Due Nov 8, 2026
Modeling the Future Challenge
Direct application
Up to $25,000
4 winners
Eligibility
Education level
High school
Year of study
Third year
About this scholarship
High school juniors and seniors may form teams of one to five students to compete in the Modeling the Future Challenge, a math-modeling research project analyzing real-world risks using data analysis and actuarial methods. Registration is free and open to students in formal, informal, or homeschool groups.
Teams submit a qualifying report and may advance through semifinals to finals. The top four teams receive tuition scholarships paid to U.S. colleges, with the highest award up to $25,000 divided among team members.
Conduct an actuarial research project with recommendations for a company, organization, or government agency. Teams advancing beyond the first phase receive mentorship from actuarial professionals.
Essay question
What else to submit
- Qualifying report
- Scenario Quest Response
- Waiver forms from each team member and coach
- Visual highlight (video or graphic)
- This is a team-based actuarial math modeling competition (The Actuarial Foundation), not a traditional essay scholarship
- Project Report required: no more than 25 pages, with required sections (Title Page, Executive Summary, Background Information, Data Methodology, Mathematics Methodology, Risk Analysis, Recommendations
- Report formatting: minimum 10-point font, minimum 0.75-inch margins, single-line spacing minimum, page numbers bottom right, running header with team ID and shortened title
- Visual Highlight required (video or graphic showcasing project risk and mitigation strategy)
- Qualifying Scenario Phase requires a Scenario Quest Response (PDF or Word) plus waiver forms from each team member and coach
- Finalist Phase: updated Project Report plus a recorded video presentation no more than 15 minutes
- Optional Climate Resilience Award requires a 2-5 page addendum
- Teams must contain one to five students.
- Competition entry requires an actuarial math-modeling research project analyzing real-world risks and making recommendations.
- Teams may advance through semifinals and finals; finalists submit an updated project report and a recorded presentation of no more than 15 minutes.