LINCOLN, Neb. (AP) — The University of Nebraska-Lincoln actuarial science program has been given a $500,000 gift to support outstanding teachers.

The university says the money comes from Ameritas Life Insurance Corp., of Lincoln. The company established the Ameritas Actuarial Faculty Fellowship Fund as a permanent endowment at the University of Nebraska Foundation.

The fund lets the university award one or more annual stipends to actuarial science faculty members who excel in teaching, research and creative activities.