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My parents would be happy to pay for housing but if Tuition could be give for a good candidate who can pay back (as an alumni), that would be what I am looking for.
A good college SHOULD look into investing in (us citizens) kids for better ROI as a long term investment - at least, that’s my hope,
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While that may make some sense, it doesn’t really work that way.
Colleges who give merit do so for relatively short-term goals, to get the best students on campus to help the schools’ profile for ranking purposes.
Colleges are limited by their budgets just like families are. They don’t have unlimited funds either. They invest carefully in various areas that serve their purposes.
Make sure the school you choose has enough ‘wiggle room’ if you decide to change your major. For example DD’s room-mate loves calculus and math - also loves environmental, so thought she would go into civil eng. However once the chemistry, thermo-dynamics etc hit, she realized that she needs to adapt to where her strengths and interest are - so she decided accounting, and is loving it - currently in her junior year.
I don’t think you necessarily need to major in “Actuarial Science” to become an actuary. I believe a degree in math, accounting or finance can prepare you to take the exam. Second, the more money you are seeking the less choosy you can be as it relates to your choice in university. A full ride, even with your stats, means that you will likely need to compromise. That doesn’t mean you can’t go to a good school, frankly most of the universities in this country are pretty good, it just means you will not have nearly as many universities to choose from.
That is absolutely true. You don’t need to major in ActSci to become an actuary. However, if I compare 2 paths:
Path # 1 designed to take me to the goal and
Path # 2 can also take to the goal but not designed to do so
It is obvious that Path # 1 would be preferable, if one is serious about reaching the goal.
Schools that have a degree in Actuarial science have courses and curriculum designed to help pass the exams that one must clear before becoming an actuary. Given an option, it would probably make better sense to go with a school which has an actuarial program and also marked as a CAE or UCAP by the SOA.
Having said that, I plan to do a double major in a second like Finance or Economics. Most schools do allow this.
As I find most people not interested in math, I am only hoping that majority of the population goes with something other than math and actuarial science and someone to recognize my passion for statistics, probability and calculus and award me some financial help.
But I also realize that people who are interested in math, they are extremely good and LOVE it. So, it becomes a niche subject presenting a great challenge as well.
I am going to try the best and leave the rest to LUCK!
You don’t have to major in actuarial science to become an actuary, but as noted above, a college with this major will really help with exam passage, which is not easy. Also, colleges with the major and with active programs will attract the on-campus recruiters, which is really important.