Home Admissions Tuition and Financial Aid
Tuition
At Randolph-Macon Academy, we believe in educating students to pursue lives of meaning and success. As we understand that an R-MA education is a significant investment in a student’s future, we are equally committed in assisting families throughout the application process for tuition assistance.
Boarding | Day | |
Tuition & Fees | $43,873 | $22,572 |
*Expense Account | $3,000 | $2,500 |
Total: | $46,873 | $25,072 |
Boarding | 5-Day Boarding | Day | |
Tuition & Fees | $40,917 | $33,278 | $19,380 |
*Expense Account | $3,000 | $3,000 | $2,500 |
Total: | $43,917 | $36,278 | $21,880 |
Boarding | |
Tuition & Fees | $55,767 |
*Expense Account | $3,700 |
Total: | $59,467 |
Boarding | |
Tuition & Fees | $51,194 |
*Expense Account | $3,700 |
Total: | $54,894 |
Financial Aid at R-MA
Family Income | Number of Families |
$49,999 or less | 55 |
$50,000 – $74,999 | 64 |
$75,000 – $99,999 | 48 |
$100,000 – $149,000 | 70 |
$150,000 or more | 98 |
Payment Plans:
Families may also take advantage of two payment plans as listed below:
For those on the two-payment plan, 60% of the tuition and fees is due on August 1st. The remaining 40% is due on December 1st. If the scheduled payments are not received by the 1st of the month a 5% late fee plus an additional $40 will be added and due on the next monthly bill.
The tuition fee is divided into 10 payments beginning June 1st and ending March 1st. There is a 5% interest fee added to this plan and credit approval is required. All monthly payment plans will be set up with automatic credit or debit deductions.