The Actuarial Foundation has awarded two students from the Department of Mathematics, UWI, Mona with Caribbean Actuarial Scholarships for the 2010/ 11 academic year. The recipients are Tashai Fung from Jamaica whose scholarship is valued at Two Thousand Five Hundred United States Dollars (USD $2500) and Johnathon Craig from Trinidad and Tobago, who received One Thousand Five Hundred United States Dollars (USD $1500).

The Caribbean Actuarial Scholarship was established in memory of Basil L. and Monica G. Virtue by their son-in-law, S. Michael McLaughlin, an actuary who graduated from the University of the West Indies. This scholarship is an annual award to University of West Indies actuarial students who demonstrate a strong record of accomplishment, leadership qualities and a commitment to becoming an actuary.

“I’m delighted that The Actuarial Foundation has awarded these scholarships again in the second year of the Caribbean Actuarial Scholarship, in memory of Basil and Monica Virtue of Spanish Town, Jamaica. We have two well deserving students and wish them the best for their studies and a successful actuarial career and hope to continue this scholarship program for many more years,” said Caribbean Actuarial Scholarship representative S. Michael McLaughlin, Deloitte Consulting LLP.

For more information about this scholarship and other initiatives and activities of The Actuarial Foundation, visit www.ActuarialFoundation.org.