LAAIA Scholarship Award

LAAIA Scholarship Foundation was established in 2018 and it is meant to assist students or individuals interested in the insurance industry. The Spencer Educational Foundation has partnered with the Latin American Association of Insurance Agencies (LAAIA) to create two new merit-based diversity scholarships through an $11,000 pledge by LAAIA, Ascendant Insurance Solutions, and AmTrust Financial Services. This year, The Latin American Association of Insurance Agencies Scholarship will be awarded to two undergraduate students who self-identify as Latinx/Hispanic American. Spencer awards scholarships to undergraduate, graduate, and Ph.D. students pursuing risk management and insurance careers with financial support ranging from $5,000 to $10,000. 

Submission Guidelines & Qualifications

  • Must be enrolled full-time (12 hours or more per semester) at an accredited college/university in the United States or Canada for the full 2021-2022 academic year.

  • Must seek a career in Risk Management/ Insurance.

  • Relevant work/ internship experience and leadership skills preferred.

  • Must be majoring/minoring in Risk Management/ Insurance or related field of study (e.g., actuarial science, business, finance, information technology).

    • A Risk Management/Insurance major/minor is preferred, but applicants in related fields of study will be considered.


  • Must have GPA of 3.3 or higher (on a 4.0 scale)

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