"These scholarship recipients represent the future of our industry and, based on their collective credentials, our industry will be in very good hands," said Tim Meacham, Spencer's Scholarship Committee Chairman COO of Lockton Benefits Companies, in a statement.

The Spencer Educational Foundation named 70 full-time undergraduate, graduate and Pre-dissertation Ph.D. students as its 2018 Spencer Scholars. The students, selected and screened from a pool of more than 730 applicants, represent 28 schools.

Undergraduate scholarships awarded students $5,000 each, while master's and pre-Ph.D. dissertation scholars received $10,000 each. A total of $390,000 was given out. These awards bring the number of scholarships awarded by the non-profit to 1,051.

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“The best and the brightest”

In addition to 33 general undergraduate scholarships, the Spencer Educational Foundation awarded 29 named undergraduate scholarships. All those scholarships are for $5,000. The named scholarships were sponsored by 16 insurance industry organizations.

Additionally, risk managers pursuing part-time master's degrees are eligible for scholarships worth up to $10,000. The deadline for these scholarship applications is May 1. More information about eligibility and such can be found on the organization's website.

“These scholarship recipients represent the future of our industry and, based on their collective credentials, our industry will be in very good hands,” said Tim Meacham, Spencer's Scholarship Committee Chairman COO of Lockton Benefits Companies, in a statement. “These students have been and continue to be among the best and brightest students entering the workplace and we thank our donors for their generosity which allows us to continue our mission by providing them with these scholarships.”

A full list of the 2018 Undergraduate and Graduate scholarship recipients is available on the company's website.

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Denny Jacob

Denny Jacob is an associate editor for NU PropertyCasualty360. Contact him at [email protected].

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