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Student admission to the IFoA Q&As

To become a student member of the IFoA, you will need to complete our online Student membership application form.

Application criteria and process

Are there any qualification criteria I need to meet to apply for Student membership of the IFoA?

No. Following consultation with IFoA members, as of the 12 March 2020, educational entry criteria for Student membership of the IFoA have been removed. You no longer need to provide comprehensive school, university and post-graduate qualification details and supporting documents.  

Do I need to pass CM1 or CS1 exams as a non-member before applying for Student membership of the IFoA?

No. You no longer need to pass either CM1 or CS1 exams as a non-member before applying for Student membership of the IFoA, 

Will I receive confirmation that my application is received?

Once you complete and submit your online application you will be taken to a web page which confirms that your application has been successfully submitted.  

How long will my application take to process?

Depending on volumes received Admission applications can take up to 3 weeks to be processed. You will be notified by email from educationservices@actuaries.org.uk once your application has been accepted.

Exams entry and admission

Deadlines for submitting applications

We accept admission applications throughout the year. However in order to guarantee that your application will be completed in good time for the exam sessions, please submit your applictaion well in advance of our published deadline dates. Deadline dates can be found on our Making your exam booking web page.

Can I book an exam before my Student membership has been confirmed? 

For the September 2020 examinations you must be confirmed as a student member to sit any of our exams.

Fees

How much are Student membership subscription fees?

Your membership subscription fee will depend on your personal annual income. You can find information on our Subscription information web page

How do I obtain reduced rate fees?

You will be able to apply for reduced rate membership subscription fees by completing th Reduced rate section of the online form. Income thresholds for reduced rate subscription fees are listed on our Subscription information web page.

Do I need to pay an entrance fee?

Yes. In addition to paying your membership subscription fee, you will also need to pay an entrance fee of £135.00.

How do I pay for my admission application?

We accept payments for admission applications by credit or debit card, AMEX, PayPal, cheque and BACS (bank transfer).

Once your application is successfully submitted, if your chosen method of payment is credit or debit card, AMEX or PayPal you will be sent an email with a link and instructions on how to make payment. This can take up to 3 weeks from when you submit your application. Once you have made payment via the link in the payment email you will received an email confirming your membership within 24 hours.  

If your chosen payment method is via bank transfer or cheque you will receive an email confirming your membership with the IFoA up to 3 weeks from when payment is received.

If your application is not accompanied by a remittance advice or a follow up cheque towards the payment we will assume that you wish to pay online and the relevant instructions and link will be emailed to you.

How long do I have to pay the admission application invoice online?

For card payments, once you receive the payment link your payment is due immediately. However after 30 days audits will be run and if our payment has not been received, your application may be removed. Please note you will not become a full student member or be able to book any exams until this invoice is paid.
 

Apply for Student membership of the IFoA
 

Contact Details

Education Services Team

education.services@actuaries.org.uk

Institute and Faculty of Actuaries, 1st Floor, Park Central, 40/41 Park End Street, Oxford, OX1 1JD

+44 01865 268207

We aim to respond to all enquiries within two working days.

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Events calendar

  • Autumn Lecture 2020: Professor Elroy Dimson

    Online webinar
    14 October 2020

    Spaces available

    Many individuals and institutions have a long-term focus, and invest funds for the benefit of future generations. Their strategy should reflect their long horizon. University endowments are one of the oldest classes of institutional investor, and I will present the first study of the management of these endowments over the very long term.

  • GIRO Conference 2020 Webinar Series

    Available to watch globally in November.
    02-13 November 2020
    Spaces available

    This year's GIRO has been re-designed as a virtual conference to offer members and non-members the opportunity to get up to date content from leading experts in the general insurance field via online webinars. All sessions will be recorded and made available to purchase and re-watch post-event on the IFoA's GI Online Learning Resource area

  • Life Conference 2020 Webinar Series

    Online
    16 November 2020 - 27 November 2020

    Spaces available

    This year's Life Conference has been re-designed as a virtual conference to offer members and non-members the opportunity to get up to date content from leading experts in the life insurance field via online webinars. All sessions will be recorded and made available to purchase and re-watch post-event on the IFoA's website.

  • Spaces available

    The webinar will discuss the challenges and opportunities schemes face in evaluating end game options, choosing a target state and understanding the impact this strategic decision could have on member outcomes long after the “end state” is reached. Adolfo, Kevin and Rhian bring over 60 years of experience in the industry and a variety of perspectives as scheme actuary, covenant adviser, trustee, de-risking adviser and insurer.

  • Spaces available

    Cash-flow driven investing is a game-changer for DB pension funds navigating their end-game. Suitable for sponsors who want to reduce risks on their balance sheets. And for trustees, it shifts the focus to providing greater certainty of returns, managing funding level volatility and ensuring they have enough income to pay cash-flow requirements.

  • Spaces available

    Patrick Kennedy, Partner at Gateley Legal and Founding Director of Entrust (a leading professional pensions trustee company), will be delivering an update on the latest legal developments during the course of 2020. With both a pensions legal perspective and over 25 years of trustee service, Patrick will seek to highlight how the letter of the law has continued to evolve against the backdrop of a difficult and challenging year

  • Spaces available

    The talk will provide an understanding of the priorities and relationships between deficit reduction contributions, in the context of wider scheme funding, and different types of value outflow from the employer based on the working party’s recently published report.