Scholarship Details

BFIS Marsh Scholarship

Donor: Bermuda Foundation For Insurance Studies

Office Location
First Floor, Cedarpark Centre, 48 Cedar Avenue, Hamilton.

Postal Address
P.O. Box HM 2454, Hamilton HM JX, Bermuda.

Tel: 295-1266   
Fax: 295-5876
Web: www.bfis.bm
Facebook: BFIS | Bermuda Foundation For Insurance Studies

Bermuda Registered Charity #440

BFIS was established by Bermuda's insurance industry to provide Bermudian students with opportunities to gain the education and training necessary to enter and forge a career in the insurance industry.

Description

The BFIS Marsh Scholarship is open to students planning to pursue a career in the insurance industry who are entering the Junior or Senior year of their undergraduate degree at an accredited overseas university.

Benefits:

• Summer Employment for one vacation period.

 

Application Criteria:

• Preferred majors are Insurance, Risk Management, Actuarial Science, Mathematics, Finance, Economics, Accounting, Corporate Law and Computer Science. Other majors relevant to the insurance sector may also be considered.
• Students receiving the scholarship must have and maintain a 3.0 GPA or above.
• Tenure of other scholarships in conjunction with a BFIS scholarship is permitted with BFIS approval.
• Financial need will be taken into consideration.

Other Requirements

Documents required

1. Essay: In not less than 400 words, tell us why you have chosen to pursue a career in insurance and what area of insurance you think would interest you and why.
2. Tuition Fees: Documentation from the university stating their tuition fees.
3. Grades: Official copies of most recent educational transcripts.
4. Academic letter of recommendation: from a current teacher who knows the applicant and his/her academic abilities.
5. Personal Letter of recommendation: from someone who knows the applicant on a personal basis.
6. Department of Immigration letter: confirming Bermudian or Permanent Resident Certificate (PRC) status.
7. Financial Need Form: if the applicant wishes financial need to be taken into consideration.

Acceptance Criteria

• Scholarship recipients shall keep the Scholarship Committee informed of his/her progress by timely submission of grades or transcripts as issued at the end of each semester and such other written reports as may be requested from time to time.
• The Scholarship Committee must be notified ahead of time of any changes to the academic programme undertaken, or of any other occurrences/activities which materially alter the information presented in the scholarship application.
• Failure to comply may lead to suspension or forfeiture of the scholarship.

This scholarship is not currently accepting applications.