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NAMIC Mutual Insurance Foundation Scholarship Program

NAMIC Mutual Insurance Foundation Scholarship Program

Applicable For:

Undergraduate Students

Max Award Amount:

$5,000

Application Deadline:

31/03/2023
Apply Here
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About This Scholarship

This Program is a scholarship program that is offered to undergraduate students who are pursuing a degree in insurance or a related field. The program is sponsored by the National Association of Mutual Insurance Companies (NAMIC) Mutual Insurance Foundation, which is a nonprofit organization that supports educational initiatives and programs in the insurance industry.

The scholarship provides financial assistance to cover tuition, fees, books, and other educational expenses for one academic year. The amount of this scholarship varies depending on the availability of funds and the number of qualified applicants. The scholarship is awarded based on academic achievement, financial need, leadership qualities, and involvement in extracurricular activities. The application deadline is typically in the spring, and the scholarship recipient is announced in the summer.

Eligibility Criteria For NAMIC Mutual Insurance Foundation Scholarship Program

The NAMIC (National Association of Mutual Insurance Companies) Mutual Insurance Foundation Scholarship Program is a program that provides financial assistance to undergraduate students pursuing a degree in insurance, risk management, or a related field. The eligibility criteria for the scholarship include:

  • Enrollment: Applicants must be currently enrolled or planning to enroll as a full-time student at an accredited college or university.
  • Field of study: Applicants must be pursuing a degree in insurance, risk management, or a related field.
  • Academic achievement: All the applicants must have a minimum cumulative GPA of 3.0 on a 4.0 scale.
  • Membership: Applicants must be a member of a minority group that is underrepresented in the insurance industry (African American, Hispanic, Asian, or Native American).
  • Leadership and community involvement: Applicants should demonstrate leadership and community involvement through extracurricular activities, volunteer work, or other experiences.
  • Career goals: Applicants must have career goals in the insurance industry, and must submit an essay describing their career goals and how the scholarship will help them achieve those goals.

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