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PenChecks Trust™, ASPPA Accepting Applications for QKA Scholarship Program

Education and Career Development

ASPPA and PenChecks Trust Company of America are accepting applications for the QKA Scholarship Program for ASPPA’s Qualified 401(k) Administrator (QKA) credential program.

Launched in 2014, the PenChecks Trust ASPPA QKA Scholarship will again be offered this year to acknowledge six individuals who make the most compelling case for how the prestigious QKA designation will enhance their career in the retirement plan industry. The scholarship, which has been offered to two dozen individuals since its introduction, is designed to cover the expenses associated with course registration and materials necessary to attain the QKA credential.

Once the credential is earned, PenChecks Trust will also sponsor the recipient’s first year of ASPPA membership. The total value of each scholarship, including ASPPA membership, is $2,300. This year’s recipients will be announced at the 2019 ASPPA Annual Conference, Oct. 20-23 in National Harbor, MD.

“In a complex and constantly changing retirement plan environment, it is critically important that industry professionals maintain a high level of proficiency,” said Brian Graff, CEO of the American Retirement Association, and Executive Director of ASPPA. “The QKA credential was designed with that in mind, and we appreciate PenChecks’ continued commitment to this scholarship program as a way of bringing focus to the importance of the QKA credential.”

“PenChecks is proud to support ASPPA’s educational programs because we believe that highly motivated and well-trained professionals are essential to sustaining excellence across the retirement industry,” said Peter Preovolos, CEO of PenChecks Trust. “Over the last four years, we’ve seen a significant increase in the number of applicants. This reinforces our belief that developing qualified industry ambassadors will lead to continued industry innovation and thought leadership – areas in which PenChecks believes deeply.”

Applications for this year’s scholarship are being accepted through Sept. 20, and must be accompanied by a letter of recommendation. For more information about the PenChecks ASPPA QKA Scholarship and how to apply, visit https://www.asppa-net.org/penchecks-scholarship.