The Worshipful Company of Insurers (WCI) Future Insurer Scholarship

The Worshipful Company of Insurers (WCI) Future Insurer Scholarship is a major award scheme for undergraduate students beginning selected degrees of relevance to the insurance industry in September 2025.

The Scholarship offers financial support totalling £18,000 each over three years to three 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 £4,000 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 Worshipful Company of Insurers.

Applications for the 25/26 academic year are now open and will close at 9am 1^st October 2025.

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 2025:

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 2025/26 household income between £0-£42,875, as assessed by Student Finance
• Have a home address (postcode) from an area known to be among the most deprived in the country (determined via the Index of Multiple Deprivation, the UK’s official measure of relative deprivation.)
• not be receiving external sponsorship for your course e.g. from industry/employers (University Core Bursaries and Government grants do not affect your eligibility)

The scholarship will not be paid during any pause in continuation of a student’s studies, such as resits or an industrial placement year. Payments will resume when the student continues to progress the core three-year academic programme and the total amount they receive will be unaffected.

* 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

Please read the application guidance before you complete your application.

Guidance notes for 2025/26