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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