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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

   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