The Spencer Educational Foundation was founded in 1979 and to this day remains the premier organization funding the education of tomorrow’s risk management and insurance leaders. Spencer is a 501(c)(3) nonprofit organization that relies solely on the contributions of generous individuals and the industry. We have taken actionable measures to foster a diverse pipeline of talent into the industry. The Spencer Educational Foundation believes diversity, equity, and inclusion in the risk management and insurance industry is a business imperative that only makes us stronger.
The Spencer Education Foundation awards scholarships to full-time undergraduate and graduate students, pre-dissertation students, PhD candidates, and professionals pursuing master’s degrees part time in risk management and insurance. Applicants must be full-time students enrolled at an accredited U.S. college or university, be at least a junior or senior, majoring or minoring in risk management, insurance, actuarial science, business, finance or a related field, with a minimum GPA of 3.3. Applicants must be seeking a career in risk management or pursuing a master's degree or PhD in the field. Deadlines will vary by scholarship.