General Information
　　The Society of Actuaries Board of Governors and the Casualty Actuarial Society (CAS) Board of Directors are pleased to offer a measure designed to provide financial relief to eligible candidates of qualified countries. This program began in January 2001. This package describes the program details and contains the program application.
　　The CAS supports the program financially for any eligible property/casualty candidates while they are writing the joint CAS/SOA examinations (Examinations/Courses 1-4). The CAS also maintains a similar program for its examinations (Examinations 5-9) that are not offered jointly with the SOA. Candidates who are specializing in property/casualty or general insurance practice may direct any inquiries about fee discounts on the CAS upper-level examinations to the CAS at tdowney@casact.org.
　　Candidate Eligibility Requirements
　　The Candidate must be a current full-time resident of a qualified country. (A complete list of qualified countries is attached.) Residents of the U.S. and Canada are not eligible.
　　The Candidate must attest that he or she is personally paying for examination fees and study materials and that he/she is not being reimbursed by an employer, or a company or other individual or entity.
　　The Candidate must complete a one-time application for financial relief, attesting to the need for assistance.
　　The Candidate will lose eligibility upon leaving the country, or upon receiving financial support or reimbursement for examination fees and/or SOA published study materials.
　　If a candidate meets the requirements and is approved for assistance, should the country lose eligibility in a subsequent year, the candidate will retain the right to assistance for a period of three years, starting from the date that the country loses its eligibility.
　　Candidates must write their examinations within a qualified country.
　　Candidates may not register for more than two examinations per exam session under the discount program. Standard fees will be assessed on registrations which exceed this limit. This limit will be observed when candidates register for both CAS and SOA exams.
　　Candidates may attempt the same examination no more than three times under the reduced examination fee program.
　　Program Details
　　Examination Fees
　　Approved candidates will be charged reduced examination fees. A complete fee schedule will be sent to approved candidates.
　　Approved candidates may not register for more than two examinations per exam session under the discount program. Standard fees will be assessed on registrations, which exceed this limit.
　　Candidates may not register for Courses 5, 6, or 8 if they have not previously written and earned credit for a minimum of three of the four Basic Education Courses, 1-4. Standard registration restrictions applicable to all candidates for Course 7 Pre-test and Course 7 also apply to discount program candidates.
　　The SOA reserves the right to restrict registrations or purchases of study material.
　　Study Materials
　　Study notes for Courses 1-6 are available electronically at no cost to the candidate. Please see www.soa.org for more information.
　　Study notes for Courses 7-8 will be available at reduced prices plus the cost of shipping.
　　Textbooks published by the Society of Actuaries will be available at reduced prices plus the cost of shipping.
　　Approved applicants may purchase only one copy of a particular textbook or study note package.
　　Approved applicants may not purchase study materials, which are pertinent to courses for which they already have credit. Similarly, approved applicants may not purchase more than one type of Course 8 study notes.
　　Application Process
　　Candidates must apply to this program before attempting to register for an examination. Applications and exam registration forms will not be accepted concurrently.
　　The candidate must complete the attached application and submit it to the Society of Actuaries. Applications must be submitted before registering for an examination(s). It is recommended that applications be submitted no later than March 1 for the May examination session or August 1 for the November examination session. Upon approval, candidates will be sent specially marked examination registration, study note and textbook order forms. These order forms will indicate the reduced fees and prices available to the approved applicant. It is important to note that approved candidates are requested to not distribute these forms to other candidates.
　　Applications are not accepted via e-mail. If you fax your application, please do not submit a duplicate via mail.
　　For subsequent examination sessions, candidates who previously received assistance, and who continue to meet the criteria, will receive specially marked forms by January 1 for the May examination administration/July 1 for the November examination administration. Candidates need only apply for assistance once.
　　Candidates or employers may direct questions to Leslie Fausher, Core Studies and Global Initiatives Administrator at the Society of Actuaries, lfausher@soa.org, 847·706·3547, phone or 847/273-8547, fax.
　　2003 Assistance Qualified Countries
　　Albania
　　Algeria
　　Angola
　　Argentina
　　Armenia
　　Azerbaijan
　　Bangladesh
　　Belarus
　　Benin
　　Bolivia
　　Bosnia
　　Botswana
　　Brazil
　　Bulgaria
　　Burkina Faso
　　Burundi
　　Cambodia
　　Cameroon
　　Central African Republic
　　Chad
　　Chile
　　China *
　　Colombia
　　Congo
　　Costa Rica
　　Croatia
　　Czech Republic
　　Dominican Republic
　　Ecuador
　　Egypt
　　El Salvador
　　Eritrea
　　Estonia
　　Ethiopia
　　Gabon
　　Gambia
　　Georgia
　　Ghana
　　Guatemala
　　Guinea
　　Guinea-Bissau
　　Haiti
　　Honduras
　　Hungary
　　India
　　Indonesia
　　Jamaica
　　Jordan
　　Kazakhstan
　　Kenya
　　Latvia
　　Lebanon
　　Lesotho
　　Lithuania
　　Macedonia FYR
　　Madagascar
　　Malawi
　　Malaysia
　　Mali
　　Mauritania
　　Mauritius
　　Mexico
　　Moldova
　　Mongolia
　　Morocco
　　Mozambique
　　Namibia
　　Nepal
　　Nicaragua
　　Niger
　　Nigeria
　　Pakistan
　　Panama
　　Papua New Guinea
　　Paraguay
　　Peru
　　Philippines
　　Poland
　　Romania
　　Russian Federation
　　Rwanda
　　Saudi Arabia
　　Senegal
　　Sierra Leone
　　Slovak Republic
　　South Africa
　　Sri Lanka
　　Syrian Arab Republic
　　Tanzania
　　Thailand
　　Togo
　　Trinidad & Tobago
　　Tunisia
　　Turkey
　　Turkmenistan
　　Uganda
　　Ukraine
　　Uruguay
　　Uzbekistan
　　Venezuela
　　Yemen
　　Zambia
　　Zimbabwe
　　* Excluding Hong Kong & Taiwan
　　Note: Examination centers are not established in all qualified countries. Also, the accessibility of examination services in the following countries is contingent upon the availability of secure and reasonable shipping methods: Algeria, Central African Republic, Congo, C?te d'Ivoire; Iran; Iraq; Kyrgyz; Lao PDR; North Korea; Sudan; and Tajikistan.
　　Examination and Study Material Fee Discount Program Application

 

 
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