Actuarial Science Program Receives Grant from Travelers

Morgan State University’s Actuarial Science Program Receives Grant from Travelers Insurance

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Photo by Adeolu Eletu on Unsplash

Baltimore, MD, June 2020 – The Actuarial Science Program at Morgan State University has received a $325,000 grant from Travelers Insurance.

The grant will support the Actuarial Science Program, the Summer Academy of Actuarial and Mathematical Sciences (SAAMS, a summer pipeline program), and the Travelers EDGE Scholarship Program, which funds students from three different schools at Morgan State University: The School of Computer, Math and Natural Sciences, The School of Business and The School of Engineering.

Travelers has funded Morgan’s Actuarial Science Program since its inception in 2008 and Morgan State University is the first and only Historically Black College or University (HBCU) to award its students with a Bachelor of Science degree in Actuarial Science. In addition, approximately 60 scholars have been funded by the Travelers EDGE Scholarship Program in the Baltimore area since 2008.

Travelers is ensuring opportunity by contributing to efforts that create strong, vibrant communities and offer pathways to success. Through corporate funding and the Travelers Foundation, Travelers targets its giving to three key outcomes: academic & career success, thriving neighborhoods and culturally enriched communities. With the primary focus of educating underrepresented students to lead tomorrow’s workforce, Travelers also contributes to organizations that aid in developing communities through small business support and neighborhood revitalization, and enriching lives and learning through arts and culture.

About Travelers
The Travelers Companies, Inc. (NYSE: TRV) is a leading provider of property casualty insurance for auto, home, and business. A component of the Dow Jones Industrial Average, Travelers has approximately 30,000 employees and generated revenues of approximately $30 billion in 2018. For more information, visit www.travelers.com.