Financial Aid

 

Families may only apply for Financial Aid once they have been accepted into the school, signed a tuition contract and paid the $500 tuition deposit.  Should the school and family not reach an agreeable Financial Aid decision, 50% of the tuition deposit will be returned.

 

RMBA is proud of its record of Financial Aid, with over one million dollars awarded each year.  However, it is the policy of RMBA that no student will receive full Financial Aid. There is no Financial Aid for the RMBA aftercare program. 

 

Financial Aid is awarded by an anonymous Financial Aid Committee.  Documents are collected by the RMBA Business Office and forwarded to the committee only once the file is complete.  Direct communication with the Financial Aid Committee is by email only: This e-mail address is being protected from spambots. You need JavaScript enabled to view it .

 

 

Apply for Financial Aid

First Round of Financial Aid, Due March 14, 2012

1. Complete the online FACTS application

2. Submit the following to FACTS:

 

a. Completed and Signed 2010 Tax Return Form 1040 or similar

b. 2011 W2s

c. 3 months of complete bank statements for December, 2011, January and February, 2012

d. 3 months of complete credit card statements for December, 2011, January and February, 2012

e. Completed and signed Form 8821

Second Round of Financial Aid, Due April 30, 2012:

1. Complete the online FACTS application

2. Submit the following to FACTS:

 

a. Completed and Signed 2011 Tax Return Form 1040 or similar

b. 2011 W2s

c. 3 months of complete bank statements for January, February, March 2012

d. 3 months of complete credit card statements for January, February, March, 2012

e. Completed and signed Form 8821

 

Questions

 

You may call the business office at x225

Questions may be addressed directly to the Financial Aid Committee at This e-mail address is being protected from spambots. You need JavaScript enabled to view it  

 

Financial Aid Appeals

One may appeal to the Financial Aid Committee if they feel the offer is not commensurate with demonstrated need, or if there is a change in financial circumstances.  Appeals must be in the form of an email to This e-mail address is being protected from spambots. You need JavaScript enabled to view it explaining your position.  Supporting documentation may be required.  

 

Appeals must be made within 10 days of receipt of the original offer.

 

Acceptance of Financial Aid

Financial Aid offers are valid for 10 days from the date of notification.