Student admission. Frequently asked questions

Where can I find information about becoming a student member?

You will find all of the information you need about becoming a student member here. The application forms can be found on the right-hand side of the webpage.

What qualifications do I need to become a member?

Our minimum entry requirements are an A level in maths or equivalent qualification, at grade B plus one other A level or equivalent qualification at grade C.

Further information on our entry requirements can be found here.

If an applicant does not have the required qualifications, they can undertake the CT1 exam as a non-member and, providing they pass this exam, they will then become eligible for membership.

Further information about CT1 for non-members can be found here.

Can I fax or email my student membership application?

We do not accept applications by fax or email. We require the original application by post.

How long does my student membership application take to process?

Applications can take up to six weeks to process from the date that they are received at this office. Students should ensure that they allow sufficient time for this process in order that their work-based skills form can be submitted to the Exams Team in time to apply for exams.

What is a certified copy of my qualification?

A certified copy is a photocopy of your certificate which has been signed by a person of professional standing, stating that it is a true copy of the original document.

Will you accept proof of my qualification if it is not in English?

Certificates in any language other than English must be accompanied by duly attested English translations.

Who can act as my referee?

A referee would normally be a person of good standing, e.g. university professor, lawyer, doctor, minister of religion, Fellow of the Institute and Faculty of Actuaries, or other professionally qualified person, who has known the applicant personally for at least two years. Members of an applicant’s own family cannot be accepted as referees.

How can I pay for my admission?

Admission fees can be paid by cheque payable to the Institute and Faculty of Actuaries, credit card or by bank transfer. Our bank details can be found on the application form.

Payment of the subscription fee only can be made by monthly or annual direct debit. The one off admission fee must be paid in full at outset. If you opt to pay by monthly direct debit, a 10% charge is applied to the subscription fee.

Do I qualify for a reduced rate subscription if I am on a low income?

If your income for the subscription year, running from 1 October to 30 September, is below 30 times the annual subscription fee, you can apply for a reduced rate subscription.

If you are eligible for a reduced rate subscription, you should complete a reduced rate application form and submit it with your student membership application form.

Would I be eligible for admission if I have a criminal conviction?

Students should declare any criminal convictions either before or at the time of application along with full details of the case. The details will be forwarded to the Membership Committee who will consider the circumstances surrounding the conviction and decide if it is appropriate for the applicant to gain admission.

How long will it take me to qualify as a Fellow?

The average time taken to qualify as a Fellow is 3-5 years.