Actuaries - Risk is Opportunity
Actuarial Directory
Search by:
Advanced Search
My Account
CPD Requirements
Learn more about the SOA CPD requirement.
Go
Exam Registration
Register for exams and requirements.
Go
Calendar
View professional development opportunities.
Go
Find a section
Education

Academic Exam Fee Reimbursement Program

The Academic Exam Fee Reimbursement Program was established as a means to reduce the economic barrier for university and college faculty members and graduate Ph.D. students who may lack monetary support. The SOA will reimburse certain exam and assessment fees for successful full–time faculty members of accredited universities and colleges and full–time graduate students in Ph.D. programs subject to the following:

Eligibility Requirements:

University and college faculty members:

  • Must be full–time faculty member at the time the exam is taken (or the assessment is downloaded) with a university or college accredited by a nationally recognized body (documentation required).
  • Must have passed Exams P and FM.
  • Must have a passing result on exam(s) or assessment(s) submitted for reimbursement.

Graduate Ph.D. students:

  • Must be enrolled full–time in a Ph.D. program at the time the exam is taken or the assessment is downloaded (documentation required).
  • Must have no other substantial employment outside the university.
  • Must have passed Exams P and FM.
  • Must have passing result on exam(s) or assessment(s) submitted for reimbursement.

The following exams and assessments will be eligible for fee reimbursement under this program (successful attempts only):

  • Exam MLC
  • Exam MFE
  • Exam C
  • FAP Assessments*
  • Fellowship-level exams


Eligible faculty members and Ph.D. students interested in receiving a fee reimbursement for the above exams/assessments should submit an Academic Exam Fee Reimbursement application along with the required documentation. Details regarding the required documentation can be found on the application.

*If an FAP Initial or Final assessment is passed on a retake, only the retake fee amount will be reimbursed.