School of Actuarial Science & Risk Management (SoASRM) Scholarships

The School of Actuarial Science offers scholarship opportunities ranging from $1,000-$3,500 to incoming first-year students who have declared a major in actuarial science, possess evidence of exceptional academic performance and demonstrate financial need. The deadline to apply is January 23, 2025.

• $3,500 Roger K. Brooks Actuarial Science Scholarship: The scholarship is renewable for the sophomore year provided the student has at least a 3.0 GPA and continues to major in actuarial science or in one of the joint programs that include actuarial science. Roger Brooks is a distinguished alumnus from Drake’s actuarial program. In honor of his 60^th birthday in 1997, friends of Roger Brooks, F.S.A., M.A.A.A., retired Chairman of AmerUs Life in Des Moines, donated funds to endow this scholarship.
• $1,000 Dr. Newt Bowers Endowed Scholarship: The scholarship is renewable for up to four years as long as the student meets the criteria set forth by the Office of Student Financial Planning for receiving financial aid, is in good academic standing with the University, maintains a declared major in actuarial science, and as long as funds are available. This scholarship was created in honor of Newt Bowers, Emeritus Professor of Actuarial Science at Drake University. Newt taught at Drake from 1969-1996 and was an author, mentor, and beloved teacher.

Application Instructions 

The deadline to apply for the School of Actuarial Science & Risk Management Scholarships is January 23, 2025 To apply for these and other Zimpleman College of Business scholarships, you must:

• Complete an application for admission to Drake; scholarship candidates must be admitted to Drake University as an actuarial science major by January 23, 2025 to be considered for this award.
• Complete the unified Zimpleman College of Business Scholarship Application, which includes a personal essay, by January 23, 2025. (Indicate your interest in Actuarial Science on this application to be considered for actuarial science scholarship opportunities.)
• Submit the FAFSA or International Student Financial Information Form (ISFIF) by January 23, 2025.

NOTE: The button below links to the Unified Zimpleman College of Business Scholarship Application. You only have to fill this out once to be entered into consideration for Actuarial Science & Risk Management Scholarships as well as the other 33 donor-funded business scholarships.

Zimpleman College of Business Scholarship Application

Other Opportunities

While the application above will enter you into consideration for all 35 donor-funded business scholarships, you can also apply for the Business Dean Team. This opportunity has a separate application and criteria.

Undergraduate Scholarship Eligibility 

For students entering one of Drake’s joint undergraduate/graduate degree paths, refer to the table below to see how undergraduate awards (including Fine Arts Scholarships) are impacted.