Release Date: Monday, February 01, 2010
HOUSTON, TX – - In 1999, Marion Financial Corp. established an annual scholarship for participants in the accounts receivable management industry. The goal of the scholarship program is to assist with funding the education of employees, or the children of employees, who work in the accounts receivable management industry. Since its inception, scholarships have been awarded to 23 students.

“With the ever-increasing cost of college tuition, I feel it is time to again increase the amount of the scholarships now totalling $10,000,” stated Tom Edens, President of Marion Financial Corp. Therefore, the 2010 scholarships will consist of two grants of $5,000 each (formerly $4,000 each) to graduating high school seniors who wish to pursue further education.

To be eligible, the student must be an employee or the child of a parent who is employed in the accounts receivable management industry (U.S. companies that are collection agencies, debt buyers, receivable outsourcing companies & trade associations that directly apply to the credit & collections industry).

Eligible employees or their children may review the rules and print a copy of the scholarship application at http://www.marionfinancial.com. For more information, contact Jill Mussman, Marion Financial Scholarship Committee by phone at (713) 988-8000 ext. 10, or mussman@marionfinancial.com. Applications must be postmarked by March 31, 2010.