National Scholarship Program

The National Scholarship Foundation was established to provide financial assistance to business credit professionals striving to continue their education. Funds are gathered from generous donations from the NACM community, as well as from a Silent Auction and other special functions hosted at the annual Credit Congress. These funds will afford many people the opportunity to continue investing in the future of our profession.

Scholarship assistance is available for many of NACM national's educational programs and events as well as select FCIB, CFDD and affiliated association programs. Greater consideration is given to first-time applicants, unemployed applicants, those without corporate financial support for education and applicants with less than ten years of experience in credit.

Scholarship Form Eligible Programs/Events Application Process
Redemption of Scholarships GSCFM Scholarships

Important note:
Please read the Application Process and Redemption of Scholarships
sections below before submitting your scholarship application.

Eligible Programs or Events

  • NACM National Credit Congress & Expo
    Please note that Credit Congress applications may be submitted but will not be evaluated for consideration until late in the year or in the new year. NACM will honor the Special registration rate (lowest full delegate rate) for scholarship applicants submitting before the December deadline since award decisions may not be released until after the Special registration rate has passed.
  • NACM National In-house Certificate Session Course (Columbia, Maryland location): Business Credit Principles, Financial Statement Analysis 1 or Financial Statement Analysis 2
  • FCIB International Credit & Risk Management Online Coursesm
  • NACM National Online Course: Accounting, Business Law or Credit Law
  • NACM National Credit Learning Center: Business Credit Principles course, Financial Statement Analysis 1 course, Introduction to Commercial Collections certificate or Introduction to Commercial Bankruptcy Specialty certificate
  • NACM Affiliated Association sponsored All-South, Central, Eastern or Western Regional Conferences
  • FCIB Global Conference
  • CFDD National Conference


*Applicant eligibility and scholarship amounts/awards are at the sole discretion
of the NACM Scholarship Foundation, Inc. and subject to fund availability.

Application Policies & Procedures

Applications will be judged only on the information supplied, so please be as thorough as possible with applicable information. Applicants will choose only one category (program, meeting, event, course, etc.) for which they wish to apply. Scholarship assistance is valid only toward program/event registrations, enrollment fees or tuition. Scholarship recipients are responsible for their own travel and housing expenses should they be necessary.

Scholarship assistance amounts vary dependent upon the program (please see Eligible Scholarship Categories section; excludes GSCFM) and funds availability. The NACM Scholarship Foundation reserves the right, at its sole discretion, to determine the award amount based on an applicant's circumstances and/or the funds available.

Recipients must complete the appropriate evaluation form in full after the event. Scholarship recipients may receive only one scholarship from the NACM Scholarship Foundation in a calendar year. A scholarship may not be applied retroactively—to an event that you have already registered/applied for, have already attended or for an item you have already ordered. For all scholarships, greater consideration is given to first-time applicants, unemployed applicants, those without corporate financial support for education and applicants with less than 10 years of experience in credit.

Applications are due at least 30 days prior to the start of the program or event for which scholarship assistance is being requested.

Redemption of Scholarships

Scholarship funds may only be applied toward the program or event for which the money was designated. Funds over the actual amount of the program, event or item are non-refundable, non-transferable in any way and hold no cash value. Recipients will receive notification confirming their award, including correspondence that will describe how the scholarship can be redeemed.

All scholarship awards are valid for specific programs or events and have applicable expiration dates. Scholarships not used within their specified time frame will be forfeited.For information on how the funds for a scholarship are applied (reimbursement vs. deduction from registration fee, receipts required, continuing education records, etc.), please call our office for details (410-740-5560).

Please note that the NACM Scholarship Foundation reserves the right to request evidence of a recipient’s attendance at a program’s educational sessions in order to be acknowledged for their award. Evidence includes a certificate of completion, a validated continuing education unit earnings record, grade reports, etc.

GSCFM® Scholarships

This special scholarship category is for those wishing to attend the Graduate School of Credit and Financial Management (GSCFM). Applicants for GSCFM must be potential first-year students who meet all GSCFM entry standards and are committed to the rigorous educational studies expected of its participants. Recipients must attend the full two-year program. Scholarship amounts will be determined based on need and availability of funds at the discretion of the NACM Scholarship Foundation, Inc.

To discuss GSCFM, please feel free to contact Mellisa Smith, 410-740-5560 ext. 1029, or browse their information online.

GSCFM Application: Download Application

Scholarship Foundation


Our Mission | Donating | Scholarships

About Us

In 2005, the Board of Directors of the National Association of Credit Management (NACM) proudly approved the establishment of the NACM Scholarship Foundation, Inc., an entity that would furnish assistance to business credit professionals as they pursued credit education.

Today, the NACM Scholarship Foundation is a separate and important effort born from NACM's vision and mission. As a 501(c)3, the NACM Foundation fulfills the mission of augmenting the educational needs of its members.

The NACM Scholarship Foundation Mission

To provide financial assistance in the form of scholarships for business credit professionals, without regard to membership status, through all levels of continuing education so their gained knowledge and expertise can enhance and strengthen the profession and business community.

The Foundation also strives to bolster the mission and vision of the National Association of Credit Management, which as the advocate for business credit and financial management professionals, is the primary learning, knowledge and information source. NACM provides credit professionals with opportunities for professional growth throughout their careers, without regard to size, industry or market position of the companies that employ them.

The NACM Scholarship Foundation is determined to share knowledge and educational resources with more and more credit professionals. Through a variety of fund-raising efforts, the Foundation was able to raise over $40,000 for deserving individuals in its first two years. Since its inception, the Foundation has had hundreds of corporate and personal donors who generously contribute to its efforts.

Your support will help to open educational avenues, creating a better-educated, more highly regarded credit community. The Foundation is an investment in the future of the credit profession as a respected, educated entity within the business community.

Current Donation Opportunities

Donate Online

Donate to the NACM Scholarship Foundation online!

Donate to the CFDD Scholarship Foundation online!

Silent Auction
The Silent Auction is hosted by the Scholarship Foundation during the annual Credit Congress each year. To donate an item to the Silent Auction, please complete this brief donation form.

Golf Outing
The Golf Outing is held each year during Credit Congress. Learn more about this year’s event.

Cash Donations
Monetary contributions may be sent directly to:

The NACM Scholarship Foundation
8840 Columbia 100 Parkway
Columbia, MD 21045-2158


The NACM Scholarship Foundation encourages credit professionals to apply for a national scholarship; scholarships are not limited to only members of NACM. Many different scholarship prospects are available.

View scholarship information in detail.

The NACM Scholarship Foundation Governance

The Foundation is overseen by an independent Board of Trustees that includes members of the NACM Board of Directors and past national chairmen.

The NACM Scholarship Foundation, Inc. has 501(c)(3) status as a nonprofit tax-exempt organization. EIN #20-2574848