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Modeling the Future Challenge (MTFC)

THE ACTUARIAL FOUNDATION

Funding Amount

Varies

Deadline

Rolling / Open

Grant Type

foundation

Overview

Modeling the Future Challenge (MTFC)

Description: A national academic competition in which high school students learn real-world data analytics, mathematical modeling, and actuarial science by applying these skills to tackle contemporary societal challenges.

Geographic Scope: United States (national competition)

Focus Areas:

  • Mathematical modeling and data analytics

  • Actuarial science concepts

  • Real-world problem solving

  • Predictive analytics

  • Collaborative team-based learning
  • Student Eligibility:

  • High school students

  • Teams compete together

  • Traditionally underserved students (through Underserved Engagement Initiative)
  • Program Features:

  • Real-world data analytics projects

  • Mathematical modeling applications

  • Actuarial science education

  • Team-based competition

  • Mentor/judge involvement from actuarial professionals

  • Semi-finalist and finalist stages
  • Special Initiatives:

  • Underserved Engagement Initiative: Goal to increase and expand access by including high school students who are traditionally underserved through:

  • - Targeted outreach
    - Specially developed program materials
    - Focus on Title 1 schools

    Related Events:

  • Modeling the Future Symposium
  • Support Available:

  • Mentorship from actuarial professionals

  • Judging by actuaries

  • Access to STEM Stars Actuarial Scholars Program information
  • Past Success:

  • Hundreds of talented high school students introduced annually

  • Semi-finalist recognition for outstanding projects

  • Published research opportunities for winning projects

  • State-level science research symposium recognition
  • Contact Information:

  • The Actuarial Foundation

  • 869 E. Schaumburg Rd. #321, Schaumburg, IL 60194-3654

  • Phone: 847.706.3535

  • Email: info@actfnd.org

  • Website: actuarialfoundation.org
  • How to Apply

    Application Process

    Project Development:
    1. Form a high school student team
    2. Select a real-world challenge or societal problem
    3. Apply mathematical modeling and data analytics
    4. Incorporate actuarial science concepts
    5. Develop predictive models and forecasts
    6. Document analysis and findings

    Competition Stages:

  • Semi-finalist stage (intermediate evaluation)

  • Finalist stage (final evaluation)
  • Evaluation Criteria:

  • Quality of mathematical modeling

  • Application of actuarial concepts

  • Data analysis and interpretation

  • Real-world relevance and impact

  • Team collaboration and problem-solving

  • Communication of findings
  • Support During Competition:

  • Access to mentors from actuarial profession

  • Feedback from judges

  • Guidance on project development
  • Feedback and Revision:

  • Judges provide constructive feedback

  • Teams can revise work based on feedback

  • Opportunity for publication and presentation at state level
  • Focus Areas & Funding Uses

    Fields of Work

    stem-educationminorities

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