Scholarships and Bursaries

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Scholarships and Bursaries for Insurance Related Programs

Students in insurance specific academic programs in participating colleges and universities can benefit from generous awards, scholarships and bursaries programs, thanks to the generous contributions from the insurance industry employers and associations. Finding your place in an insurance program is made that much easier with financial support towards your insurance education. This list is provided here as a reference, only. You can access more information about the listed scholarships by clicking on their respective institution.

BCIT - British Columbia Institute for Technology
Conestoga College
Fanshawe College
Grant MacEwan University - Insurance and Risk Management Faculty
Mohawk College - McKeil School of Business
Mount Royal University
Seneca College
Saskatchewan Polytechnic
University of Calgary - Haskayne School of business
Wilfrid Laurier University - School of Business and Economics

Scholarship	Deadline	Eligibility
Canadian Insurance Claims Education Benevolent Foundation Scholarship - $1000	July	Interest in becoming an independent adjuster or company claims adjuster
IBAO Past Presidents’ Scholarship - $2500	August	Child of voting IBAO member Good academic standing Community involvement
Pacific Coast Fishermen’s Mutual Marine Insurance Company – $600	September	Child of past and present members of Pacific Coast Fishermen's Mutual Marine Insurance Company

CONESTOGA

Scholarship	Deadline	Eligibility
Canadian Insurance Claims Education Benevolent Foundation Scholarship - $1000	July	Interest in becoming an independent adjuster or company claims adjuster
Conestoga Chapter IIO - $500		Second year student
CURO Claims Award - $500		First year student
Economical Insurance Business Graduate Scholarships
Gore Mutual Insurance Company Graduate Scholarship - 1500
IBAO Past President's Scholarship - 2500	September	Attending an accredited post secondary institution A child of a voting member of IBAO Interested in working in the insurance industry
John E. Lowes Insurance Education Fund - $1500-2000	September	Academic excellence throughout the applicant’s high school and post-secondary Financial need Contribution to school and community life/ major accomplishments Being accepted in an insurance program of the selected establishments
Nancy Schwartz Memorial (IBAWR) - $1000		Second year student
Young Brokers Council Scholarship

FANSHAWE COLLEGE

Scholarship	Deadline	Eligibility
Canadian Insurance Claims Education Benevolent Foundation Scholarship - $1000	July	Interest in becoming an independent adjuster or company claims adjuster
IBAO Past President's Scholarship	August	Attending an accredited post secondary institution A child of a voting member of IBAO Interested in working in the insurance industry
John E. Lowes Insurance Education Fund - $1500-2000	September	Academic excellence throughout the applicant’s high school and post-secondary Financial need Contribution to school and community life/ major accomplishments Being accepted in an insurance program of the selected establishments
Young Brokers Council Scholarship

Grant MacEwan University

Scholarship	Deadline	Eligibility
Alberta Insurance Council Leadership Award – $2000	May	Academic achievement Completed 2 full semesters Commitment to community
AMA Insurance Perseverance Award - $1000	July	Enrolled in third term of the program full time Minimum 3.0 GPA Demonstrating ability to overcome obstacles or adversity in order to continue their education
Aon Reed Stenhouse Inc. Scholarship - $1000	No application required	Enrolled full time in fourth term of the program Min 3.5 cumulative GPA after third term
Autobody and Insurance Adjusters Friendship Club Bursary - $1000	July	Good Academic standing Financial need
Bridge Financial Insurance LP Award for Leadership and Growth - $1000	August	Enrolled full time in fourth term of the program. Leadership skills and high attendance record Professionalism and work quality
Brokerlink John Rogers Lifetime Achievement Award - $1000	No application required	Enrolled to a minimum of 9 credits per term Completed first three terms of the program and accepted into fourth term Min 2.5 GPA Demonstrated professionalism and leadership, and interest in brokerage
Canadian Insurance Claims Education Benevolent Foundation Scholarship - $1000	July	Interest in becoming an independent adjuster or company claims adjuster
Canadian Insurance Claims Managers Association Award – Amount varies	June	Registered in fourth term
Economical Insurance Scholarship - $2000	No application required	Scholastic achievement, professionalism and teamwork Minimum GPA of 3.3 after two terms, enrolled into third term Demonstrated professionalism and teamwork in the classroom
FPB Insurance Brokers Award in Honour of Ralph Foster and Ted Park - $1000	No application required	Minimum 2.5 GPA over two terms, enrolled into third term Enthusiastic and motivated learner Leadership skills and professionalism, classroom involvement
HUB International Phoenix Insurance Brokers Award - $1000	July	Enrolled in a minimum of 9 credits per term Completed three terms of the program, enrolled in the fourth Minimum cumulative 3.0 GPA over three terms Leadership in either scholastic or community involvement
IBAO Past Presidents’ Scholarship	August	Child of a voting IBAO Member Good academic standing Community involvement
Intact Insurance Scholarship - $1000	No application required	Registered full time in Program Highest GPA
Johnson Inc. Award - $1000	No application required	Enrolled full time in the fourth term of the program Minimum cumulative 2.5 GPA after third term Quality of work, involvement in the classroom and performance excellence
J.R. Wilkins Memorial Scholarships - $1000	No application required	Outstanding academic achievement
Lloyd Sadd Insurance Brokers Award in Honour of Thomas E. Sadd - $1000	July	Completed the first three terms of the program, enrolled into the fourth Minimum 2.5 GPA over three terms Community involvement, professionalism and leadership in classroom
Marian Mayor Memorial Scholarship – $1000 tuition credit	No application required	Third term student continuing to the fourth term Demonstrates enthusiasm for living and learning Minimum 2.5 GPA
Marsh Canada Limited Bursary - $500	May	Be enrolled full-time in the program Good academic standing Demonstrate financial need
Professional Young Insurance Brokers Award - $1000	No application required	Enrolled full-time in program Alberta resident Intention to pursue career in the Alberta property/casualty insurance industry as an insurance broker Demonstrate exemplary work ethic, good attendance, enthusiasm for the insurance industry, and academic achievement
Reed Leary Memorial Bursary - $500	May	Completed the first two terms of the program, enrolled into the third Good academic standing Financial need
Richard Smith Memorial Award - $1000	January	Enrolled full-time in term two, continuing on to term three Minimum GPA of 2.5 Classroom engagement, punctual attendance and professionalism
Sergeant Marc Leger Memorial Bursary - $500	May	Completed the first two terms of the Program, enrolled into third Good academic standing Demonstrate financial need
Service Master Bursary - $500	May	Completed the first two terms of the Program, enrolled into third Good academic standing Demonstrate financial need
SGI Insurance and Risk Management Diploma Award - $1000	May	Full time student Min of cumulative GPA of 3.0 after second term Resident of Alberta, Saskatchewan or Manitoba Demonstrate involvement or leadership
The Co-operators Award - $1000	May	Enrolled full time in the program Good academic standing Outstanding community service and/or experience working with a co-operative
Wawanesa Mutual Insurance Company Award - $1000	July	Enrolled in a minimum of 9 credits per term Completed three terms of the program, enrolled into the fourth Minimum cumulative 3.0 GPA over three terms Involvement in community and/or student affairs
Western Financial Group Award - $1000	July	Completed the first three terms of program, enrolled into the fourth Minimum 2.7 GPA Volunteerism within the community or involvement in extra-curricular activities at the University
William Holt Award in Insurance and Risk Management - $1000	April	Full time student Be in good standing Financial need Commitment to volunteer service

Mohawk College

Scholarship	Deadline	Eligibility
Canadian Insurance Claims Education Benevolent Foundation Scholarship - $1000	July	Interest in becoming an independent adjuster or company claims adjuster
CIBC Canadian Imperial Bank of Commerce Bursary - $625	August	Enrolled in an Insurance, Business Management/Administration or Accounting program Financial need Academic excellence
Cowan Foundation Bursary - $500		Insurance 318 Program Financial Need
Dan Lawrie Insurance Brokers Ltd. Merit Bursary - $625		Insurance 318 Program – Second year Exhibits leadership Exceptional academic achievement
IBAO Past Presidents’ Scholarship - $2500	August	Child of a voting IBAO Member Good academic standing Community involvement
John E. Lowes Insurance Education Fund - $1500-2000	September	Academic excellence throughout the applicant’s high school and post-secondary Financial need Contribution to school and community life / major accomplishments Being accepted in an insurance program of the selected establishments
Lea Algar Award for Scholastic Excellence - $649	No application required	Insurance Program College and/or community involvement Good academic standing
Ontario Insurance Adjusters Association, Niagara Chapter Scholarship $500	August	Insurance 318 Program Good academic standing
Young Brokers Council Scholarship

Mount Royal University

Scholarship	Deadline	Eligibility
Alberta Association of Insurance Adjusters – Central Chapter – Past Presidents Award - Variable Amount	March	Student enrolled in second to fourth year at Bissett School Must have completed INSR 2140 Principles and Practice of Insurance and one other insurance course Academic excellence Extracurricular activities
Alberta Association of Insurance Adjusters – Central Chapter – Rocky Tretiak Memorial - Variable Amount	March	Student enrolled in second to fourth year at Bissett School Must have completed INSR 2140 Principles and Practice of Insurance and one other insurance course Academic excellence Extracurricular activities
Alberta Association of Insurance Adjusters – Central Chapter – Scholarship –Variable Amount	March	Student enrolled in second to fourth year at Bissett School Must have completed INSR 2140 Principles and Practice of Insurance and one other insurance course Academic excellence Extracurricular activities
Canadian Insurance Claims Education Benevolent Foundation Scholarship - $1000	July	Interest in becoming an independent adjuster or company claims adjuster
Economical Insurance Scholarship	March	Full time, enrolled in second to fourth year of Bachelor of business towards minor in Insurance or Diploma program Academic excellence Extracurricular activities
Gerry LaBrie Scolarship – Variable Amount	March	Full time student Must have completed INSR 2140 Principles and Practice of Insurance and one other insurance course. Academic Achievement.
Guardian Insurance Scholarship - Variable Amount	March	Full time student Must have completed INSR 2140 Principles and Practice of Insurance and one other insurance course Academic Achievement
IBAO Past Presidents’ Scholarship - $2500	August	Child of a voting IBAO Member Good academic standing Community involvement
Insurance Community of Southern Alberta Scholarship - Variable Amount	March	Full time student Must have completed INSR 2140 Principles and Practice of Insurance and one other insurance course Academic Achievement
Insurance Professionals of Calgary Scholarship – Variable Amount	March	Student enrolled in INSR 2140 (Principles and practices of Insurance) in the upcoming fall semester Academic achievement Financial need
Intact Insurance Scholarship –Variable Amount	March	Full time, enrolled in second to fourth year at the Bissett School Must have completed INSR 2140 Principles and Practice of Insurance and one other insurance course Academic achievement Demonstrated professional growth and effective development of relationships
Jim Sinclair Insurance Scholarship - Variable Amount	March	Full time student Must have completed INSR 2140 Principles and Practice of Insurance and one other insurance course Academic Achievement
Peace Hills General Insurance Company Scholarship – $500	No application required	Student enrolled in second to fourth year at Bissett School Must have completed INSR 2140 Principles and Practice of Insurance and one other insurance course Academic excellence
Robert B. Sutherland Memorial Bursary in Insurance - Variable Amount	March	Must be enrolled in second to fourth year of Bachelor of Business Admin Must have completed INSR 2140 – Principles and Practices of Insurance Financial Need
Rocky Tretiak Memorial Scholarship in Insurance -Variable Amount	March	Must be enrolled in second to fourth year in a Bissett School program Must have completed INSR 2140 Principles and Practice of Insurance and one other insurance course Extracurricular activities Enthusiasm and academic growth

Seneca College

Scholarship	Deadline	Eligibility
Canadian Insurance Claims Education Benevolent Foundation Scholarship - $1000	July	Interest in becoming an independent adjuster or company claims adjuster
Co-Operators Group Limited Award - Amount not specified		First or second year student in Business Insurance Program Minimum cumulative GPA 3.0 Volunteer in industry night, mentor program or in-class participation
Economical Insurance Scholarship	No application required	For second year students in the Business Insurance program Minimum GPA of 3.5 Strong work ethic, commitment to excellence
IBAO Past Presidents’ Scholarship - $2500	August	Child of a voting IBAO Member Good academic standing Community involvement
John E. Lowes Insurance Education Fund - $1500-2000	September	Academic excellence throughout the applicant’s high school and post-secondary Financial need Contribution to school and community life / major accomplishments Being accepted in an insurance program of the selected establishments
Young Brokers Council Scholarship

Saskatchewan Polytechnic

Scholarship	Deadline	Eligibility
Canadian Insurance Claims Education Benevolent Foundation Scholarship - $1000	July	Interest in becoming an independent adjuster or company claims adjuster
IBAO Past Presidents’ Scholarship - $2500	August	Child of a voting IBAO Member Good academic standing Community involvement

University of Calgary

Scholarship	Deadline	Eligibility
Advocis Calgary Scholarship in Risk Management and Insurance – $2000	August	Third or fourth year student Academic merit and extracurricular activities Interest in Sales, Financial Planning, Life Insurance or Investment Planning
Alberta Insurance Council Leadership Award – $2000	August	Entering third year in Haskayne school, majoring Risk management and insurance, finance or personal financial planning Academic Merit Community Involvement
Anthony Thibaudeau Undergraduate Bursaries – $2000	August	Third or fourth year student in the Risk Management and Insurance concentration Academic merit Financial need
AON Reed Stenhouse Inc. Bursary in Risk Management and Insurance – $4000	August	Entering fourth year in the Haskayne school with concentration in risk management and insurance Academic Merit Financial Need
Canadian Insurance Claims Education Benevolent Foundation Scholarship - $1000	July	Interest in becoming an independent adjuster or company claims adjuster
Chubb Insurance Company of Canada Undergraduate Scholarship - $2000	August	Entering third or fourth year in the bachelor of Commerce program with major in Risk Management and Insurance, Finance Successfully completed RMIN 317 - Introduction to Risk Management and Insurance Academic merit
Co-operators Scholarships in Risk Management and Insurance - Up to $3500	August	Be in the Risk Management and Insurance or Risk Management and Insurance/Finance concentrations Academic merit Community involvement
E.G. (Ted) Smith Bursary - Up to $700	August	Risk Management and Insurance/Finance or Personal Financial Planning concentration Academic merit Financial need
George L. McVety C.L.U. Bursary - Up to $800	August	Entering third or fourth year in the Haskayne school with concentration in risk management and insurance Academic Merit Financial Need Interpersonal skills – Volunteer activities
Great-West Life Business Education Scholarship - Up to $1000	August	Entering third or fourth year in the Haskayne school with concentration in risk management and insurance Academic Merit Extra-curricular activities, leadership
IBAO Past Presidents’ Scholarship - $2500	August	Child of a voting IBAO Member Good academic standing Community involvement
Insurance Institute of Saskatchewan Scholarship - Up to $1000	August	Concentration in risk management and insurance or finance/risk management and insurance Academic Merit Saskatchewan Resident
Jim and Doris Garner Memorial Bursary – $3000	August	Concentration in Risk Management and Insurance; Risk Management and Insurance/Finance; or Personal Financial Planning Financial need Academic merit
John E. Lowes Insurance Education Fund - $1500-2000	September	Academic excellence throughout the applicant’s high school and post-secondary Financial need Contribution to school and community life / major accomplishments Being accepted in an insurance program of the selected establishments
Reinsurance Research Council Bursary in Business – $2000	August	Entering third year in the Haskayne school with concentration in risk management and insurance Academic Merit Financial Need
Royal & SunAlliance Insurance Company of Canada Scholarship – $1000	August	Entering fourth or fifth year Majoring in Risk Management and Insurance or Finance/Risk Management and Insurance Academic merit

Wilfrid Laurier University

Scholarship	Deadline	Eligibility
Canadian Insurance Claims Education Benevolent Foundation Scholarship - $1000	July	Interest in becoming an independent adjuster or company claims adjuster
Canadian Insurance Claims Managers' Association Scholarship – Amount not specified	October	Entering fourth year Most significant improvement of GPA from year 1 to year 3 Successfully completed BU353 (Introduction to Risk Management and Insurance) Interest in pursuing a career in the insurance industry
Economical Insurance Group Scholarship Fund - Amount not specified	October	Full time student entering in fourth year in the Co-op program Highest GPA in third year of study
Economical Insurance SBE Bursary - Amount not specified	October	Years 2-5 in School of Business and Economics Min. cumulative GPA of 9.0 (B+) Financial need
Insurance Institute of Ontario Scholarship Fund - Amount not specified	October	Full time student enrolled in 2 or more insurance courses High academic achievement Financial Need

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Scholarships and Bursaries for Insurance Related Programs