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What About Scholarships?

2018-19 RMI Scholarship Recipients pictured above are (l-r): Austin Moore, Jamie Pennell, Kara Williams, Lisa Gardner (RMI Director), Elizabeth Padgett, Siwei Gao (faculty), Burke Christensen (faculty). Not pictured: Alex O'Neill, Mackenzie Knight, Branden Dyehouse.

EKU Risk Management & Insurance Foundation Scholarships

To apply for EKU RMI Foundation Scholarships, complete the Scholarship Applications attached below.  (Eligibility requirements can be found on the PDF.) There are multiple foundation scholarships available for incoming high school graduates and transfer students. For more information, contact the Risk Management & Insurance Program, 170 Business and Technology Center, (859) 622-1579.

Blue Grass Association of Insurance Women Endowed Scholarship: 

This scholarship was created by an endowed gift from the Blue Grass Association of Insurance Women. 

Criteria for the Scholarship:

Must be enrolled as a full-time undergraduate student with sophomore, junior, or senior level classification and be pursuing a major or minor within the Risk Management & Insurance Studies Program.  Be in good academic standing and possess a cumulative grade point average of 2.75 or higher.

Women Leaders in Insurance & Financial Services Scholarship:

The purpose of this scholarship is to support students who reflect the ideals of the Women Leaders in Insurance and Financial Services. 

Criteria for the Scholarship:

First preference is to be given to women who are majoring or minoring in Risk Management and Insurance and who are underrepresented in the college of Business and Technology.  In all instances, the scholarship shall be awarded in accordance with diversity and/or affirmative action guidelines. Be enrolled as a full-time undergraduate student with sophomore, junior, or senior level classification with a GPA of 2.75 or higher.

George W. Clark Scholarship Fund:

This scholarship was established by Mike and Bea Witt, to honor the memory of George William Clark and to promote the education of deserving students majoring in insurance studies.

Criteria for the Scholarship:

Must be a student enrolled full-time at EKU as an insurance studies major.  Demonstrate good potential for the completion of a college degree.  Children of employees of the Cincinnati Financial Corporation will be given first preference in the selection process.

Jack C. Keir Inc. Endowment Fund:

This scholarship was established by Jack C. Keir, Inc. to honor Dr. Jack C. Keir and to promote the education of deserving students enrolled full time and majoring in Insurance studies at EKU. 

Criteria for the Scholarship:

Students must be a junior or senior full-time student majoring in Insurance Studies.  They must have at least a 2.5 GPA, show evidence of financial need, and show interest in the insurance industry through summer employment or participation in Insurance Studies projects.

KACo-EKU Insurance Studies Endowment Trust:

This scholarship was created with a gift from the Kentucky Association of Counties.  The endowment provides scholarships for students with a genuine interest in the Risk and Insurance professions.

Criteria for the Scholarship:

Demonstrate financial need and genuine interest in the Risk and Insurance professions.  Be ranked as a senior or junior, be a Kentucky resident and have a 3.0 GPA or higher.

Kentucky Farm Bureau Insurance Company Scholarship:

This scholarship was established by Kentucky Farm Bureau Insurance Company to promote insurance education for Kentucky residents and to help prepare young people to be better qualified to perform insurance duties and responsibilities in the Commonwealth of Kentucky.

Criteria for the Scholarship:

Graduate from a Kentucky high school that has been admitted to Eastern Kentucky University to major in Insurance.  Progressing toward degree in Insurance and maintain an overall grade point average of B or better. 

Northern Kentucky Insurance Agents Scholarship Endowment:

This scholarship was created by a gift from the Northern Kentucky Insurance Agents for students majoring in Insurance or Loss Prevention areas. 

Criteria for the Scholarship:

The recipient must be a resident of Northern Kentucky and be in good academic standing.  Must be majoring in Insurance or a Loss Prevention related area.

Dr. Pete Kensicki Scholarship Fund:

The Dr. Pete Kensicki Scholarship fund was created to honor Dr. Kensicki, a longtime director of the school of Risk Management and Insurance.  The spendable funds will provide financial assistance for students majoring in the Insurance and Risk Management Program within the College of Business & Technology. 

Criteria for the Scholarship:

Student must be seeking a BBA in Insurance & Risk Management, be in academic good standing, and hold a 3.0 or higher during their academic career.

The Tom Nuckles Endowed Insurance Scholarship:

This scholarship was established by Robert B. Morgan, President of The Cincinnati Insurance Company in memory of Tom Nuckles. 

Criteria for the Scholarship:

Students must be in good standing with the university.  The student’s major GPA is the first deciding factor when awarding this scholarship with overall GPA results being secondary.  First priority given to children of employees of Cincinnati Financial Corporation.

Risk and Insurance Management Society/Chartered Property Casualty Underwriters:

The RIMS/CPCU Insurance Studies Fund established at Eastern Kentucky University to promote the education of students enrolled full time and majoring in Insurance. This account is established as a result of a gift from RIMS/CPCU.

Criteria for the Scholarship:

Must be full-time students majoring in Insurance Students must maintain a 2.25 GPA. 

National Scholarships

Spencer Educational Foundation

Spencer awards scholarships to full-time undergraduate students who meet the following criteria:

  • Full-time student (12 hours or more per term) undergraduate junior/senior
  • Field of study – normally a major or minor in a risk-management discipline (risk management, insurance, actuarial science, business, finance, information technology(minors only))
  • Career objectives in risk management
  • GPA of 3.3 or higher
  • Relevant work experience
  • Leadership skills
  • Applicants must be enrolled full-time at an accredited U.S. or Canadian college/university

WSIA Education Foundation Scholarships

WSIA Education Foundation scholarship program supports undergraduate students pursuing an insurance or business-related program of study. In order to be eligible for this scholarship, students must meet the following guiding principles:

  • Have an overall GPA of 3.25 or a major GPA of 3.5 or higher
  • Be a college sophomore, junior or senior not graduating before Fall 2020
  • Satisfy one of the following substantive requirements:
    • Be an RMI major/minor/concentration student
    • Have taken RMI courses
    • Have work experience in the RMI industry

Griffith Foundation Risk Management and Insurance Scholarships

In an effort to inspire college and university students to study and pursue careers in risk management and insurance.

Application Requirements:

  • A graduate or an undergraduate student
  • Good academic standing
  • A major in insurance, risk management or actuarial science or an interest in pursuing a career in an insurance-related field
  • A completed scholarship application form
  • A copy of current transcript information
  • A 350-500 word essay illustrating how you were inspired to pursue a career in the insurance industry and your career objectives following graduation
  • A letter of recommendation

The Surety Foundation

The Surety and Fidelity Industry Intern and Scholarship Program for Underrepresented Students provides awards of up to $5,000 to outstanding underrepresented students to support their studies in the areas of insurance/risk management, accounting, economics, or business/finance and to encourage their consideration of the surety industry and surety/fidelity underwriting as a career choice.

  • U.S. Citizenship
  • Underrepresented student who has completed at least their sophomore year, including at least six semester hours (or equivalent) in your major field
  • Ideally, a declared business, finance, economics, accounting or insurance/risk management major
  • Minimum overall GPA of at least 3.0 on a 4.0 scale
  • Enrollment in an accredited institution as a full-time undergraduate student (12 semester hours or equivalent) and commitment to participating in a six-week (minimum) paid internship with a company in the surety/fidelity industry during the summer following notification of selection and prior to disbursement of scholarship funds
  • Successful completion of paid internship is required
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exceptional_incoming_transfer_student_awards.pdf193.35 KB
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rmi_foundation_scholarship_application.pdf198.57 KB
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