Risk Management Association (RMA) – Maine Chapter Scholarship Program

Applicants must meet all of the following criteria:

*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 2022-2023 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.

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.
Scholarship Amount: If selected as a recipient, the student will receive an award ranging from $1,000 to $5,000.
Application Process:

Applications are available after January 1st of the award year and applications must be postmarked no later than March 31st of the award year.

5Complete the application on the RMA Association Website.

As part of your application, you must upload the following:
A current, complete transcript of grades. Grade reports are not accepted. Transcripts must display student name, school name, grades and credit hours for each course and term in which each course was taken.

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.

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.

Application Opening Date: After January 1 of the award year.
Application Deadline Date: March 31st
Eligibility Codes:
Enrolled in College
High School
Returning to School
Business management and administrative services (marketing, management, bookkeeping, accounting, etc.)