Scholarships and Financial Aid

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Affording an R-MA Education

R-MA is pleased to offer Scholarships and Financial Aid to qualified families. With a 100% university acceptance rate for every graduating class, we are thrilled to provide an education that prepares students for lives of meaning and success. 

Please note: Financial need is not a consideration in determining a student’s eligibility for admission. Randolph-Macon Academy’s scholarship and financial aid policy supports the school’s mission and objectives by providing monetary assistance to those students who may not be able to attend R-MA without such assistance.

Scholarships

R-MA attracts highly motivated students from all over the United States and the world. Our Admissions Depatment is happy to consider students with a demonstrated track record of success through academics, volunteerism and extracurricular activites. 

Financial Aid

Randolph-Macon Academy’s financial aid to qualified students is provided through financial support from endowment funds, foundations, and generous donors. R-MA distributes financial aid funds based upon demonstrated financial need and uses a uniform methodology to assess annually, in a consistent and equitable manner, each family’s ability to pay for education. R-MA does not discriminate in the administration of its financial aid policies.

Once a student is enrolled, R-MA will continue to provide financial aid in subsequent years provided parents continue to demonstrate financial need.

Once a student is accepted to R-MA the family can apply for financial assistance online. Along with completing the Parent’s Financial Statement (PFS) you will be asked to upload your most recent 1040 tax return along with all schedules and attachments, as well as your most recent W-2 forms, and recent pay stubs for all in your household.

Please review our complete financial aid policies.

Helpful Information
Applying for Financial Aid courtesy of School and Student Services by Community Brands
Parents' Financial Statement (PFS) Workbook and Instruction Booklet courtesy of School and Student Services by Community Brands
Tax Primer for Parents Completing the Parents' Financial Statement courtesy of School and Student Services by Community Brands
Step by Step Guide courtesy of School and Student Services by Community Brands

Family Portal Overview webinar courtesy of School and Services by Community Brands
Counting the Costs: An Introduction to Financial Aid for Private and Independent Schools webinar courtesy of School and Student Services by Community Brands

Additional Resources: R-MA works with financial organizations that help parents fund their students' education. Parents are encouraged to contact these companies that offer alternative financing options, such as longer repayment terms and loans that cover the entire cost of an R-MA education.

Loan Companies
Sallie Mae Financial Corporation 
Your Tuition Solution
SnapLoan