CAS Re-Launches The Actuary — A Career Change: Elizabeth M. Mauro Reimbursement Program

The Casualty Actuarial Society (CAS) is honored to lead the next chapter of The Actuary — A Career Change: Elizabeth M. Mauro Reimbursement Program, an initiative that provides financial and professional support to career changers transitioning into the actuarial profession.

Originally established by the Actuarial Foundation, the program commemorates the life and legacy of Elizabeth “Liz” M. Mauro, FCAS. Liz shifted her career to the actuarial profession after working for several years as a social worker and went on to become a dedicated Fellow of the CAS while working at Zurich North America. Following her passing in 2011, her family and friends endowed an exam reimbursement program to ensure that others making similar career changes would have access to the support they need to succeed.

The Mauro Reimbursement Program aims to ease the financial and professional challenges of entering the actuarial field. Accepted candidates will receive reimbursement for the cost of an actuarial exam and associated study materials. Candidates will also be paired with a CAS member to act as a mentor for six months, offering career guidance, encouragement, and advice. By combining practical assistance with personal mentorship, this program helps career changers focus on building their knowledge and advancing toward an actuarial career.

To be considered, an applicant must meet the following eligibility criteria:

  • Must be 25 years of age or older by the application deadline
  • Must have not received any actuarial designation
  • Must be legally authorized to work in the U.S.
  • Must have passed at least one actuarial exam within the 24 months prior to the application deadline
  • May not receive (or be entitled to receive) reimbursement for exam registration fees and/or the cost of study materials through any other source (including university or employer programs)

Individuals who qualify are invited to apply online. The first application deadline is October 31, 2025. Beginning in 2026, the program will offer two application cycles annually.

By continuing this program in Liz’s name, the CAS seeks to honor her legacy by sharing her example of perseverance and dedication. Career changers bring unique perspectives and valuable experiences to the property and casualty actuarial profession, and the CAS is committed to supporting their success through the Mauro Reimbursement Program.

This program would not be possible without the commitment of the CAS’s dedicated volunteer task force, many of whom are career changers themselves — whose prior careers range from long-haul trucking to personal trainer, to math teacher to history professor, with many stops in between. If you are interested in serving as a mentor, you can volunteer in the Portal by following these instructions.


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A vibrant promotional graphic for the CAS 2025 Annual Meeting. On the left, a bright turquoise square contains the CAS logo and bold black text that reads “2025 Annual Meeting.” Beneath it, in magenta text: “Where Risk Innovation Sparks Creation.” Below that, black text states: “Austin, Texas — November 9–12, 2025.” To the right, radiating turquoise concentric arcs blend into a background of horizontal gradient stripes transitioning from pink to lime green, creating a dynamic and energetic feel.

CAS Student Conference at the Annual Meeting – Austin, TX

November 11, 2025 | 8:30 a.m. – 2:45 p.m.

The Casualty Actuarial Society is excited to host a free one-day Student Conference during the 2025 Annual Meeting in Austin, TX! This event is designed for university students interested in pursuing an actuarial career.

What to Expect:

  • Connect and Network with CAS Members
  • Learn More About the CAS and the Property and Casualty Industry
  • Attend Professional Concurrent Sessions and Student-Specific Sessions
  • Take Professional Headshots

Registration is open to members of CAS Student Central. Students not yet members can easily sign up online, and then register to attend the event. There is no cost to attend, but participants are responsible for their own travel and lodging expenses (if applicable).

Agenda

8:30 a.m. – 8:45 a.m. Registration and Headshots
8:45 a.m. – 9:30 a.m. Welcome and Introduction to the CAS
9:30 a.m. – 11 a.m. Reinsurance Case Competition Presentations or Concurrent Session
11 a.m.– 11:15 a.m. Break and Transition
11:15 a.m. – 12:15 p.m. Concurrent Session
12:15 p.m.– 1:30 p.m. Lunch and Speed Networking
1:30 p.m.– 2:30 p.m. Artificial Intelligence and Actuaries in General Insurance
2:30 p.m. – 2:45 p.m. Wrap-Up and Group Picture

Register Now!

As a new addition to the programming, we are excited to host an optional student case competition focused on Reinsurance. This is an intermediate-level case that assumes familiarity with basic P&C insurance concepts. Students can sign up on an individual and be placed in teams or can sign up with classmates as a team. Students that do not wish to participate in the case competition will have the option to either watch the presentations during the student conference or attend a concurrent session.

The case will be introduced in the weeks leading up to the student conference, with final presentations taking place during the event. Participants will have the chance to compete for a cash prize and present their work to CAS Leadership and practicing actuaries. Please note the space for this is limited and interested students should sign up no later than October 10.

Case Competition Sign-Up

If you have questions, please contact CAS University Engagement Manager, Margaret Gaddy, at MGaddy@casact.org.

The 2025 CAS Annual Meeting will be held at:

Fairmont Austin
101 Red River Street, Austin
Texas 78701, United States


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2025 CAS Trust Scholarship Recipients Announcement

The Casualty Actuarial Society (CAS) is thrilled to share the winners of the 2025 CAS Trust Scholarship! This award was made with the intention of furthering students’ interest in the property and casualty actuarial profession and encouraging the pursuit of CAS designations. The CAS received a record number of applications from around the world this year, resulting in an incredibly competitive cycle. This year’s eight recipients have demonstrated remarkable achievements, both academically and professionally, as well as a strong commitment to the P&C industry.

The 2025 awardees are Ava Brown, Jolin Cheung, Radhika Damle, Michal Gabrick, Saul Garcia, Sang Huynh, Duong Nguyen, and Alexia Xu.

$5,000 CAS Trust Scholarship Recipients

The awardees of the $5,000 CAS Trust Scholarship are Jolin Cheung, Radhika Damle, Sang Huynh, and Alexia Xu.

Jolin Cheung is a fifth-year student at McMaster University, where she is studying Actuarial and Financial Mathematics. In 2024, she interned at Echelon Insurance, where she gained experience with both the Commercial Property Pricing and Corporate Actuarial teams. This summer, she has returned to Echelon for another internship, working with the Corporate Actuarial and Personal Auto Pricing teams. She is also actively involved in the McMaster Actuarial Society.

“I am honored to receive this recognition from the CAS and deeply grateful for the support from my mentors, family, and friends. I’m excited to continue pursuing my passion for the profession and to give back to the next generation of actuaries.”

Radhika DamleRadhika Damle is a rising senior at the University of Nebraska – Lincoln in the Jeffrey S. Raikes School of Computer Science and Management, where she is majoring in Actuarial Science and Data Science with a minor in Computer Science. She previously held actuarial internships at Lincoln Financial and Travelers, and will gain additional actuarial experience through her internship at State Farm this summer. Radhika is currently serving her second term as the President of the Actuarial Science Club. She has held leadership positions as an Ambassador for the Honors program and Gamma Iota Sigma, and serves on the study advisory board for the College of Business.

“I am truly honored to be selected as a recipient of the 2025 CAS Trust Scholarship Award. Knowing that I have this support is very inspiring for me as I continue to grow and pursue my goals in the actuarial profession.”

Sang Huynh is in his final year of a master’s program in Actuarial Science, a joint degree between the Institut de Science Financière et d’Assurances in France and the National Economics University in Vietnam.Sang Huynh is in his final year of a master’s program in Actuarial Science, a joint degree between the Institut de Science Financière et d’Assurances in France and the National Economics University in Vietnam. After interning at Sun Life Vietnam in 2023 in an IT role, he found and developed a strong interest in the actuarial profession, which led him to pursue graduate studies in the field. In Summer 2024, he joined ORLab at National Economics University (NEU) as a Research Collaborator, contributing to a project in Portfolio Optimization. Currently, his research focuses on bias and fairness in insurance pricing.

“Receiving this recognition from the CAS is an incredible honor, one that I owe to the unwavering guidance of my professors and mentors, who are also my dearest friends. This isn’t just an award; it’s a powerful affirmation that fuels my ambition to become a researching actuary, dedicated to pushing the boundaries of actuarial science with work that genuinely matters.”

Alexia Xu is a fourth-year undergraduate student at the University of Toronto, specializing in Actuarial Science and majoring in Statistics.Alexia Xu is a fourth-year undergraduate student at the University of Toronto, specializing in Actuarial Science and majoring in Statistics. She is currently an actuarial intern at Intact Financial Corporation on the Personal Lines pricing team, after previously interning with their Specialty Lines pricing team in winter 2024. Her past experience also includes internships at Definity Financial Corporation in Commercial Lines pricing and at iA Financial Group in P&C pricing. Alexia has held leadership roles with the University of Toronto Actuarial Science Club, the Actuarial Students’ National Association (ASNA), and the Quantify Case Competition.

“I’m honored to receive the CAS Trust Scholarship and for the support I’ve had along the way. This recognition inspires me to further pursue my passion for actuarial science and give back to the community with purpose and dedication.”

$2,500 CAS Trust Scholarship Recipients

The awardees of the $2,500 CAS Trust Scholarship are Ava Brown, Michal Gabrick, Saul Garcia, and Duong Nguyen.

Ava Brown is a rising senior at Stanford University, where she is studying Data Science and interested in using machine learning and statistics for risk assessment.Ava Brown is a rising senior at Stanford University, where she is studying Data Science and interested in using machine learning and statistics for risk assessment. She spent the summer of 2023 as a data analytics intern with the Life and Annuity Predictive Analytics team at Milliman and the summer of 2024 as an investment banking intern with the Healthcare group at Goldman Sachs. In 2025, she will be joining Bridgewater Associates as a summer investment associate. Ava currently serves as the Executive President of the Associated Students of Stanford University, Executive Vice President of BLK Capital Management, Corp., President of TEDxStanford, and Team Manager of the Stanford Equestrian Team.

“I am incredibly thankful for the opportunity to be recognized as a CAS Trust Scholarship Recipient. This scholarship will help me make the most of my final year at Stanford as I explore data analytics, risk assessment, and the actuarial profession. The support of the actuarial community is unmatched, and I am grateful for the guidance and motivation I have found from outstanding organizations like the CAS.”

Michal Gabrick is a rising senior at the University of Texas at Austin, where he is studying Mathematics with a minor in Computer Science.Michal Gabrick is a rising senior at the University of Texas at Austin, where he is studying Mathematics with a minor in Computer Science. In the summer of 2025, he is working as an actuarial intern at Aon on the reinsurance solutions team, focusing on credit reinsurance. Michal currently serves as an officer for the University of Texas Actuarial Science Club and is the editor of the Actuarial program’s semesterly student newsletter.

“Receiving this scholarship from the CAS is an incredibly meaningful milestone in my journey toward becoming an actuary. I’m deeply thankful for the encouragement and support it represents, and I look forward to giving back to the actuarial community through hard work, curiosity, and service.”

Saul Garcia is a rising senior at Siena College, where he is pursuing a double major in Actuarial Science and Applied Mathematics with a statistics track, as well as two minors in Computer Science and Data Science.Saul Garcia is a rising senior at Siena College, where he is pursuing a double major in Actuarial Science and Applied Mathematics with a statistics track, as well as two minors in Computer Science and Data Science. He spent the summer of 2024 as an intern at Chubb’s reserving department and is returning for the summer of 2025 in their Westchester Programs company. Saul currently serves as the president of the Actuarial Science Club and the treasurer of the Computer Science Club at Siena.

“I am incredibly honored to receive this recognition from the CAS to help me in my upcoming career. I am also extremely thankful for my academic adviser, professors, parents, friends, and colleagues who supported me in my actuarial development.”

Duong Nguyen is a master's student in the joint program between Claude Bernard University Lyon 1  and the National Economics University.Duong Nguyen is a master’s student in the joint program between Claude Bernard University Lyon 1  and the National Economics University. In summer 2024, she interned in risk management at Bao Viet Life Corporation and later worked as an actuarial intern at Tasco Insurance, focusing on automobile insurance. In summer 2025, she will join PTI Insurance for another actuarial internship, focusing on product pricing. During the 2025-2026 academic year, Duong will continue her studies in France to complete the final year of her master’s program.

“I’m honored to receive this recognition from the CAS. I’m deeply grateful to my family, professors, mentors, and friends for their support — this encouragement inspires me to give back to the actuarial community and support others on their journey.”

LEARN MORE ABOUT OUR CAS TRUST SCHOLARSHIP PROGRAM

The CAS Trust Scholarship Program is funded by donations to the CAS trust, which affords members and others an income tax deduction for contributions of funds used for scholarships and research grants. The CAS Trust was qualified by the Internal Revenue Service in 1979 as a non-profit organization exempt from federal income tax under section 501(c)(3) of the Internal Revenue Code.

CAS members are invited to contribute to the Trust; inquiries and contributions should be addressed to the CAS’s Chief Business Officer, Joyce Warner, at JWarner@casact.org.


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CAS Student Program at the Casualty Loss Reserve Seminar in Philadelphia, PA

The Casualty Actuarial Society is offering an in-person Student Program at this year’s Casualty Loss Reserve Seminar in Philadelphia, PA on September 9, 2025.  Members of CAS Student Central are invited to participate in this FREE one-day program!

CAS Student Program Attendees Will:

  • Learn More About the CAS, Reserving, and the Property and Casualty Industry
  • Network and Connect with CAS Members
  • Attend Professional Concurrent Sessions and Student-Specific Sessions

Registration is open to members of CAS Student Central. Students who are not yet members can easily sign up online, and then register to attend the event. There are a limited number of spaces available, therefore any students that register after we have reached capacity will be placed on a waiting list.

There is no cost for students to register to attend the CAS Student Program. Attendees are only responsible for transportation to/from the one-day event.

Agenda:

9-9:15am — Registration

9:15-10am — Welcome and Introduction to the CAS

10:15-11:15am — Basic Reserving Session

11:15-11:30am — Break and Transition

11:30-12:30pm — Concurrent Session

12:30-1:30pm — Lunch and Speed Networking

1:30-2:30pm — Concurrent session

2:30-2:45pm — Break and Transition

2:45-3:00pm — Evaluation and Group Photo

Location:

Sheraton Philadelphia Downtown

201 North 17th Street

Philadelphia, Pennsylvania

Please contact the CAS University Engagement Team at CASStudentCentral@caasact.org with questions about the event.


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Apply for the 2025 Midwestern Actuarial Forum (MAF) Scholarship

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Objective:

The objective of the scholarship is to further student’s interest in the property/casualty actuarial profession and to encourage the pursuit of CAS designations.

Amount of Scholarship:

Scholarships are awarded based on individual merit. The Midwestern Actuarial Forum (MAF) Scholarship Program will award up to four scholarships to deserving students for the 2025-2026 academic year. Award winners will receive a $2,500 scholarship.

Eligibility – You must meet all requirements to be considered:

  • Must submit all sections of the MAF Scholarship application by September 5, 2025
  • Currently attending a U.S. college or university as a full-time student
  • Applicants must have sat for at least one actuarial exam by July of 2025
  • Preference will be given to residents or those attending schools in one of the Midwest States (Illinois, Indiana, Iowa, Michigan, Minnesota, Ohio, or Wisconsin)
  • Applicants should demonstrate high scholastic achievement and strong interest in the casualty actuarial profession, mathematical aptitude, and communications skills.

You must submit the following:

The five-page MAF Scholarship application.

Letter of Recommendation – Optional

One letter of recommendation may be included along with this application, preferably completed by internship supervisors, instructors, and/or advisers at your educational institution who know you well. However, this is not required.

Incomplete applications will be disqualified without any consideration to partial information received.

Completed applications are due by September 5, 2025. You will be notified of award decisions by September 12, 2025.


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CAS Celebrates 10 Years as a Sustaining Partner of Gamma Iota Sigma

The Casualty Actuarial Society (CAS) is proud to celebrate its 10th anniversary as a Sustaining Partner of Gamma Iota Sigma (GIS), the international professional fraternity for students interested in insurance, risk management, and actuarial science. Sustaining Partners are recognized industry leaders who shape the future of insurance through multi-year commitments to support GIS’s mission to develop a strong and diverse talent pipeline.

Over the past decade, the CAS has worked closely with GIS to provide students with valuable opportunities to learn, engage, and grow within the property and casualty actuarial field.

CAS works with student members of GIS at local chapter meetings, regional events, and at the Annual GIS International Conference. Through career panels, networking events, and more, CAS members and volunteers have assisted in shaping meaningful experiences for students exploring actuarial careers.

Some highlights of the long-term partnership with GIS have included presentations at the Annual GIS International Conference, hosting career development opportunities, supporting the creation of actuarial-focused programming for GIS members, and engaging with members and students through CAS Student Central.


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Register Now for the Spring CAS Student Central Webinar: Risk in Flames: Navigating the Impact of Wildfires in the Property and Casualty Insurance Industry

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Join CAS Student Central on April 30 at 2pm ET for an enlightening one-hour session that delves into the dynamic landscape of the Property and Casualty Insurance Industry amidst the growing threat of wildfires. As climate change intensifies, so does the frequency and severity of wildfires, posing unprecedented challenges for insurers. This session will explore the evolving risks and innovative insurance solutions designed to navigate the complex impact of wildfires. Don’t miss this opportunity to stay ahead in understanding and addressing the fiery challenges reshaping the insurance landscape.

Register Now

Meet the Presenters

Kathryn Koch, FCAS, MAAA

Katie is a Vice President and Principal at Lewis & Ellis. She has a diverse background of experience through her over 20 years of actuarial work experience in regulatory, insurance company and consulting environments.  Katie develops unpaid claim liability estimates in her roles as appointed actuary, audit actuary, self-insured actuary and examination actuary.  As a regulatory actuary, Katie has been responsible for reviewing property and casualty insurance rate filings for both personal and commercial lines as well as working on insurance fund adequacy and company solvency. Additionally, Katie currently serves as the Chair of the CAS Trust Scholarship Task Force and is a CAS University Liaison.

Ken Williams, FCAS, MAAA

Ken is a Staff Actuary of the Casualty Actuarial Society, a leading international organization for credentialing and professional education of actuaries. Founded in 1914, the CAS is the world’s only actuarial organization focused exclusively on property and casualty risks and serves over 10,000 members worldwide.

In his work with the CAS, Ken is a frequent author and presenter on a variety of actuarial subjects.

Prior to joining the CAS, Ken spent 26 years working in the insurance industry in a variety of actuarial practice areas, including pricing, loss reserve analysis, budgeting, and enterprise risk management.

Ken was a lecturer in the Mathematics department at Illinois State University for over 20 years. He holds a BS in Actuarial Science from Purdue University and is both a Fellow of the Casualty Actuarial Society (FCAS), and a member of the American Academy of Actuaries (MAAA).


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CAS Spring Student Conference in Toronto – Register Now!

The Casualty Actuarial Society is thrilled to offer another free student conference at this year’s CAS Spring Meeting! The CAS Student Conference is a unique opportunity for students to learn about the actuarial profession, meet industry leaders, and expand their networks. Taking place in Toronto on May 6, 2025, this one-day event is ideal for university students interested in P&C actuarial work.

Throughout the day, CAS Student Conference attendees will:

  • Meet with practicing actuaries who can offer career guidance, share industry insights, and answer questions about the profession.
  • Network and engage with fellow students and practicing actuaries, building meaningful connections to support their career growth.
  • Attend professional sessions tailored specifically to students.
  • Take advantage of opportunities like a free professional headshot session.

Members of CAS Student Central can register here to attend the conference. Students who are not yet members of CAS Student Central can easily make an account by following these instructions.

There is no cost for students to register to attend the CAS Student Conference at the CAS Spring Meeting. However, attendees are responsible for any travel costs incurred, including transportation and lodging.

Conference Agenda

Time Activity
9:15-9:30 a.m. Registration
9:30-9:45 a.m. Meet and Greet with Travelers Actuaries
9:45-10:45 a.m. Welcome and Introduction to the CAS
10:45-11:00 a.m. Break and Transition
11:00-11:45 a.m. Case Study – Predictive Modeling
11:45 a.m.-12:15 p.m. Professional Headshots
12:15-1:30 p.m. Lunch and Speed-Networking with Mentors
1:30-1:45 p.m. Break and Transition
1:45-2:45 p.m. Bias Measurement and Mitigation in Insurance Pricing – Concurrent Session
2:45-3:15 p.m. Break with Spring Meeting Exhibitors
3:15-3:30 p.m. Break and Transition
3:30-4:30 p.m. Exploring the Quantitative Analysis of Gambling and the Parallels to Insurance
4:30-4:45 p.m. Wrap-Up and Group Picture

If you have any questions, please contact the CAS Student Engagement Coordinator, Meredith Burke, at MBurke@casact.org.

REGISTER NOW!

The 2025 CAS Spring Meeting will be held at the Fairmont Royal York. Please find the full address details below:

Fairmont Royal York
100 Front St W
Toronto, Ontario M5J 1E3


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Apply Now for the 2025 CAS Student Central Summer Program!

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The CAS is now accepting applications for the 2025 Student Central Summer Program! Developed by practicing actuaries, this program is offered in three different formats: the mentor-led program, the East Asia program, and the self-paced option. All three programs are designed to help university students advance their careers through technical and soft skill development.

Mentorship and networking opportunities are additional benefits offered through the mentor-led and East Asia programs.

2025 Mentor-Led Program Details

This eight-week program will run from Monday, June 9 to Friday, August 1. Over the course of eight weeks, participants will gain:

  • Technical Expertise: Deep dive into property and casualty actuarial topics — including pricing, reserving, and data visualization — through engaging weekly modules.
  • Professional Mentorship: Weekly sessions with experienced actuaries who will guide your learning and career growth.
  • Soft Skills Development: Enhance your resume, interview techniques, and professional communication.
  • Real-World Experience: Collaborate in a team-based case competition, addressing a real-life actuarial problem with prizes for winning teams.

Participants will spend approximately 10 to 15 hours a week participating in the program and are expected to attend the program in its eight-week entirety. Presentations and materials will be in English. Successful participants will earn a digital badge from the CAS to showcase their achievement.

What Past Participants Say:

“I thoroughly enjoyed the weekly mentor sessions with my wonderful cohort mates and mentors. I had so much fun sharing and conversing with them about the P&C Insurance industry and gained valuable, which will definitely propel me forward as an Actuary.”

“The CAS Student Central Summer Program was nothing short of a unique and high-quality experience where I got the opportunity to engage in webinars and assignments regarding the topics of Property and Casualty basics – Excel, Data Visualization, Ratemaking, Reserving, Predictive Modeling, and soft skills!”

Who Should Apply?

The program is geared towards university students who are interested in gaining actuarial experience and knowledge of the property and casualty insurance industry. We particularly encourage applications from:

  • Students Without a Summer Internship: If you haven’t secured an internship for the summer of 2025, this program offers a valuable opportunity to gain practical experience.
  • Students from Non-Actuarial Programs or Those in Actuarial Programs with Limited P&C Exposure: If your school doesn’t offer a dedicated actuarial science program—or if your current curriculum provides limited exposure to property and casualty topics—this program bridges the gap through hands-on learning and real-world applications.

Application Information

Students who are interested should submit their application form by Friday, April 11, at 11:59pm EST. Please note, we require one recommendation submitted within the application for the Mentor-Led program.

Applicants will be notified no later than Monday, May 5, regarding the status of their application.

East Asia Summer Program

If you are located in Australia, Mainland China, Hong Kong, Indonesia, Japan, Malaysia, Mongolia, Nepal, Philippines, Singapore, South Korea, Taiwan, Thailand, or Vietnam, please apply to the East Asia Summer Program

The East Asia Summer Program is specially designed for students in the region. It runs for five weeks, from July 6 to August 9. The program covers key general insurance concepts, including pricing, reserving, predicative analytics, reinsurance, IFRS-17, Insurtech, and more.

For more information and application, please visit: CAS Student Central East Asia Summer Program.

Self-Paced Option

For those with limited availability, the CAS Student Central Independent Summer Program is also available. This self-paced alternative runs from June 23 to August 1 and covers the same materials, excluding the case competition and weekly mentor discussions. Interested applicants should complete the CAS Student Central Mentor-led Summer Program application form. Please note that a recommendation is not required for the Independent Summer Program.

The CAS is committed to providing universal access to all of our programs. Any accommodation requests can be submitted during the program enrollment process once admissions notifications have been circulated.

Questions? Please email us at StudentPrograms@casact.org.


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