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Scholarship Program


The Chinese American Insurance Association (CAIA) Scholarship Program began fifteen years ago under the direction of Stephen Boon, who was the President of CAIA at that time. The CAIA scholarship program was created to honor the memory of Mr. James Ying.

Mr. Ying was one of the original charter officers of the CAIA Board. He dedicated his life to the insurance industry and the Chinese insurance community. His passing was harsh loss to the Chinese insurance community.

The Board of CAIA is pledging its commitment to this scholarship for highly qualified students who can demonstrate excellence in academic achievement, dedication to insurance related studies, and extracurricular activities.  

Other Professional Enrichment Opportunities

In addition to these CAIA Scholarships, CAIA works closely with many major insurance associations, and holds other activities throughout the year. CAIA is a lead sponsor of an Insurance Industry Diversity Career Fair, working with cognate organizations and the insurance industry.

2024 Message

Our annual scholarship package is ready for student applicants!

This year, we have received many qualified candidates from St. John’s University, Columbia University, New York University, Queens College and many others.  After a thorough review by the committee, three students will be selected as recipients for our scholarships.

ELANY Educational Grant


In partnership with ELANY, the Excess Lines Association of New York, we are proud to offer an education grant to be used towards the continuing education and professional development within the excess & surplus lines industry.

CAIA Scholarship Eligibility

In order to be eligible, the candidate must be of Chinese descent, majoring at a qualified institution of higher education in: Insurance Studies, Risk Management, Actuarial Science, or related business majors, such as Business Administration, Finance and Economics.

The selected CAIA Scholar should be available for a 20+ hours per week for 10 weeks internship for CAIA or CAIA designated organizations. Accordingly, a college or university in the Greater New York region is preferred.

CAIA Scholarship Application Instructions

Please read and follow carefully. All applications and accompanying documents MUST be received or postmarked by the Feb 20, 2024 deadline. A short essay is required.

Download a hard copy of College Scholarship Application Form, fill it out, complete all necessary steps, and mail everything to us at:

Chinese American Insurance Association
12 North Hillside Ave
Livingston, NJ 07039

Any questions concerning the CAIA Scholarship process can be directed to Theresa Lee, by e-mailing her at: