Students in an undergraduate program who are interested in working in the banking industry after graduation may apply for an RMA Foundation scholarship. The Risk Management Association Foundation offers scholarships to students in an undergraduate program who are interested in working in the banking industry after graduation. The RMA Foundation is awarding over $200,000 annually in scholarships ranging from $1,500 to $8,000. Winners may reapply for continuation of their scholarships for up to two additional years, provided each student fulfills the renewal requirements and maintains their free student membership with RMA.
As a not-for-profit, member-driven professional association, RMA promotes a community of like-minded banking professionals who share ideas and experiences to advance the use of sound risk management principles in the financial services industry.
The 2019 Risk Management Association (RMA) Foundation Scholarship Program opens Monday, September 9 and closes Monday, October 21. Please check back in September 2019 for the updated guidelines and application. Thank you for your interest in the program.
The 2021-2022 Risk Management Association (RMA) Foundation Scholarship application is open through March 31, 2021. Click the button below to apply.
Review the list of questions on the application and prepare your answers so you're ready to apply.
Applicants must meet all of the following criteria:
Be a citizen or permanent resident of the United States or Canada.
Be current sophomores or juniors who are 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 2021-2022 academic year.
Be currently enrolled full time at an accredited four year college or university located in the United States or Canada for the current academic year.
Have an intent to work in the banking industry following graduation.
Have a minimum grade point average of 3.0 on a 4.0 scale (or the equivalent) overall.
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.
RMA employees and their dependents are ineligible to apply. Others ineligible to participate include current members of the Board of Directors of RMA and the RMA Foundation and their families. Dependents of all other RMA members (those not on the Board of Directors) are eligible to apply.
Scholarship recipients are selected based on merit with the following factors:
Demonstrated interest in the banking industry; examples would include, previous employment in a bank, RMA membership, involvement in the local RMA chapter, academic studies, internships, etc.
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.
Enter your email address to be notified when the scholarship application window has opened.
Hear from several RMA Scholars as they discuss their interest in banking and what it meant for them to win an RMA scholarship.
BLAKE GIVENS
Hometown: Waxhaw, North Carolina
School: Texas A&M University
SENIOR
EMMANUEL MACHENA
Hometown: Kalamazoo, Michigan
School: Western Michigan University
SENIOR
KRISTEN MOUSA
Hometown: Jacksonville, Florida
School: University of Florida
JUNIOR
DAVID ROSENTHAL
Hometown: Woodmere, New York
School: City University of New York - Baruch College
JUNIOR
TROY STROMINGER
Hometown: Oldsmar, Florida
School: University of Florida
SENIOR
Hear from several RMA Scholars as they discuss their interest in banking and what it meant for them to win an RMA scholarship.
Julia St. Germain
John T. Kofmehl
Kristina Lynch
L. Alex Nichols
Hear from several RMA Scholars as they discuss their interest in banking and what it meant for them to win an RMA scholarship.
Blake Givens, Senior
Emmanuel Machena, Senior
Kristen Mousa, Junior
David Rosenthal, Junior
Troy Strominger, Senior