objective is to foster learning opportunities for the insurance compliance community. The Heartland Chapter of AICP will award an annual scholarship, in the amount of $500.00, in an effort to further insurance education, and encourage, support, and reward college students who have an interest in insurance as a career.

This scholarship is named in the memory of long time AICP Heartland Chapter member Jim Latteman. A former Director of IT for the Missouri Department of Insurance, Jim then moved on to the NAIC where he became one of the founding developers and marketers of SERFF.



AMOUNT: $500.00 scholarship

ELIGIBILITY:

• Applicant must be:
  • A Heartland Member in good standing at the time of application or a spouse (including domestic partner and civil union partner), son, daughter, grandson, granddaughter (including step and custodial relationships) of a Heartland member in good standing at time of application,
  OR
  • Sponsored by a current Heartland AICP member in good standing at time of application and be a permanent resident in the Heartland region (Iowa, Kansas, Minnesota, Missouri, Nebraska, North Dakota, or South Dakota);
  
  
• Heartland members must be enrolled taking at least six hours per semester or at least half-time as defined by the institution.
  
  
• All other applicants must be enrolled full time in college.
  
  
• All applicants should be 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 three (3) letters of recommendation from several sources (i.e.: teachers, employers, business or civic leaders, clergy, etc.).
  
  
• 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 them self 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.
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.

IMPORTANT DATES:

Completed applications and all supporting requirements are to be sent to the Chairperson of the Scholarship Committee by no later than May 15th. 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 31st. 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. The scholarship winner will be announced via e-mail to the chapter, through an AICP Press Release, and on our website.

Mail application to:

Bonnie Blue Principal Financial Group 711 High Street, K-005- E81 Des Moines, IA 50392-0002

Click here to access the Application