Risk managers welcome new scholarship

The Spencer Educational Foundation, Inc. recently introduced a new scholarship fund totaling US$100,000. The Risk and Insurance Management Society, Inc. (RIMS)’s Atlanta Chapter donated the funds for the new scholarship, called the “RIMS Atlanta Chapter Scholarship.” RIMS says that all monies received from the RIMS Atlanta Chapter will be used to award undergraduate scholarships of US$5,000 to Georgia residents pursuing an undergraduate degree in risk management or insurance. The RIMS Atlanta Chapter Scholarship, a merit based scholarship, will be granted annually to awardees who meet all academic requirements of Spencer. RIMS Atlanta Chapter has been a supporter of the Spencer Educational Foundation for 26 years, donating from the proceeds of its annual educational conference and golf tournaments.Since 1980, more than US$2.6 million in scholarships and US$1.4 million in grants have been awarded to risk management students and universities. In 2006, the Foundation awarded US$375,000 in scholarships and US$145,000 in grants.