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Modeling the Future Challenge

Modeling the Future Challenge

Applicable For:

High School Students

Max Award Amount:


Application Deadline:

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About This Scholarship

The Modeling the Future Challenge is an annual competition that challenges high school students to develop mathematical models to solve real-world problems. The competition is hosted by the Actuarial Foundation, a nonprofit organization that promotes math education and financial literacy.

The solutions are judged based on several criteria, including the accuracy and effectiveness of the model, the quality of the written report, and the team’s presentation skills. The challenge is open to high school students in the United States and Canada, and no prior experience with mathematical modeling is required to participate. However, students are encouraged to have a strong background in mathematics and problem-solving skills.

The top three teams in the competition receive cash prizes, and the winning team also receives an all-expenses-paid trip to the annual conference of the Society of Actuaries to present their solution to industry professionals.

The Modeling the Future Challenge is a great opportunity for high school students who are interested in math, science, and engineering to apply their skills to real-world problems and gain valuable experience in mathematical modeling.

Eligibility Criteria For Modeling the Future Challenge

The eligibility criteria for the Modeling the Future Challenge vary depending on the specific challenge, as there are several different challenges offered under this program. However, here are some general eligibility requirements that may apply:

  • Age: Most challenges are open to high school students who are at least 13 years old. Some challenges may have different age requirements, such as college students or adults.
  • Location: The challenge is open to participants worldwide, although some challenges may have specific geographic restrictions.
  • Interest in STEM: Most challenges focus on topics in science, technology, engineering, and mathematics (STEM), so participants should have an interest in these subjects.
  • Teams: Some challenges may require participants to form teams and work together to solve a problem or complete a project.
  • Access to technology: Participants should have access to a computer or other technology needed to complete the challenge, such as software or data analysis tools.

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