The Chartered Insurance Institute (CII) Future Insurer Scholarship

The Chartered Insurance Institute (CII) Future Insurer Scholarship is a major award scheme for undergraduate students beginning selected degrees of relevance to the insurance industry in September 2024.

The Scholarship offers financial support totalling £16,500 each over three years to six academically able students from sections of the community who are traditionally under-represented in HE and aim to enter the insurance industry after graduation. 

The scholarship will assist students with their essential living costs and reduce the tuition fee for which they are liable. This will be achieved through an annual award towards living costs of £3,500 in addition to a contribution towards the student’s tuition fee of £2,000 every year for up to three years.

Students will be required to provide an annual statement to the donor reporting on their progress and explaining the extent to which the Scholarship has supported them during the academic year.

The Scholarship is funded by The Education and Training Trust of the Chartered Insurance Institute.

Please submit your completed application by Wednesday 19 June 2024. Late applications cannot be accepted.

Eligibility criteria

To be eligible for this scholarship, you must: 

• have an offer to enrol for the first year of one of the following undergraduate degrees at the University of Nottingham (UK Campus) in Autumn 2024:

1. BSc (Hons) Finance, Accounting and Management
2. BSc (Hons) Industrial Economics with Insurance
3. BSc (Hons) Industrial Economics
4. BSc (Hons) Management*

• select all three of the following modules with the aim of entering the insurance industry after graduation:

1. Risk, Information and Insurance
2. Risk Management Decisions
3. Risk Management Processes

• be studying for your first undergraduate degree
• have Home funding status
• have a 2024/25 household income of between £0-£42,875, as assessed by Student Finance
• not be receiving external sponsorship for your course e.g. from industry/employers (University Core Bursaries and Government grants do not affect your eligibility)
• students enrolled on one of the above degrees with a placement year are eligible for the Scholarship, but will not receive funding through the Scholarship during a placement year

We will also consider whether your home postcode is in an area of deprivation according to the Index of Multiple Deprivation.

* Applicants must study module Quantitative Methods 1b. If they do not possess the appropriate level of post-GCSE Maths qualifications, they would also be required to study Quantitative Methods 1a to allow them to study 1b. (QM1a and QM1b are not core aspects of BSc [Hons] Management, requiring these students to opt in to these modules to be eligible for the Scholarship.)

How to apply

Applications for the scholarship are open until Wednesday 19 June 2024.

If you believe you are eligible for the CII Future Insurer Scholarship based on the above criteria, we encourage you to fill out the online application.

Please read the application guidance before you complete your application.