Scholarship Information

The Richmond CPCU chapter awards annual scholarships to college-bound high school seniors, undergraduate college students, as well as professionals in the insurance industry. The chapter is accepting scholarship submissions until May 1st, 2026. Winners will be announced on June 1st, 2026 via email. Please see below for details.

High School Scholarship: Scholarships are awarded to selected college-bound high school seniors based on an expected interest in pursuing a business degree. Consideration will be given based on academic and extracurricular achievements and application responses. Eligible students must be graduating high school seniors who reside in the Greater Richmond Region and intend to continue enrollment in an accredited Virginia four-year college or university with an interest in pursuing a career in the insurance and risk management industry. This is a one-time scholarship for up to $1,000. Click here for guidelines and submission details.

Bruce Kay Scholarship for Undergraduate Studies: Scholarships are awarded to selected undergraduate college students based on an expected interest in pursuing a career in the insurance and risk management industry. Consideration will be given based on academic and extracurricular achievements and application responses. Eligible students must be an undergraduate student enrolled in an accredited Virginia four-year college or university with an interest in pursuing a career in the insurance and risk management industry. This is a one-time scholarship for up to $5,000. Click here for guidelines and submission details.

Mary Beth Scherer Scholarship for Professional Development: Scholarships are awarded to selected professionals in the insurance and risk management industry. Consideration will be given based on lack of company financial support for continuing education through the Institutes, individual’s dedication to the industry, and application responses. Eligible professionals must be active in the insurance and risk management industry with an intent to complete a designation offered by The Institutes. Each scholarship awarded will paid in the form of a voucher to be used towards a professional designation class, Institutes’ course materials, and exam. This is a one-time scholarship for up to $1,000. Click here for guidelines and submission details.

Please use the links above for guidelines and submission details. Submissions must be submitted by 11:59 PM ET on May 1st, 2026. Winners will be notified no later than June 1st, 2026.

Email applications and any questions to [email protected].