Student Reimbursement Applications

The Society of Actuaries offers a reimbursement program for students at Universities with an actuarial science program. Details are on the Society of Actuaries website here and here. In summary:

  • Exams IFM, LTAM, STAM, and SRM are eligible.
  • Students must be enrolled full-time at the time the exam is taken.
  • Students must receive a passing score.
  • There is a limit of three reimbursements per year for the university.
  • There is a limit of one reimbursement per year for each student.
  • Society of Actuaries application deadline is 90 days after grade release.

    The application must be submitted on behalf of students by the UCAP Faculty Contact, which is currently Dr. Kenney ( Since the university can only apply for reimbursement for three students in any academic year, the following policies will be used to decide which students will be eligible for the university's quota of reimbursements:

  • Applications will be made in order of exam release date. Students requesting reimbursement for an exam with earlier release date will be given priority.
  • If multiple students take one exam, or take exams with the same grade release date, priority will be given to student with higher grade.
  • If students have equal grades on one exam, priority will be given to first application received.
  • Students must apply to the UCAP Faculty Contact within 60 days after grade release in order to retain this priority. The UCAP Faculty contact will not guarantee submitting applications on behalf of students who apply after this time. Students whose application is after this time will be given lower priority than other students taking the same exam, even if their grade is higher. Students whose application is after this deadline may also be given lower priority than students who take exams with later release dates.
  • Applying for reimbursement

    In order to apply for reimbursement for an exam you have taken, you must send an email to the UCAP Faculty Contact (currently this is Dr. Kenney ( within 60 days of grade release for the exam for which you are claiming reimbursement. This email should contain the following information:

  • Your name (first and last). This should match the name you used to register with SoA for the exam.
  • Your date of birth (MM/DD/YYYY).
  • The email address you used to register for the exam.
  • The exam for which you want to claim reimbursement.
  • The month and year that the exam was administered.
  • The grade you received.
  • The grade release date fo the exam.
  • Your Banner number (B00...)