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Bachelor of Science in Risk Management and Insurance

INTO Group - Illinois State University

USA,Illinois

0 Shortlist

48 Months

Duration

CAD 27,574/year

Tuition Fee

CAD 50 FREE

Application Fee

May 2025

Apply Date

USA, Illinois

Type: University

Location Type: Urban

Founded: 1857

Total Students: 20,878 +

Int. Students: 572 +

Campus Detail

Main Campus Address

100 N University St, Normal, IL 61761, United States

Overview
Key Facts
Fees & Funding
Admission Requirements
Scholarships
Student Visa
Work Permit

Bachelor of Science in Risk Management and Insurance

Program Overview

The Risk Management and Insurance major at Illinois State University is a premier, nationally known program that prepares students for a number of different careers in insurance and risk management. The major prepares students to manage a variety of traditional and emerging risks, as well as explore different treatment options including the use of insurance and other risk transfer solutions.

Detailed Program Facts

Program Level

4-Year Bachelor's Degree

Application Processing Days

42 Days

Program Intensity

Full-Time

Duration of Program

48 Months

Program Intakes

Intake Month/Year		Intake Status
jan 2025		Closed
may 2024		Closed
aug 2024		Closed
may 2025		Open
aug 2025		Open

Application Fee

Application Fee: CAD 50 FREE

Tuition Fee

CAD 27,574 per year

*Note: The fee is approximate and is subject to change

Living Cost in INTO Group - Illinois State University

CAD 13,000 per year

*Note: The fee is approximate and is subject to change

The living costs include the total expenses per month, covering accommodation, public transportation, utilities (electricity, internet), books and groceries.

Funding

Check program website for more information about funding options.

English Test Requirements

IELTS
- Minimum Overall Score - 6.5
TOEFL
- Minimum Overall Score - 79
PTE
- Minimum Overall Score - 53.0
DUOLINGO
- Minimum Overall Score - 105.0

Minimum Level of Education Required: To be accepted into this program, applicants must have Grade 12 / High School Diploma.

Minimum CGPA Required: 60.00 %

Additional Information

Scholarships

Jesse W Fell Scholarship
$12,000/year
• Apply for admission by November 1 for the following academic year
• Scholarship application is due December 15
• Direct Undergraduate Freshman
• Eligible for the Honors Program
• Minimum cumulative GPA of at least 3.75 on a 4.0 scale
• Awarded through a competitive scholarship competition
• Renewable up to four years if student maintains a cumulative 3.0 GPA

Undergraduate International
$1,000 __ $2,000/year
• Renewable annually for four years or through the length of the student’s original study plan, if student maintains a cumulative
2.75 GPA
• Minimum 3.0 GPA for $1,000 per year
• Minimum 3.5 GPA for $2,000 per year

Graduate International
Admissions Scholarship $2,000/year
• Minimum 3.5 GPA on 4.0 scale
• Students with graduate assistantships are not eligible
• Renewable annually through the length of the student’s original study plan, if the student maintains a cumulative 2.75 GPA

Illinois State Scholarships
Scholarship	Award/Benefits	Requirements	Frequency
Undergraduate International Admissions Scholarship	$1,000/year (3.0 GPA) $2,000/year (3.5 GPA)	Students must have achieved the cumulative admission GPA indicated.	Renewable annually through the length of the student’s original study plan, if the student maintains a cumulative 3.0 or 3.5 GPA
Graduate International Admissions Scholarship	$2,000/year (3.5 GPA)	Students must have achieved the cumulative admission GPA indicated. Students with graduate assistantships are not eligible.	Renewable annually through the length of the student’s original study plan, if the student maintains a cumulative 3.5 GPA
Presidential Scholarship	$11,000/year	Direct Undergraduate Freshman Eligible for the Honors Program Minimum 1360 SAT (or equivalent ACT) Minimum cumulative GPA of at least 3.5 on a 4.0 scale Apply for admission by November 15 for the following academic year Awarded through a competitive scholarship competition Scholarship application is distributed by invitation and is due in early January	Renewable up to 4 years
International Baccalaureate Scholarship	$1,000	Direct Entry Freshmen who complete the IB Diploma Program or IB Career-Related Certificate Program Apply for admission by November 15 for the following academic year Submit eligibility form online Academic credentials must be verified no later than July 15 Awarded as funds are available	One-time awa

Work Permit

PGWP

Optional Practical Training or OPT is a period during which students, who have completed their degrees in the USA, are permitted to work for one year on a student visa by the United States Citizenship and Immigration Services (USCIS). OPT allows students to work for up to 3 years and develop real-world skills to survive in the competitive jobs market.

It is temporary employment for a period of 12-months that is directly related to the major area of study of an F-1 student. Eligible students have the option to apply for OPT employment authorization before completing their academic studies and/or after completing their academic studies.

A student can participate in three types of Optional Practical Training (OPT):

Pre-Completion OPT: This is temporary employment provided to F-1 students before completion of their course of study.
Post-Completion OPT: This is temporary employment available to F-1 students after completing their course of study.
24 Month STEM Extension: Students enrolled in STEM (Science, Technology, Engineering, and Mathematics) courses can a 24-month extension after their initial Post-Completion OPT authorization.