Milliman Scholarship South Africa 2025
Review the requirements, funding details, and key dates before applying at the official source.
At a glance
Summary
Milliman is an international actuarial and consulting firm located in Washington, USA. Formed in 1947, the company is an independent risk management, benefits and technology firm with offices in major cities around the globe. Milliman established the Milliman Opportunity Scholarship program with the aim of assisting students from historically under-represented ethnic groups, to pursue their studies in the fields of actuarial science, data science, computer science, economics, and programming. The Scholarship program is administered by Scholarship America®, the biggest designer and manager of scholarship, tuition assistance, and other education support programs for corporations, foundations, associations, and individuals within the USA.
What’s covered
Funding details
Milliman will award scholarships to between 10 and 25 students, to the value of at least USD5 000 (over R90 000) each. Students must reapply for funding each year. www.zabursaries.co.za is committed to keeping you up to date with the latest bursary opportunities, and this article covers all details about the Milliman Scholarship. Applicants should take note of the following selection details: All applications will be reviewed by the Scholarship America evaluation team.Scholarship America will select finalists based on the following: academic record and response to 3 essay questions.Milliman Inc. will select recipients from the group of finalists. The following may be taken into consideration: demonstrated leadership and participation in school and community activities, work experience, financial need as stated in the application.Preference will be given to previous scholarship recipients.Applicants will be notified of their outcome towards the end of June 2024.Scholarship America will processes payments on behalf of Milliman – payments will be issued to the institution in August 2024. Students outside the United States and Canada will receive funds via wire transfer.Scholars and institutions must be eligible to receive funds from the United States per the Office of Foreign Assets Control, United States Department of the Treasury.
Check your match
Eligibility criteria
Applicants must satisfy the following minimum entry criteria before applying (please note that failure to satisfy all the requirements will lead to your application not being considered): You must belong to one of these qualified ethnic minority groups:South African citizens:must have at least 1 birth parent who is Black or ColouredUnited States and Canada citizens:must have at least 1 birth parent who is of African descent, Latino/ Hispanic, Native North American, or Pacific IslanderUnited Kingdom and Ireland citizens:must have at least 1 birth parent who is Black African, Black Caribbean, Irish Traveller or GypsyAustralia citizens:must have at least 1 birth parent who is Aboriginal or Torres Strait IslanderYou must reside in and attend a university in one of these countries: South Africa, Australia, United States, Canada, Ireland or the United KingdomYou must be in your final year of high school (Matric or high school senior) OR pursuing undergraduate studies (technical or university-level)You must have a strong academic recordYou must plan to enroll in full-time studies, towards an undergraduate qualification in one of the fields listed above, at an accredited institution in South Africa, Australia, United States, Canada, Ireland or the United Kingdom
Prepare ahead
Application requirements
Information not available
Your next steps
How to apply
Applications must be submitted online at:Milliman Scholarship Application 2025 Applicants will be required to Create an Account before they can Login and apply. Enter “www.zabursaries.co.za” in the field asking how you heard about the Milliman Scholarship. Submit clear copies of the following supporting documentation along with your completed online application (the submission of these documents is compulsory – if any items are missing, your application may be disqualified): Current and complete transcript of your grades (displaying your full name, school name, results and credit hours for each course and term in which each course was taken)United States and Canada students: if you submit SAT or ACT test scores, and those scores are not stated on your high school transcript, you will be required to submit a copy of your test score report(s) separately. If you are submitting a college transcript, those scores are not requiredAny other available professional test scores, including but not limited to results from the SOA CAS, ASSA and IFoA
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