The Risk Management Association is reminding colleges and universities this week about the benefits of The RMA Foundation Scholarship for students pursuing a career in the financial services industry.

The window to apply for the awards of $2,000 to $8,000 runs this year from September 10 to October 21. Schools are encouraged to notify students of the opportunity via their business programs, web pages, individual instructors, and other channels through which scholarship information is normally distributed.

The Risk Management Association, whose mission is to advance the use of sound risk management principles in the financial services industry, created the Foundation in 2014 to assist with attracting talent to the banking industry. To date, The RMA Foundation has awarded 226 scholarships totaling more than $500,000.

In addition to applying for scholarships, banking-focused students can take advantage of free RMA student memberships. Benefits have been expanded to include mentoring opportunities, an online subscription to The RMA Journal, access to the RMA Xchange online member community, and invitations to attend RMA chapter meetings and workshops. Students are also able to earn the Credit Essentials Certificate, which demonstrates proficiency in business and financial knowledge and helps certificate holders stand out to employers.

For eligibility requirements, application forms, and other information to share with their students about The RMA Foundation Scholarship, college faculty and administrators should visit


Who is it for: College students pursuing a career in the financial services industry
Awards: $2,000 to $8,000
Deadline: Apply from September 10 to October 21

Apply Today


About RMA

Founded in 1914, The Risk Management Association is a not-for-profit, member-driven professional association whose sole purpose is to advance the use of sound risk management principles in the financial services industry. RMA promotes an enterprise approach to risk management that focuses on credit risk, market risk, and operational risk. Headquartered in Philadelphia, Pennsylvania, RMA has 2,500 institutional members that include banks of all sizes as well as nonbank financial institutions. They are represented in the Association by 18,000 individuals located throughout North America, Europe, Australia, and Asia/Pacific.