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RMA Foundation Scholarships

Eligibility

  • Be a citizen or permanent resident of the United States or Canada.
  • Be a current college student enrolled in a full-time undergraduate course of study at an accredited four-year college or university in the United States or Canada and will continue to be enrolled full time for the entire 2023-2024 academic year.
  • Intends to work in the banking industry following graduation.
  • Maintain a minimum grade point average of 2.5 on a 4.0 scale overall (or equivalent).
  • Applicants do not have to be a current RMA member, but they must join (free) and remain a member to receive and renew their scholarship.

More Details

Scholarship recipients are selected based on merit with the following factors:

  • Demonstrated interest in the banking industry; (Examples: previous employment in a bank; RMA membership; involvement in local RMA chapter; academic studies; internships).
  • Academic achievement.
  • Participation and leadership in community and school activities, or related work experience.
  • Statement of career goals and objectives.

Financial need will not be considered.

“Invest in Your Future” College Scholarship

Eligibility

  • Scholarship open to all majors.
  • Must be enrolled in a college or university located within the United States or its territories and accredited by the U.S. Department of Education (for a list of accredited institutions, see http://ope.ed.gov/accreditation/Search.aspx) at the time of application and at the time the Scholarship is awarded.
  • Must be at least 17 years old at the time of application.
  • Must be a United States citizen and resident of the United States.
  • Must have a minimum 3.0 GPA

How to Apply:

  • Students must also complete a 750-word essay on the topic of financial planning. Referring to these following questions:
    • What are your short and long-term financial goals? How do you plan to achieve these goals? What financial strategies (such as budgeting, investing, saving, and debt management) will you use and why?

Further submission guidelines can be found on the scholarship’s website