What we do

Grants for students now closed

The IFoA Foundation’s education grants programme has helped over 400 students around the world to sit IFoA exams and make progress towards an actuarial career. We are proud to have provided this support over the last 3 years.

Therefore it is with deep regret that we have closed the programme for the foreseeable future. We understand this is disappointing news for you.

We hope you will stay in touch via our mailing list, where you can be the first to hear about mentoring, scholarships, and other opportunities. Sign up to mailing list

What this means

Unfortunately we are no longer able to:

  • provide education grants for IFoA exams or memberships
  • consider, or retain, any applications and requests received after 1 June 2023
  • accept any new grant applications or further requests from existing grantees (for example for next exams, resits, or membership renewals)

Since the programme began in 2020, demand for grants has grown enormously. As a charity managed largely by volunteers with limited resources, the success of this programme has made it unsustainable in its current form.

Next steps

We are now focused on fundraising amongst the actuarial community to enable us to provide more targeted support in future.

If you would like to give feedback about this programme and help us shape the future, please get in touch via foundation@actuaries.org.uk

We wish you every success with your studies.



The IFoA Foundation supports mentoring for recent actuarial science graduates, from all backgrounds, anywhere in the world, to kick-start careers and increase diversity in the actuarial profession.  

Please ensure you are on our mailing list or keep an eye on our LinkedIn page to be notified when the next programme opens for applications.



The IFoA Foundation is the custodian and administrator of 4 prestigious scholarship funds.

All scholarship opportunities are promoted through the respective IFoA accredited universities.

China and South-East Asia Scholarship and Bursary Fund

This fund rewards the top performing graduates and promising students who need financial assistance to complete their actuarial studies and find employment.

Mahidhara Davangere South Asia Scholarship Fund

This fund supports gifted students who need financial support to be able to join the IFoA and sit actuarial exams while studying at university.

Fullerton-Long Caribbean Scholarship Fund

This fund supports deserving Caribbean students who are pursuing degrees in actuarial science at the University of the West Indies in Jamaica and Trinidad and Tobago.

Actuaries of Tomorrow UK Scholarship Fund

In partnership with the Worshipful Company of Actuaries’ charity, this fund supports academically gifted undergraduate students in need of financial assistance to complete their studies and achieve their potential.


School engagement projects

The IFoA Foundation supports projects that promote numeracy and financial education, encourage studying mathematics beyond age 16, and introduce actuarial careers to young people.

Enterprising Maths in Scotland

This is a national secondary schools challenge culminating in a grand final at Glasgow Science Centre. The IFoA Foundation works with colleagues from the IFoA Scottish Board to support this impactful and fun event, providing actuarial role models, student volunteers, and career information to inspire over 200 finalists.


Maths4Girls inspires young people to excel at maths, raises awareness of the fantastic careers maths can offer, and debunks the myth that maths isn’t for girls. Our partnership with Maths4Girls enables IFoA actuaries across the UK to volunteer as role models and present at school events, encouraging students to take maths beyond GSCE and introducing them to actuarial careers.

Learn more about volunteering as a role model (PDF, 2.30 MB)

Access Aspiration

Access Aspiration targets schools in London boroughs where a high proportion of students are eligible for free school meals and connects them with businesses to offer them career inspiration, work experience, mock interviews, and CV workshops. The IFoA Foundation works with Staple Inn Actuarial Society and other partners to provide enthusiastic volunteer teams to tell young people about actuarial and related careers.

Get involved

Want to get involved as a corporate partner or volunteer? Email foundation@actuaries.org.uk


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What we do

Learn more about our charitable activities: grants and other opportunities for aspiring actuaries.

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