ACA International Education Foundation Accepting Scholarship Applications

Applications for the 2021 Loomer-Mortenson Scholarships are open until May 14.

5/4/2021 1:00 PM

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ACA International Education Foundation Accepting Scholarship Applications

Each year, the ACA International Education Foundation (ACAEF) offers scholarships through the Loomer-Mortenson Scholarship Program. These scholarships are designed to help individuals connected to the collection industry and their children to further their education at post-secondary colleges, universities, community or technical colleges.

Applications for the 2021 scholarships are now open until May 14.

“There have been many challenges in the last year and ACA is excited to offer the Loomer-Mortenson scholarships as a resource and investment in helping members and deserving students succeed,” said Roger Weiss, IFCCE, chair of the ACAEF Board. “These scholarships help advance their education and ACA encourages eligible member employees and their children to apply.”

The scholarship program was created in 1985 by Dalton Sheppard Jr. in the memory of Robert E. Loomer, an ACA member and instructor from 1975-1984, and Irvin “Dempsey” Mortenson, ACA’s director of public affairs from 1973-1981.

Sheppard Jr., ACA’s 1985/86 president who was active in advocacy and education efforts throughout his career in the accounts receivable management (ARM) industry, died Jan. 24 at the age of 84.

One of his first goals as ACA president was to establish a scholarship fund to assist dependent children of ACA employees in furthering their education, ACA previously reported.

2021 Program

This year, the ACAEF is offering 35 Loomer-Mortenson scholarships totaling $50,000. The awards include:

  • One first place award for $10,000,
  • One second place award for $5,000,
  • One third place award for $3,000 and
  • 32 fourth place awards for $1,000 each.

ACA encourages members, company managers and state unit leaders to share the Loomer-Mortenson Scholarship opportunity with their staff and colleagues. Please help publicize this message through websites, newsletters, social media or internal email updates and postings in your office.

A flyer is available for members to share electronically or in their offices and more resources can be found on the Loomer-Mortenson Scholarship program website.

Applying for a Scholarship

Scholarship applicants must be a current employee or child of an employee at a company affiliated with the credit and collection industry.  

Winners will be selected based on their cumulative grade-point average and a written submission of a two- to three-page essay on the value of consumer credit to our nation’s economy. This may be either a creative story or persuasive essay. 

Applications can be emailed to foundation@acainternational.org by May 14 or mailed and postmarked by May 14 to:

ACA International Education Foundation

Loomer-Mortenson Scholarship Program

3200 Courthouse Ln

Eagan, MN 55121-1585

For more detailed application instructions or and additional information on the program, see the Loomer-Mortenson Scholarship website. Contact the ACA International Education Foundation with further questions through Member Services at 800-269-1607, or email us at foundation@acainternational.org.


Follow ACA International on Twitter @ACAIntl and @acacollector, Facebook and request to join our LinkedIn group for news and event updates. ACA International members are welcome to submit news items for possible publication to comm@acainternational.org. Visit our publications page for news submission guidelines and subscriptions to ACA Daily, Collector magazine and Pulse.

Advertising is available for companies wishing to promote their products or services. Be sure to visit the ACA Events Calendar on the Education and Training page to view our listing of upcoming CORE Curriculum and Hot Topic seminars featuring critical educational opportunities for your company.


Subscribe to ACA Daily NEWSROOM

ACA International Education Foundation Accepting Scholarship Applications

Each year, the ACA International Education Foundation (ACAEF) offers scholarships through the Loomer-Mortenson Scholarship Program. These scholarships are designed to help individuals connected to the collection industry and their children to further their education at post-secondary colleges, universities, community or technical colleges.

Applications for the 2021 scholarships are now open until May 14.

“There have been many challenges in the last year and ACA is excited to offer the Loomer-Mortenson scholarships as a resource and investment in helping members and deserving students succeed,” said Roger Weiss, IFCCE, chair of the ACAEF Board. “These scholarships help advance their education and ACA encourages eligible member employees and their children to apply.”

The scholarship program was created in 1985 by Dalton Sheppard Jr. in the memory of Robert E. Loomer, an ACA member and instructor from 1975-1984, and Irvin “Dempsey” Mortenson, ACA’s director of public affairs from 1973-1981.

Sheppard Jr., ACA’s 1985/86 president who was active in advocacy and education efforts throughout his career in the accounts receivable management (ARM) industry, died Jan. 24 at the age of 84.

One of his first goals as ACA president was to establish a scholarship fund to assist dependent children of ACA employees in furthering their education, ACA previously reported.

2021 Program

This year, the ACAEF is offering 35 Loomer-Mortenson scholarships totaling $50,000. The awards include:

  • One first place award for $10,000,
  • One second place award for $5,000,
  • One third place award for $3,000 and
  • 32 fourth place awards for $1,000 each.

ACA encourages members, company managers and state unit leaders to share the Loomer-Mortenson Scholarship opportunity with their staff and colleagues. Please help publicize this message through websites, newsletters, social media or internal email updates and postings in your office.

A flyer is available for members to share electronically or in their offices and more resources can be found on the Loomer-Mortenson Scholarship program website.

Applying for a Scholarship

Scholarship applicants must be a current employee or child of an employee at a company affiliated with the credit and collection industry.  

Winners will be selected based on their cumulative grade-point average and a written submission of a two- to three-page essay on the value of consumer credit to our nation’s economy. This may be either a creative story or persuasive essay. 

Applications can be emailed to foundation@acainternational.org by May 14 or mailed and postmarked by May 14 to:

ACA International Education Foundation

Loomer-Mortenson Scholarship Program

3200 Courthouse Ln

Eagan, MN 55121-1585

For more detailed application instructions or and additional information on the program, see the Loomer-Mortenson Scholarship website. Contact the ACA International Education Foundation with further questions through Member Services at 800-269-1607, or email us at foundation@acainternational.org.


Follow ACA International on Twitter @ACAIntl and @acacollector, Facebook and request to join our LinkedIn group for news and event updates. ACA International members are welcome to submit news items for possible publication to comm@acainternational.org. Visit our publications page for news submission guidelines and subscriptions to ACA Daily, Collector magazine and Pulse.

Advertising is available for companies wishing to promote their products or services. Be sure to visit the ACA Events Calendar on the Education and Training page to view our listing of upcoming CORE Curriculum and Hot Topic seminars featuring critical educational opportunities for your company.


Subscribe to ACA Daily NEWSROOM

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