The Risk Management Foundation (RMA Foundation) has established a scholarship program to assist students who have completed at least two years of college education who plan to continue their education at an accredited four-year college or university in the U.S. or Canada.
The program is administered by Scholarship America®, the nation’s largest designer and manager of scholarship, tuition assistance, and other education support programs for corporations, foundations, associations, and individuals. Awards are granted without regard to race, color, creed, religion, sexual orientation, age, gender, disability, or national origin.
Applicants to The Risk Management Association (RMA) Foundation Scholarship Program must:
Applicants do not have to be a current RMA member, but they must join (free) and remain a member to renew the award.
RMA employees and their dependents are ineligible to apply. Others ineligible to participate include past and current members of the Board of Directors of RMA and the RMA Foundation and their families.
Scholarship recipients are selected on the basis of:
Financial need is not considered.
Selection of recipients is made by RMA. All applicants agree to accept the decision as final.
If selected as a recipient, the student will receive an award ranging from $1,500 to $8,000.
Recipients may reapply for continuation of their scholarship for up to two additional years or until a bachelor’s degree is earned, whichever occurs first. A renewal is not guaranteed. In order to have a scholarship renewed, students must:
Awards are for undergraduate study only.
Applicants will be notified in June. Not all applicants to the program will be selected as recipients. Students may reapply to the program each year they meet eligibility requirements.
Scholarship America processes scholarship payments on behalf of the RMA Foundation. Payments are made in one installment in early August.
As part of your application, you must upload the following:
Your application is not complete unless all required materials are submitted electronically through the Scholarship America Hub.