The Actuarial Science program at the University of Central Oklahoma is the only such program in the state of Oklahoma. The course of study was originally designed by Actuaries at American Fidelity Assurance Co. in Oklahoma City. The focus of the degree program is to give students a strong analytical background in the areas of mathematics and statistics as well as the actuarial specific topics such as theory of interest and mathematics of life contingencies.
What is an actuary? An actuary is a business professional who analyzes the financial consequences of risk. Actuaries use mathematics, statistics, and financial theory to study uncertain future events, especially those of concern to insurance and pension programs. Actuaries may work for insurance companies, consulting firms, government, employee benefits departments of large corporations, hospitals, banks and investment firms, or, more generally, in businesses that need to manage financial risk. A career as an actuary is better described as a "business" career with a mathematical basis than as a "technical" mathematical career. More general information about actuaries may be found at www.beanactuary.org.
The University of Central Oklahoma is committed to providing affordable tuition to our students and their families from all over the world. UCO recognizes and rewards student achievements by offering scholarships and awards on the basis of academic merit, talent in the fine arts or athletics. Other awards are based upon financial need. Students may qualify for both types of awards.
On-campus employment is also available to assist international students with their cost of living. International students may apply for on-campus jobs and work up to 20 hours per week after they arrive. On-campus employment is not guaranteed.
- Full list of Scholarships available to Undergraduate Freshman students, please Click here.
- Full list of Scholarships available to Undergraduate Transfer students, please Click here.
- Full list of Scholarships available to Graduate students, please Click here.
Please note that applying for most of these scholarships does not require any action from a student. Scholarship decision is made by an Admission's Advisor based off your academic and English proficiency scores. The exceptions are President's Leadership Council, Leaders of Tomorrow Council and Legacy Non-Resident Waiver scholarships.
- Leadership Scholarship - $400 (one-time award)
- Each Spring semester, several applicants will be awarded pending funding by the administration. The elected ISC President will be awarded $1000.00 each Spring and Fall semester.
- International Pageant Scholarship - Scholarship amounts are granted each Spring for the top three winners of male and female category.
- Non-Resident Tuition Waiver Scholarship - up to $1,000 (one-time award). Scholarship is awarded to the student based on their GPA and leadership involvement while studying at UCO.
- For a list of other scholarship opportunities, please refer to UCO Scholarships and UCO Scholarship Application Utility.
*In most cases, scholarships are stackable but may not exceed the cost of tuition.
Actuary career opportunities include:
- Financial Analysis
- Risk Management
Cost & Fees
- Resident General Tuition Fee per credit hour: $205.35
- Non-Resident General Tuition Fee per credit hour: $344.90