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QS Rank:

verified

178

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University of California: Santa Barbara

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California

United States

The Bachelor of Science in Actuarial Science program at the University of California, Santa Barbara, offered through the Department of Statistics and Applied Probability within the College of Letters & Science, is designed to prepare students for a career in the actuarial profession. This rigorous program focuses on analytical, mathematical, and statistical skills essential for risk assessment and financial forecasting, and is structured to help students pass actuarial exams necessary for professional certifications and career advancement.
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Total Tuition Fees

$1,93,337

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Duration

48 Months

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Median Salary

$50,000

Ranking

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#67

US World and News Report

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#178

QS World University Rankings

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Intake

Fall ( Sept - Nov )

Class Profile

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Class Size

150

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Average Age

22

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Average Work Experience

0 Years

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Full-Time Enrollment

4,588 Undergrads

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Admission Policy

GPA: Require; Rank: Not Used; Prep Courses: Require; Recommendations: Not Used

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International Students

8.58

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Rentention Rate

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93

Career Outcomes

Graduates of UCSB's Actuarial Science program are well-prepared for diverse careers in risk management and financial analysis. They typically find roles as actuaries, risk analysts, financial consultants, and data scientists within various sectors, including insurance companies, pension funds, government agencies, and financial institutions.
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Median Earnings After Graduation

$50,000 / year

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Graduation Rate

85%

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Job Placement

75%

Prospective Job Roles

Risk Analyst

Data Scientist

Actuary

Financial Consultant

Top recruiters

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Eligibility Criteria

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At least 4.04 / None undergraduate GPA is expected.

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At least 4 years of bachelor degree.

English Proficiency Tests

  • TOEFL

    80

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  • IELTS

    7

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  • Duolingo

    115

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Application Requirements

Here's everything you need to know to ensure a complete and competitive application—covering the key documents and criteria for a successful submission.

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Application Fee: 80

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    Transcript

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    Resume

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    English Proficiency Test

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    Academic LOR

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    Resume

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    General LOR

Application Deadlines

Official Test Scores SubmissionRegular
FallJul 15, 2027Dec 1, 2025

Fees and Funding

Tuition and fees are estimates for the 2025-2026 academic year. The total program cost is an estimated figure for out-of-state students over four years. All full- and part-time undergraduate students are automatically enrolled in and charged for the University of California Student Health Insurance Plan (UC SHIP) unless they waive it with comparable coverage.
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Tuition Fees

$48,977 / year

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Overall Cost

$69,256 / year

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Average Total Aid Awarded

$32,746 / year

Funding Options

Merit Scholarship

Need-Based Aid

Scholarship

Average aid awarded: $32,746. 46% of students receive financial aid. 81% of financial need met

Scholarships

Merit-based awards; Need-based financial aid; Regents Scholarship; Departmental awards; External scholarships - From actuarial societies and business organizations.; Cal Grants - For California residents.; Blue and Gold Opportunity Plan - For California residents with income below $80,000.; UCSB Scholarship - For California residents with demonstrated financial need.; Federal Pell Grant; Middle Class Scholarship program - For families with incomes up to $217,000.; Average Financial Aid Package (USD 20,405) - Average aid amount received by 57% of enrolled students.
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    Regents Scholarship

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    Federal Pell Grant

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    Merit-based awards

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    Need-based financial aid

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    Average Financial Aid Package

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    Departmental awards

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    External scholarships

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    Blue and Gold Opportunity Plan

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    Cal Grants

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    UCSB Scholarship

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    Middle Class Scholarship program

FAQs

  • The application fee to pursue Actuarial Science at University of California, Santa Barbara is USD 80 for international students.
  • A student can complete Actuarial Science at University of California, Santa Barbara with in 48.
  • The annual tuition fee to pursue Actuarial Science at University of California, Santa Barbara is USD 29754.
  • The submission of these scores mainly depends on the type of degree/ course selected at the University of California, Santa Barbara. For example, the GMAT test is required to take admission to an abroad graduate management program, the LSAT is required during an abroad Law School admission process, and more. Therefore, check University of California, Santa Barbara requirements before submitting a score.
  • Actuarial Science can help Indian/ international students gain: 1. Quality and Practical Education 2. Global Recognition 3. International Exposure 4. Amazing Job Opportunities 5. Experience of Lifetime and more
  • If a student fulfils all the eligibility criteria and admission requirements of University of California, Santa Barbara, they can easily pursue Actuarial Science. The basic eligibility criteria include the following: 1. A GPA above 3 2. Well-written Statement of Purpose 3. An impressive Letter of Recommendation 4. A Work Experience Certificate (if required) 5. A Statement of Financial Proof 6. Academic Transcripts 7. Valid Visa, etc.
  • An MS degree at University of California, Santa Barbara can usually be completed in 2 years. However, many universities offer a 1-year master’s specialisation as well. You can explore the official University of California, Santa Barbara website to check the course/ degree duration.
  • One can apply for scholarships to pursue their international education at University of California, Santa Barbara by: 1. Looking for country-specific scholarships by contacting the specific scholarship institutions. 2. Applying to or finding out if any subject-specific scholarships are available from the university website/ department.

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