Vector Security Inc. is accepting applications for its 2012 Loss Prevention Foundation (LPF) Scholarship Program until March 16. Applications are available online at Vector Security’s website at and on the Loss

Prevention Foundation’s website at

New for 2012, the program is expanded to include loss prevention professionals based in Canada. The scholarships cover all course and exam fees for retail loss prevention professionals who wish to obtain LPF’s Loss Prevention Qualified (LPQ) or Loss Prevention Certified (LPC) certifications.

Anyone currently in the loss prevention industry, or who has an interest in the industry, may apply for an LPQ scholarship. Those applying for the LPC scholarship must meet certain eligibility requirements.

Ten LPQ and 10 LPC scholarships will be awarded to U.S.-based professionals, while another five LPC scholarships will be awarded to professionals based in Canada.

Vector Security created the LPF Scholarship Program in 2009 to support ongoing education that creates additional value to the loss prevention industry. “This year, we are pleased to expand the program into Canada,” said Michael Grady, executive vice president, Vector Security, “where the loss prevention profession is experiencing rapid growth.”

Vector Security has awarded 60 scholarships totaling more than $60,500 since the program began.