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