top of page

Society of Actuaries

Our university is listed by the Society of Actuaries (SOA) as one of the Universities & Colleges with Actuarial Programs with an Advanced Curriculum (UCAP-AC). This list provides its members with several benefits that a student can directly benefit from.

Our university is listed by the Society of Actuaries (SOA) as one of the Universities & Colleges with Actuarial Programs with an Advanced Curriculum (UCAP-AC). This list provides its members with several benefits that a student can directly benefit from.

  • First, Reimbursement of fees for three individual student preliminary exam registrations each academic year

    • Exams must be taken between July 1 – June 30

    • Eligible exams include: SRM, FAM, ALTAM, and ASTAM

    • UEC credit is also eligible for reimbursement. See the Reimbursement of fees form for more details.                                                

  • And also, participation in one of the following programs each academic year:                                                                                                                 

    1. Reimbursement for the purchase of study materials for SOA preliminary exams up to $500 USD                                    
      Form must be filled out by June 30 in order to be considered for this benefit. Receipts are required and the purchase date should fall within the current academic year (July 1-June 30).                                                                                                    

    2. SOA sponsorship for an approved on-campus event up to $500 USD
      The form must be filled out and the event take place during the defined academic year (July 1-June 30) to be considered for this benefit.

      • The event must be pre-approved.

      • There must be at least one actuary speaking at the event.​                                                                                                                                

    3. Reimbursement of travel costs and/or registration fees for student travel to an approved actuarial conference up to $500 USD
      Reimbursement for travel costs are for, at minimum, two (2) students to attend one (1) approved actuarial conference up to a total of $500 USD per academic year (July 1-June 30). Registration cost and travel expenses will be reimbursable. Reimbursement will be paid to the person(s) who incurred the expenses. The event must be pre-approved before the event takes place in order to qualify for reimbursement.                                                                                  

       Application forms may only be submitted by the UCAP faculty contact on behalf of the university.

Moreover, very interestingly, since our program is an accredited IFoA university program, the exemptions from the IFoA Core Principal subjects (CSs, CMs, and CBs) can be then used to get waivers from several SOA examinations. We provide the details in the following table.

image.png

For additional information related to the SOA's benefits and waivers, one can consult:

Benefits Of Being A UCAP University/College | SOA

2025 Waiver rules for Institute and Faculty of Actuaries (IFoA) Exams

edu-app-waiver-fac-ins.pdf (link which has the application to get a waiver)

bottom of page