Press Release Archive
National CCRS Recommends LOMA’s Need 2 Know Online Courses for College Credit Equivalency
ATLANTA – Dec. 12, 2012 –The National College Credit Recommendation Service (National CCRS) has endorsed LOMA’s two Need 2 Know online interactive courses to receive the equivalent college credits as traditional text-based level-one courses.
“This is the first time our online, interactive courses have been evaluated for college credit equivalency,” said Robert H. Hartley, FLMI, FFSI, CLU, ChFC, ACS, ALHC, RHU, LOMA assistant vice president, Learning Assessment. “We are pleased that our online education courses have been recognized by this well-regarded organization so that students can choose the type of course that best meets their learning needs while receiving comparable credit hours.”
Following a recent evaluation, National CCRS recommended Meeting Customer Needs with Insurance and Annuities (LOMA 281) receive two college credit hours in the lower division baccalaureate/associate degree category in business, insurance, or as a general elective.
The organization also recommended Improving the Bottom Line: Insurance Company Operations (LOMA 291) to receive three college credit hours in the lower division baccalaureate/associate degree category in business, insurance, or as a general elective. “These latest evaluations underscore LOMA’s reputation for consistently offering innovative, state-of-the-art learning initiatives that provide options for different preferences,” noted Katherine C. Milligan, FLMI, ACS, ALHC, LOMA senior vice president, Education & Training.
LOMA has been a National CCRS member since 1975, and the relationship has been valuable and beneficial to LOMA members. “Virtually all of our traditional courses have been academically accredited for many years, helping employees in our member companies get their industry-specific course work applied to their bachelor degrees,” she observed. “And now with the addition of two of our online courses, industry employees, whose time commitments and priorities are constantly stretched, have options about how they will study.”
National CCRS recommendations help college students to incorporate specific insurance education into their college curriculums, of particular value to those who are simultaneously matriculating while building a career in an insurance or financial services company. Benefits accrue to the employer as well: entities that support higher education or reimburse college tuitions gain the value of workers who understand the industry and how their individual jobs contribute to the company’s success.
To find out more about LOMA and the learning opportunities it offers, visit LOMA’s Web site at www.loma.org. For more information on NCCRS, please visit www.nationalccrs.org.
Established in 1924, with 1,200 plus member companies in over 80 countries, LOMA is committed to a business partnership with its world-wide members in the insurance and financial services industry to improve their management and operations through quality employee development, research, information sharing, and related products and services.
About National CCRS
National College Credit Recommendation Service is a nonprofit program sponsored by the University of the State of New York, Regents Research Fund and the NYS Board of Regents in Albany, NY. National CCRS coordinates teams of college faculty evaluators and subject matter experts to conduct extensive reviews of education and training programs offered by non-collegiate organizations throughout the United States and makes recommendations on their comparability to college-level instruction. Over 1500 cooperating colleges and universities will consider granting actual college credit based on National CCRS credit recommendations and in accordance with their own transfer policies. The mission of National CCRS is to increase access to higher education for working adult students.