The Insurance Institute of Canada has three financial support programs open for current IIC students, all with application deadlines this September.
The Lloyd King Scholarship closes September 18 at 5 p.m. ET, the John E. Lowes Insurance Education Fund closes September 25 at 5 p.m. ET, and the Alberta Insurance Council Grant's fall nomination deadline closes September 25 at 3 p.m. MST.
"Each year, the Insurance Institute looks forward to hearing from applicants for these financial assistance programs, and recognizing the eventual recipients in their pursuit and commitment to insurance education," said Peter Hohman, president and CEO of IIC.
The Lloyd King Scholarship, a charitable trust running since 2009, offers up to two awards of $2,500 to Atlantic Canada residents pursuing full-time undergraduate studies at universities in the region who are current IIC members working in P&C insurance, or dependants of IIC members in the industry. Initial consideration goes to applicants from Newfoundland, followed by Nova Scotia, then New Brunswick and Prince Edward Island.
The John E. Lowes Insurance Education Fund, established in 1992 and supported by founding contributor Swiss Re, offers up to two $2,500 university scholarships for students at Wilfrid Laurier University or the University of Calgary's insurance and risk management programs, plus up to two $1,500 college scholarships for students at select Ontario colleges including Fanshawe, Mohawk, Conestoga, Seneca, Humber and Centennial.
The Alberta Insurance Council Grant, established in 2023, offers up to $20,000 annually, split into $3,500 CIP grants and $5,000 ACIP or FCIP grants, for Alberta residents pursuing those designations without employer funding support. Applicants must be members of the Insurance Institute of Northern or Southern Alberta. Odelle Oxley, a student member of the Insurance Institute of Northern Alberta, was named the program's most recent recipient earlier this year.
These three programs return to the same September deadline window each year, and IIC has run this exact announcement in prior years with the same three funds.
The Alberta grant specifically targets a gap the CIP designation path often leaves open: unlike many employer-sponsored study programs, it's built for students whose workplaces don't cover insurance education costs, a detail consistent with the eligibility structure of other IIC-administered bursaries covered previously, including the Rhind Bursary.
For an industry that regularly cites the cost of continuing education as a barrier for brokers and adjusters at smaller firms without dedicated training budgets, these three programs represent a modest but recurring mechanism for closing that gap at the individual level.
