Bermuda’s largest academic scholarship fund

The Association of Bermuda International Companies offers Bermuda’s largest academic and needs based scholarship fund for Bermudian students. For more than 46 years its scholarship programme has supported promising students at the undergraduate and post-graduate levels leading to careers in Bermuda’s international business sector and supporting services.

The ABIC Education Awards are supported by more than 50 member companies looking to encourage young Bermudians to join the international business sector. In the past decade the programme has given more than $6M to 190 Bermudian students pursuing full undergraduate or post-graduate degrees at accredited colleges or universities abroad.

• Scholarships are awarded based on financial need, academic ability, good character, and field of study.

• Approximately 60 applications are received from Bermudian students each year with 18 – 20 students being awarded undergraduate twoyear scholarships valued at $30,000 and one post-graduate scholarship valued at $20,000.

• In 2010 ABIC partnered with several other scholarship providers to launch a comprehensive online scholarship resource, www.bermudascholarships.com that gives students the ability to search for available scholarships and apply directly online.

• On the 35th anniversary, ABIC announced a new scholarship, the Shernelle Outerbridge Memorial Award sponsored by Zurich for an additional $15,000 for undergraduate business or finance studies.

• In 2016 ABIC partnered with PwC to provide a separate annual award to support a Bermudian student excelling in accounting at the undergraduate or post graduate level who can demonstrate financial need and who is studying accounting at an accredited international university.

• Each year PwC provides the shortlisted students with an interview training workshop prior to their interviews.

• Each awardee is assigned a mentor who will provide one-onone support, knowledge sharing, perspective and wisdom that will help students with their education and career choices.

The submission deadline for the ABIC Education Awards is March 31st, 2023.