Randolph-Macon offers many forms of financial assistance that are not tied to an applicant's demonstrated need.
The following is a list of programs and payment plans that might be available to you. It is important that you investigate each of the following options thoroughly.
Tuition Payment Plans
The Randolph-Macon College Monthly Payment Plan allows parents and students the option of meeting expenses in convenient monthly payments, not to exceed a 10-month period. There is no finance charge. Inquiries should be made to the Financial Aid Office or you may obtain more information by visiting the Tuition Pay Website.
Early action applicants have the option to make monthly payments not to exceed thirteen months.
Veterans who are students and dependent children of deceased and disabled veterans may be eligible for monthly aid through the federal Veterans Administration. Information should be sought from the local VA office. Further, for state residents, aid may be available from the State Department of War Veterans' Claims, 210 Franklin Road, SW Roanoke, VA 24011. The college's VA representative is the Registrar.
Virginia residents who qualify may be eligible for financial assistance from the Department of Rehabilitative Services. Information may be obtained from field offices or from the DRS Regional Office, 3113 West Marshall Street, Richmond, VA 23220.
Other State Aid
Other states have grants and loans for which students attending R-MC may be eligible. Students should contact their high school guidance counselors and/or the appropriate higher education agency in their states to determine the availability of financial assistance.
Private Scholarships and Grants
Students may be interested to search for scholarships and gratns from private organizations. Search for Private Scholarships.
There's great news for parents and students: the federal government provides a number of tax incentives that can help defray some of the cost of higher education. These incentives come in a couple of forms: Tax Credits, which directly reduce the amount of tax you are liable for; and Tax Deductions, which reduce the amount of income on which you pay taxes. Check the NASFAA website or talk with your tax preparer for more details.