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Need Based Aid
The Free Application for Federal Student Aid (FAFSA) is the only form required to apply for financial aid.
Apply on line by visiting the following web page:http://www.fafsa.ed.gov/
Our Federal Title IV Code is 003733
Register for the PIN at www.pin.ed.gov to sign your FAFSA online
Both the student and at least one parent must have a PIN and sign the FAFSA
The paper form is usually available by December 1 in your high school guidance office or college financial aid office. There is no cost for submitting this form either online or by paper. It must not be submitted earlier than January 1. Based on the information you supply, the FAFSA will determine your Expected Family Contribution (EFC).
Once we have the results of your FAFSA, a financial aid package can be prepared and offered. Financial aid award letters are mailed in late March for entering students and in mid June for returning students. FAFSA results (requests for financial aid) received after the deadlines (March 1 - entering students; May 1 - returning students) will be handled on a funds-available basis.
If you would like an early estimate of your financial aid before the January 1 submission opening, you can use the FAFSA4Caster calculator.
If your application for financial aid is selected by the Federal Processor for verification, you will need to submit a signed copy of your parents' and your own federal income tax returns to the Financial Aid Office. Please do not submit these forms unless they are requested.
Non-Need Based Aid
Academic Scholarships and Grants
All students who are accepted for admission to Randolph-Macon are automatically considered for academic scholarships and grants. Students are notified in their acceptance letter if they receive one of these awards. There are two levels of academic awards:
- Presidential Scholars Program - Students with especially strong academic records are invited into our Presidential Scholars Program. These awards range from $7,500 to $20,000. Qualifications and details are listed on our Scholarships page.
- Achievement Grants - Students with good academic performance in high school or college, but do not qualify for our Presidential Scholars Program, may receive an Achievement Grant ranging from $5,000 to $6,500.
Virginia Tuition Assistance Grant (TAG)
The Virginia Tuition Assistance Grant (TAG) application must be submitted to the Financial Aid office by July 31 for priority funding. Applications received after this date will be funded by the State Council of Higher Education of Virginia (SCHEV) on a funds-available basis only. For 2007-08, the award is $3,200.
R-MC Entitlement Grants
You must submit the R-MC Entitlement Eligibility Form, which is located in the Financial Aid Forms Bank.
We understand that the Financial Aid portion of the college admissions process is often the most perplexing and misunderstood. If there is anything we can do to make it easier, please give our financial aid office a call at 1-804-752-7259 or e-mail us at financial-aid@rmc.edu.