Research School of Finance, Actuarial Studies and Statistics Introduction to Actuarial Science Merit Scholarship

Overview

Each year the Research School of Finance, Actuarial Studies and Statistics ("RSFAS") may award up to 5 RSFAS Introduction to Actuarial Science Merit Scholarship with the aim of encouraging students who are considering an actuarial career to engage in the "Introduction to Actuarial Science" massive open online course (MOOC). The award acknowledges the high academic quality of students and aims to meet the RSFAS goal of attracting enrolment into the Bachelor of Actuarial Studies.

Field of study

Actuarial Studies

Eligibility

The award is available each year to a prospective ANU student who:

  • is an Australian citizen, Australian permanent resident, New Zealand citizen (or dual citizenship holders of either Australia or New Zealand) or Australian humanitarian visa Holder;
  • is a  current school leaver in Australia at an Australian High School (or College) ;
  • has achieved a pass mark in the "Introduction to Actuarial Science" MOOC as defined in the MOOC; and
  • Has received an offer of admission and will enrol in the Bachelor of Actuarial Studies at the Research School of Finance, Actuarial Studies and Statistics .

Selection

Selection is made on the basis of academic merit. Students will be ranked according to their ANU Selection Rank and ATAR score. Unadjusted scores will be used for the purposes of ranking. UAC equivalency tables will be used for comparison of scores.  Other factors such as "Introduction to Actuarial Science" MOOC results may also be taken into account .

Benefits

The Scholarship is valued at $10,000.  The award will be paid in two equal instalments, the first instalment of $5,000 after the Census Date following commencement of program, and second instalment of $5,000 after completion of 48 units in the Bachelor of Actuarial Studies.

Please note: The Scholarship does not cover any necessary admissions and deposit fees, the payment of reading and study materials, living expenses, accommodation or any other costs associated with studying.

How to apply

Students applying for admission through the ANU Admission Scholarship and Accommodation Application System will be required to submit an additional scholarship application.

Deferred students who have applied for admission to the ANU in a previous intake, and then formally deferred their offer of admission, may still apply for this award. However these students will need to contact the College by email (see Section 16 of the Conditions of Award for email details) prior to semester commencement to ensure their consideration, as it will not be automatic

Further information

The award will be offered in semester 1 only.