The Actuarial Foundation will use the $300k to support two of its math initiatives.
"The Hardest Math Problem" is a new national math competition for middle schoolers developed along with Scholastic, an educational publishing company. The contest involves an engaging, real-world story and problem and includes targeted outreach to reach and include more girls in the competition. Grand prizes include a laptop and $5,000 for a 529 college savings plan.
"Math Motivators”, a tutoring program, will expand to serve middle school students. The program helps close the achievement gap by pairing underserved middle and high school students with professional actuaries and college students for free math tutoring and SAT prep. These programs further the Actuarial Foundation’s 25-year legacy of promoting math education and financial literacy. The grant continues the New York Life Foundation’s support of programs that prepare middle school students for whatever challenges lie ahead on their path to high school and beyond.
Read more about the grant here
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