AFERM Scholarships

AFERM is pleased to offer the AFERM RIMS-CRMP-FED and George Mason University Chief Risk Officer (CRO) Program Scholarship opportunities.

Applications for both scholarships have closed. To apply for either scholarship, you must be an AFERM member AND a federal employee. We appreciate all that applied and look forward to supporting you in making a significant difference in the Federal ERM Community.


AFERM/RIMS-CRMP-FED

A scholarship will be awarded to a recipient, to both attend a RIMS-CRMP-FED Workshop and pay for RIMS-CRMP-FED exam fees, for use until December 31, 2021. The scholarship is valued at $1,075.

The intent of the scholarship is for a professional who possesses the desire and understands the importance of advancing the practice of Enterprise Risk Management (ERM) in the Federal Government.

RIMS-CRMP-FED Scholarship Application Requirements

Degree and Experience Requirement

Bachelor’s degree or higher (or global equivalent) in risk management, and
One year of full-time work experience (or full-time equivalence) in risk management*

OR

Bachelor’s degree or higher (or global equivalent) in non-risk management area of study, and
Three years of full-time work experience (or full-time equivalence) in risk management*

Note: Degrees must be obtained from accredited or equivalent schools of higher education. Internships count toward risk management experience.

Non-Degree Experience Requirement

Seven years of risk management experience*
Internships count toward risk management experience. Possessing the Associate in Risk Management (ARM) and/or Canadian Risk Management (CRM) designation counts towards two years of risk management experience.

*Risk Management Experience is occupational experience that leverages the opportunities and uncertainties associated with an organization’s goals and objectives. This includes implementing, developing or leading the risk management practices that enable an organization to make risk-effective decisions that create and sustain value.

Membership and Employment Requirement

Applicant must be an AFERM member and a federal employee.

Statement of Intent

Provide a brief essay detailing your intention for pursuing the RIMS-CRMP-FED certification. If desired, you may reflect on the importance of advancing the practice of Enterprise Risk Management (ERM) in the federal government through thought leadership, education and collaboration. (500 Words max)


AFERM/George Mason University CRO Scholarship Program

In Memory of Jeanne Spencer

A scholarship will be awarded to a recipient towards their enrollment in the George Mason University Chief Risk Officer Executive Development Program (GMU CRO Program). The scholarship will be for use in the Fall 2020 program, which begins on October 21, 2020 and ends on March 26, 2021. The scholarship is valued at $5,500. The recipient will be responsible for the remaining tuition.

This scholarship is named in memory of Jeanne Spencer, who was a friend to AFERM and instrumental in standing up the GMU CRO Program.

The program is focused on preparing individuals to effectively execute the practices of a CRO in today’s rapidly changing business environment.

The intent of the scholarship is for a professional who possesses the desire and understands the importance of advancing the practice of Enterprise Risk Management (ERM) in the Federal Government, through thought leadership, education and collaboration.

GMU CRO Scholarship Application Requirements

Experience Requirement

Applicants must currently operate in a GS-14, GS-15, or SES level federal position (or equivalent) with oversight of risk, strategy, fraud, budget, performance, and/or program management (or a similar field).

Membership and Employment Requirement

Applicant must be an AFERM member and a federal employee for the duration of the program.

Statement of Intent

Provide a brief essay detailing your intention for pursuing the GMU CRO Program. If desired, you may reflect on the importance of advancing the practice of Enterprise Risk Management (ERM) in the federal government through thought leadership, education and collaboration. (500 Words max)