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Scholarship Details

Robert Clements/ACE Scholarship

Donor: ACE Group

ACE Building
17 Woodbourne Avenue
Hamilton HM08
Bermuda

PO Box HM 1015
Hamilton HM DX

ACE is committed to providing the best learning and development opportunities for its employees.  ACE takes pride in extending these opportunities to talented and motivated students in the community. ACE believes it has an important role to play in creating a potential talent pool for Bermuda, in preparing students to enter the workplace, and in nurturing young talent to become the business leaders of tomorrow. ACE makes a significant investment in the development of students through programs designed to provide scholarship funds and on the job learning experiences.


Specific Details

Award Type: Scholarship
Award Frequency: 1 new per year
Eligible Area(s) of Study: Accounting, Legal Studies, Economics, Actuarial Science, Finance, Mathematics, Business, Engineering, Insurance & RM
Education Level: Post Graduate, Undergraduate
Awarded Amount: 0 BMD
Number of Awards Granted: 1
Years Award Can Be Held: 4
Application Deadline: 30 Apr 2012
Needs To Be Repaid: No
Contact Name: ACE Foundation - Bermuda
Contact Phone: 298 6548
Website: click here

Eligibility Criteria

School must be accredited: Yes
GPA requirement: Minimum of 3.0
Nationality Requirement: Bermudian, PRC or eligible to acquire PRC
Must Have Attended School In Bermuda: No
Must Have Graduated from Bermuda High School: No
Must Be Accepted/Enrolled In Overseas Program:By Time Of Interview
Employment Attached: Yes, vacation and full-time employment opportuniti
Age Restriction: No
Is the award restricted to a specific school or programme? No

Description

Since its establishment in 1996 the Robert Clements / ACE Scholarship has provided financial support to over 20 Bermudian university students enabling them to complete their studies in insurance related degree programs and to pursue careers in the international insurance industry.  The Robert Clements/ACE Scholarship is funded by the ACE Foundation - Bermuda.

The fully-funded Robert Clements / ACE scholarship is awarded to qualified students studying full-time towards an undergraduate or graduate degree in insurance, risk management, actuarial science or other disciplines related to the insurance industry such as corporate law, accounting or economics at any accredited university worldwide.  The scholarship is designed for Bermudian students interested in entering the insurance industry and preference will be given to students who plan to return to Bermuda to pursue careers in their chosen field within the industry. 

Robert Clements
The scholarship was established by ACE in 1996 in recognition of Mr. Clements’ contribution to the creation of ACE Limited in 1985 and in celebration of the completion of ten years of successful business in Bermuda.

 

Scholarship Overview

  • The Scholarship applies to degree courses majoring in insurance, risk management, actuarial science or related disciplines
  • The Scholarship covers tuition and fees, room and board, books, round trip air transportation, and employment opportunities
  • The Scholarship is awarded annually by the Scholarship Selection Committee
The Scholarship provides financial support for a period of up to four years for full-time study in graduate or undergraduate programmes at accredited universities

Other Requirements

Criteria for Selection

  • Candidates must provide a letter of acceptance from accredited university
  • Candidates must be at least 18 years of age
  • Candidates must possess a genuine desire to pursue a career in insurance
  • Candidates must hold Bermudian Status or Permanent Resident Certificate

 

Required Documentation                      

  • Two additional references under confidential cover
  • Original academic transcripts and copies of academic certificates including most current accumulative GPA converted to 4.0 system where possible
  • Passport size photo
  • Certified copy of applicants Bermudian Status or Permanent Resident Certificate
  • Medical certificate
  • Essay of no more than 500 words outlining educational objectives and future goals

Deadline for Application – 30 April each year.

For more information, contact acefoundation@acegroup.com.