CPCU-Loman Education Foundation Awards More Than $132,000 in Financial Aid to College Students

News provided by

The Institutes

Jun 10, 2015, 10:10 ET

(PRWEB) June 10, 2015 -- MALVERN, Pa. — The CPCU-Loman Education Foundation has awarded $132,272 in financial aid to 70 college students from 33 schools who are actively seeking careers in the risk management and insurance industry. The funding is administered through the CPCU-Loman Education Foundation Internship Financial Aid Program.

Each year, the CPCU-Loman Education Foundation, through the CPCU Society, offers financial aid to students to help them offset the costs of travel, housing and other expenses that may prevent them from pursuing an internship in the insurance industry.

“Without the CPCU-Loman Education Foundation Internship Financial Aid Program, I would not have been able to participate in my internship,” said financial aid recipient Clayton Highum from Wabash College. “My internship will provide me with a better understanding of the industry and how insurance works in the world today, so I can continue growing my education.”

To be considered for financial aid, each applicant had to be a college sophomore, junior or senior who applied for or accepted a paid insurance-related summer internship that requires him or her to work an average of 30 to 40 hours per week for a minimum of eight weeks total.

“The cornerstone of this program is to invite eligible students aspiring to pursue a career in insurance to participate in valuable internship experiences regardless of their financial means,” said Jason Terrell, Vice President. “Providing financial assistance helps dedicated students get closer to achieving their career goals.”

For more information about the CPCU-Loman Education Foundation Internship Financial Aid Program, visit http://www.CPCUSociety.org/Loman.

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About the CPCU Society
The CPCU Society is a community of credentialed insurance professionals who promote excellence through ethical behavior and continuing education. The Society’s more than 23,000 members hold the Chartered Property Casualty Underwriter (CPCU®) designation, which requires passing eight rigorous examinations, meeting industry experience requirements and agreeing to be bound by a strict code of professional ethics.

The CPCU Society is affiliated with The Institutes, the leader in delivering proven knowledge solutions that drive powerful business results for the risk management and property-casualty insurance industry. The CPCU designation is conferred by The Institutes. More information about the CPCU Society is available at http://www.CPCUSociety.org.    

CPCU is a registered trademark of The Institutes. All rights reserved.

Meghan Richter, The Institutes, +1 610-644-2100 Ext: 7851, [email protected]