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University of Nebraska–Lincoln


Mutual of Omaha Examination Award Program

The award program is for actuarial science majors who are successful on the examinations given by the Society of Actuaries and the Casualty Actuarial Society.

Exam Instructions

Instructions for Submitting an Actuarial Exam or VEE Fee Reimbursement
  1. Submit the following to Kathy Mellick, HLH 425Y,, within 2 weeks of receiving your official results (official exam results arrive about 8 weeks after taking an exam):
    1. Hard or electronic copy of your application receipt.
    2. Hard or electronic copy of your official grade for the exam or official transcript for VEE credit earned.
    3. If your results come in summer or over winter break, you have until 4:00 p.m. on Friday of the second week of classes the following semester to submit this information to Kathy Mellick
  2. Update the following items in MyRed:
    1. Under “Student Accounts”, make sure you have added a bank account to receive financial aid refunds by direct deposit. To set this up, go to “Student Accounts”, click on “Enroll in Direct Deposit”, scroll to the bottom and click “ADD”.
    2. Make sure that you have an accurate address stored in MyRed, you can check under “Student”, “Home”, and scroll down to your “Profile”, if your current and permanent address are not correct, then click “Update Profile” and make the necessary changes.
  3. Reimbursements:
    1. If you have a balance on your UNL student account, then your exam/VEE fee reimbursement will be applied to that balance.
    2. If you do not have a balance on your UNL student account, then your exam/VEE fee reimbursement will be directly deposited to your bank.
Graduating Seniors

If you take an exam during the last eight weeks of your final semester, you can submit for reimbursement within two weeks of receiving your official results.

If you took a VEE course your final semester, you must apply for VEE credit before the end of the month you graduated, and submit for reimbursement within two weeks of receiving your official notice that VEE credit was granted.

To be reimbursed, you must keep a bank account valid in MyRed or make sure your address is correct in MyRed.

Actuarial Science Scholarships

Applicant must be an Actuarial Science Major, who is a U.S. Citizen or Permanent Resident. Scholarships are based primarily on potential to succeed in Actuarial Science and secondarily on financial need. The number of scholarships awarded and the amount of each scholarship are dependent upon the amount of contributions available for distribution. The allocation of these funds is determined by a subcommittee of the Nebraska Actuaries Club’s Advisory Board for Nebraska’s Actuarial Science Program, in conjunction with the Actuarial Science Program faculty. Recipients may re-apply for the grant for one additional year. Applications are available in Business Advising and Student Engagement, CoB 125 or on their website. Deadline to apply is February 15.

Online Application

Raikes School of Computer Science and Management

Raikes School of Computer Science and Management
University of Nebraska-Lincoln
P.O. Box 880409
Lincoln, NE 68588-0409
Phone: 402-472-6000

Students admitted to the Raikes School are typically eligible for Nebraska's highest level of merit-based tuition scholarships, receive the University Honors Program textbook scholarship, and are considered for partial room and board scholarships for housing in the Kauffman Center, home of the Raikes School.

Daniel J. Ford Memorial Scholarship

Created in memory of Daniel J. Ford, a 1985 Nebraska Actuarial Science graduate, who passed away in 1986, this scholarship is designed to provide assistance to students in financial need. Information regarding this scholarship is available in Business Advising and Student Engagement, CoB 125.

Nebraska Actuaries Club (NAC)/Nebraska Insurance Federation Scholarships

These scholarships will be awarded to incoming freshman students who demonstrate a strong interest in the actuarial profession. Detailed information and application forms are available at

Part-Time and Summer Jobs

Many students obtain actuarial employment on a part-time basis during the school year with local insurance companies, or full-time during the summer with actuarial employers from around the United States. These positions not only provide needed income for the student, but they also provide valuable on-the-job experience.

Other Scholarships for Actuarial Science Students

Information regarding scholarships for actuarial science students from other sources is available from Be an Actuary.


Vagts, Sue
Director of the Actuarial Science Program, Ameritas Actuarial Faculty Fellow, David P. Hayes Chair of Actuarial Science and Associate Professor of Practice in Actuarial Science
HLH 415 B
P.O. Box 880490
Lincoln, NE 68588-0490