The intent of the fund is to invest in the next generation of our workforce by (a) awarding a scholarship to assist a college student with meeting their tuition obligations and (b) help these recipients arrange a paid internship at an NACM member company. The goal of the program is to expose a junior or senior to the credit profession, possibly pave the way to their first job out of college, and give them an experience in credit that leave them with an excellent foundation that will serve them throughout their business career. The recipients will be known as Jacobson Scholars.

The Alice M. H. McGregor Scholarship Fund was created as a tribute to Alice McGregor who was a nationally and regionally recognized leader in commercial credit. She had a notable career and was the first woman to earn the NACM designation of Certified Credit Executive (CCE).

Money raised through various fundraisers, direct contributions to the fund, and investment income provide the basis for the McGregor scholarships. The total amount of scholarship funding will vary each year based on available resources.

The Donald Conklin Scholarship for Professional Education was created to acknowledge Don Conklin’s nearly half century of service. He served NACM Business Credit Services as leader, mentor, and advocate for the commercial credit profession. As the association’s president, his commitment to on-going professional education was paramount. He was a believer in the benefits of attending Credit Congress, seminars and other programs focused on keeping credit professionals current in their skills. Awards support members attendance at this kinds of programs.

Funding for the Conklin Scholarship is generously contributed by friends, colleagues and others who share in their respect for Don and his life’s work at NACM.