OLA Study Material Stipend

Taking your first exam? We can help you with study materials AND half of your exam fee! You need to fill out a different application here: First Time Exam Taker Application..

OLA understands some of you may have trouble paying for exam study materials, especially during these difficult times where many families have lost income due to the economic disruptions caused by COVID-19.

Passing actuarial exams takes a lot of time and dedication. There are various study manuals and online courses designed to help you learn the material and provide practice problems to prepare you for the exams.

For this reason, OLA will be providing a financial stipend to eligible candidates who need financial support and are selected for this award, to be used towards the exam material of their choice. The Stipend for exams P/1 and FM/2 is $200. The Stipend for exams FAM (SOA route) or MAS (CAS route) is $300.

Eligibility: Latine actuarial candidates studying for exams P/1, FM/2, FAM or MAS who plan to purchase their study materials within 45 days or who purchased study materials no more than 60 days prior to submitting this application. Applicants need to live or study in the U.S. Applicants need to be registered in the OLA Academy (or register within 48 hours). This stipend is not designed for individuals with full-time Jobs in an actuarial position with exam support.

Payment: OLA will send a $200 or $300 check as applicable to the candidates who apply for this stipend and are selected for this award regardless of the exam material selected. The number of awards given will be subject to funding. Winners need to send the receipt of the exam material purchased. If you haven’t purchased the study material, you can submit the receipt of the study material once selected for this award.

If you have any questions about this application, please contact us at examsupport@latinoactuaries.org

Name *

First Name Last Name

Email address *

Phone number *

Area code Phone number

Address

Street Address

Street Address Line 2

City State / Province

Postal / Zip Code

College/University *

Graduation Date *

Month/Year

Are you Latinx? *

Yes No

Have you applied to the OLA Academy? (required to be eligible for this stipend) *

Yes No I will within 48 hours (*link below)

For which exam are you requesting the study material stipend for? *

1/P 2/FM FAM MAS IFM

Exam Date *

Month/Year

What study material do you plan to use for this exam? *

When did you purchase the material (or plan to purchase it)? *

Month/Year

Are you in an actuarial internship or job with financial exam support? *

Yes No

Have you passed any exams and if so which? *

1/P 2/FM None so far

If you have passed an exam, when did you pass the last one?

Month/Year

Have you failed any of these exams with 4 or 5? *

1/P 2/FM IFM MAS FAM None so far

If you failed and exam with 4 or 5, when was the last one?

Month/Year

What motivates you to pursue an actuarial career? *

0/200

Explain why this financial help is important to you *

0/200

How did you find out about this stipend? *

Please add your initials to confirm that you have not and will not apply for a Stipend for the same exam from any another source.

Please submit the receipt of the study material (only if purchased already)

If you haven’t purchased the study material and are selected for this stipend, you can submit the receipt of the study material purchased afterwards to examsupport@latinoactuaries.org

Attention! If within the last 12 months you passed, or failed with grade 4 or 5, any of the following exams: P/1, FM/2, IFM, LTAM or CAS MAS-I, your exam fee can be reimbursed by the SOA/CAS diversity exam reimbursement program! For more information: https://www.beanactuary.org/diversity-programs/diversity-exam-reimbursement-program/

OLA Academy: This online program is designed to help you gain skills needed to land an actuarial internship or job! In 2020 we helped over 80 candidates get into the industry! We can help you succeed this upcoming recruitment season but you need to start preparing now!

Learn about OLAA here: OLAA Introduction

Apply here! OLA 2021 Academy Application

OLA Stipend for Exam Study Material