Subtracting from your tuition bills without multiplying future loan debt is probable through scholarships for math majors. Mathematics programs exist from the associate to doctoral level for students to apply abstract numerical concepts. Courses draw from various math branches, including geometry, algebra, statistics, calculus, and trigonometry.
Quantitative skills are highly prized in many top-paying STEM fields, so Kiplinger’s Personal Finance ranked mathematics as the #10 “Best College Major.” The BLS predicts that 10-year job growth for math occupations will skyrocket by 28 percent! Studying mathematics leads to diverse titles like actuary, operations research analyst, statistician, secondary teacher, credit manager, underwriter, tax examiner, and stockbroker.
Find the monetary resources to enter these data-driven careers with the following 20 math scholarships.
1. AICP Scholarship Program
Deadline: June 3rd
Established in 1985, the Association of Insurance Compliance Professionals (AICP) awards three tuition scholarships of $1,500 apiece each year to undergrad and graduate students who plan to work in the insurance industry. Acceptable majors include actuarial mathematics, economics, finance, mathematics, statistics, and risk management. Recipients must take at least two courses at accredited U.S. colleges with a cumulative GPA of 3.0 or higher throughout the funding cycle.
AICP Scholarship Program
12100 Sunset Hills Road Suite 130
Reston, VA 20190
2. Barry M. Goldwater Scholarship
Deadline: January 27th
In honor of his 30-year tenure with the U.S. Senate, Congress created the Barry M. Goldwater Scholarship to provide $7,500 annually. As one of the most competitive math scholarships, the program only accepts full-time sophomores and juniors holding a minimum 3.0 GPA at accredited two- and four-year institutions. United States citizens must be pursuing research careers in mathematics, engineering, or natural sciences, including physics, geology, and psychology.
Barry M. Goldwater Scholarship
6225 Brand Avenue Suite 215
Springfield, VA 22150
3. Bernard Harris Math and Science Scholarship
Deadline: April 15th
Sponsored by ExxonMobil, the Bernard Harris Math and Science Scholarship grants $5,000 annually to two male and two female minority students who are accepted into four-year bachelor’s programs for mathematics, science, and engineering. Eligibility criteria requires self-identifying as African American or Hispanic, being graduating seniors in a Council of Great City School, displaying academic achievement with an unweighted GPA above 3.0, and being active in community service.
Bernard Harris Math and Science Scholarship
1330 Post Oak Blvd. Suite 2550
Houston, TX 77056
4. Claude B. Hart Memorial Scholarship
Deadline: April 1st
The Winston-Salem Foundation (WSF) in North Carolina manages the Claude B. Hart Memorial Scholarship to recognize college-bound seniors at Elkin High School who’ve chosen majors in mathematics, computer science, or engineering. Recipients earn $1,000 yearly for $4,000 total to afford attending accredited, senior U.S. colleges. Eligible 12th graders must need financial assistance, demonstrate academic promise with a 2.5 GPA or better, and show leadership in school/community involvement.
Claude B. Hart Memorial Scholarship
334 Elk Spur Street
Elkin, NC 28621
5. Curtis E. Huntington Memorial Scholarship
Deadline: June 16th
Math majors could earn $2,000 from The Actuarial Foundation through the Curtis E. Huntington Memorial Scholarship, which remembers the Mutual Life Insurance VP who enthusiastically served as Chair until 2013. It’s reserved for full-time college seniors with outstanding mathematically ability and a minimum 3.0 GPA who’ve passed at least one SOA actuarial exam to pursue this risk management profession. There’s also the Actuary of Tomorrow Scholarship or Caribbean Scholarship available.
Curtis E. Huntington Memorial Scholarship
475 North Martingdale Road Suite 600
Schaumburg, IL 60173
6. Francis J. Flynn Memorial Scholarship
Deadline: March 15th
Devoted to preparing “Better Men for a Better World,” the Tau Kappa Epsilon Fraternity donates over $400,000 yearly through scholarship funds, including the Francis J. Flynn Memorial Scholarship. Each Spring, this program seeks active TKE members who are earning bachelor’s degrees in mathematics or education with a minimum 2.75 GPA. Preference is given to Tekes from the Theta-Sigma Chapter at St. John’s University, but any chapter leaders are welcome.
Francis J. Flynn Memorial Scholarship
7439 Woodland Drive Suite 100
Indianapolis, IN 46278
7. Geoffrey R. Laird Memorial Scholarship
Deadline: February 1st
The Community Foundation of Northern Illinois (CFNIL) initiated the Geoffery R. Laird Memorial Scholarship for $1,000 to honor the Boylan High School senior who tragically died at 17. Qualified men must be under 23 years old, reside in Winnebago County, intend to enter a four-year college, pursue a major in math or science, excel with a cumulative GPA above 3.0, and have need for financial assistance. Applications must include a 500-word essay highlighting obstacles students have overcome.
Geoffrey R. Laird Memorial Scholarship
946 North Second Street
Rockford, IL 61107
8. Kia Motors America STEM Scholarship
Deadline: March 9th
The United Negro College Fund (UNCF) partnered with Kia Motors America to present a $5,000 STEM Scholarship for underrepresented minorities who are studying math, chemistry, physics, statistics, engineering, computer science, biology, and related fields. To qualify, candidates must attend UNCF-affiliated colleges like Morehouse and Wilberforce, attain junior or senior status, hold United States citizenship, and carry a minimum “B” average. Priority is given to permanent residents of California.
Kia Motors America STEM Scholarship
1805 Seventh Street NW
Washington, DC 20001
9. Mary Rhein Memorial Scholarship
Deadline: March 1st
As the national mathematics honor society, Mu Alpha Theta offers the Mary Rhein Memorial Scholarship for $5,000 annually to remember the Ohio math teacher’s 22-year leadership tenure. Eligible winners must be graduating high school seniors or community college transfers, excel in math, act as chapter ambassadors, and maintain a minimum 2.5 GPA. Other scholarships for math majors include the Kalin Award, Paul R. Goodney Scholarship, and Sallie Scudder Memorial Scholarship.
Mary Rhein Memorial Scholarship
3200 Marshall Avenue Suite 190
Norman, OK 73019
10. MATHCOUNTS Alumni Scholarship
Deadline: March 14th
Valued at $3,000, the MATHCOUNTS Foundation’s Alumni Scholarship is awarded yearly to outstanding high school seniors who participated in the program during sixth, seventh, or eighth grade. Eligible alumnus must be pursuing an associate or bachelor’s, matriculate full-time at accredited U.S. colleges, be taking at least one math course, participate in The National Math Club, and write a maximum 1,000-word essay about the impact of their MATHCOUNTS education.
MATHCOUNTS Alumni Scholarship
1420 King Street
Alexandria, VA 22314
11. Math in Moscow Scholarship
Deadline: March 30th
The American Mathematical Society (AMS) offers the Math in Moscow Scholarship for $10,600 annually to send U.S. citizens abroad to Russia for semester-long, mathematically intensive programs. Five recipients are chosen to study at the Independent University of Moscow, Higher School of Economics, or Moscow Center for Continuous Mathematical Education yearly. Suitable applicants must be skilled problem-solvers majoring in mathematics or computer science at accredited U.S.-based institutions.
Math in Moscow Scholarship
201 Charles Street
Providence, RI 02904
12. Mutual of Omaha Actuarial Scholarships
Deadline: October 20th
As a Fortune 500 mutual insurance firm headquartered in Nebraska, Mutual of Omaha grants several $5,000 Actuarial Scholarships to encourage minority students of African American, Hispanic, Native American, or Asian heritage to become certified actuaries. Eligible full-time undergraduates must attain 24+ college credits, pursue a math-related major, sustain a minimum overall GPA of 3.4, and pass at least one SOA actuarial exam. Finalists are entered for a paid summer internship in Omaha too.
Mutual of Omaha Actuarial Scholarships
3300 Mutual of Omaha Plaza
Omaha, NE 68175
13. NCTM Mathematics Course Work Scholarships
Deadline: November 3rd
Endowed by the Dale Seymour Fund, the National Council of Teachers of Mathematics (NCTM) provides the Mathematics Course Work Scholarships for $3,200 to certified teachers working in Grades PreK-5, Grades 6-8, or Grades 9-12. Funding covers graduate-level education programs where emphasis is placed on mathematics content. Eligible educators must be current NCTM members, have three or more years of classroom experience, and submit a principal’s recommendation.
NCTM Mathematics Course Work Scholarships
1906 Association Drive
Reston, VA 20191
14. Payzer Family Scholarship Fund
Deadline: February 2nd
The Experimental Aircraft Association (EAA) helps students’ dreams take flight with nine annual scholarships, including the Payzer Family Scholarship Fund. For this $5,000 merit-based award, candidates must be enrolling full-time at an accredited U.S. institution for study in engineering, math, or physical/biological sciences. Competitive candidates will be graduating high school seniors, carry a minimum 2.0 GPA, pursue careers emphasizing technical information for aviation, and participate in community service efforts.
Payzer Family Scholarship Fund
3000 Poberezny Road
Oshkosh, WI 54902
15. Phil Guza Memorial Scholarship
Deadline: April 15th
Established to honor an Aon client specialist who died in the World Trade Center attacks on September 11, 2011, the Phil Guza Memorial Scholarship awards $1,000 to $3,000 annually to deserving students entering higher education. Funding helps college-bound high school seniors pursue baccalaureate study in mathematics or science. Preference is given to students at Phil’s alma mater, Abraham Lincoln High School in Philadelphia. Don’t forget to attach an SAT/ACT score, recommendation letter, and 500-word personal essay.
Phil Guza Memorial Scholarship
40 Booth Street
North Andover, MA 01845
16. Reuben H. Fleet Memorial Scholarship
Deadline: February 1st
The San Diego Foundation awards over $2.3 million annually through 160 funds, including scholarships for math like the Reuben H. Fleet Memorial Scholarship. Receiving this $5,000 award requires living in California’s San Diego County, attending a four-year university in the United States, holding at least 54 semester or 72 quarter credits, declaring a STEM-related major, and possessing a cumulative GPA of 3.5 or higher, and completing 100+ hours of meaningful community service.
Reuben H. Fleet Memorial Scholarship
1420 Kettner Blvd. Suite 500
San Diego, CA 92101
17. Sister Mary Petronia Van Straten Scholarship
Deadline: March 1st
The Wisconsin Mathematics Council, Inc. created the Sister Mary Petronia Van Straten Scholarship to present $2,000 annually in honor of a Mount Mary College who inspired young mathematicians for 36 years. Eligible recipients must reside in “America’s Dairyland,” enroll in a public or private teacher preparation program in Wisconsin, have completed 16+ credits of math courses, hold a cumulative GPA surpassing 3.0, and intend to teach mathematics at the elementary or secondary level.
Sister Mary Petronia Van Straten Scholarship
N11117 Stonewood Drive Suite 204
Germantown, WI 53022
18. TMCF/Wells Fargo Scholarship
Deadline: May 6th
Worth $3,500 per semester or $7,000 yearly, the Wells Fargo Scholarship from the Thurgood Marshall College Fund (TMCF) selects upperclassmen who are pursuing majors in business, finance, mathematics, accounting, statistics, and relevant fields. Appropriate applicants would be studying at one of America’s 47 public HBCUs full-time, have U.S. citizenship or legal residency, demonstrate leadership ability, maintain a minimum “B” average, and have unmet financial need on the FAFSA form.
TMCF/Wells Fargo Scholarship
901 F Street NW Suite 300
Washington, DC 20004
19. Waldemar J. Trjitzinsky Memorial Awards
Since 1991, the American Mathematical Society (AMS) has bestowed the Waldemar J. Trjitzinsky Memorial Awards for $3,000 apiece to assist undergraduates who are in danger of not completing their bachelor’s degree in mathematics for financial reasons. The AMS randomly selects institutional members by geographic regions to gift these one-time awards to needy young mathematicians. Unlike most math scholarships, there’s no application because students are nominated by their department chair.
Waldemar J. Trjitzinsky Memorial Awards
201 Charles Street
Providence, RI 02904
20. Wray Jackson Smith Scholarship
Deadline: April 1st
The Government Statistics Section of the American Statistical Association (ASA) awards the $1,000 Wray Jackson Smith Scholarship each year to full-time graduate students who are pursuing advanced training in statistics and mathematical sciences. Chosen recipients will already hold a bachelor’s degree, attend accredited U.S. graduate schools, plan careers in government, and propose an innovative research project related to federal statistics. Similar funds include the Gertrude M. Cox Scholarship for Women and John J. Bartko Scholarship.
Wray Jackson Smith Scholarship
3210 Shelter Cove Avenue
Davis, CA 95616
According to Bloomberg BusinessWeek, bachelor’s degrees in math yield a healthy return on investment of 18 percent. Advancing to lucrative careers like mathematician where the median yearly salary is $111,110 usually requires attending graduate school though. Even number-oriented students with a passion for intellectual puzzles can struggle to calculate enough money for higher education. Financial aid is essential to lower your math program’s tuition and fees for free. When the dollar signs don’t add up, consider these 20 great scholarships for math majors to unearth extra funds.