RMA Foundation Banking Scholarships Have Big Impact on Winners

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Sep 20, 2018, 15:18 ET

PHILADELPHIA, Sept. 20, 2018 /PRNewswire/ -- RMA Foundation Scholarships (www.rmahq.org/scholarship) have been helping the best and brightest prepare for careers in the financial services industry now for three years.

In that time, The RMA Foundation has provided 226 awards—totaling over $500,000—to students like John Kofmehl.

"The RMA Scholarship I received last year greatly relieved much of the financial stress a college student often feels and allowed me to focus more on my studies," said Kofmehl, an Iowa State University senior who will graduate in May with degrees in finance and business management.

In addition to the financial awards, which range from $2,000 to $8,000, RMA scholars enjoy the accompanying feelings of pride and achievement. Typical comments from past winners include "I liked how this was a merit-based scholarship" and "It shows how hard work pays off."

If you know a college student who is pursuing a career in financial services, mention The RMA Foundation Scholarship. It will not only help with the considerable financial strain of higher education, it will be a source of pride.

The window to apply for The RMA Foundation Scholarship will remain open through October 21. For eligibility requirements, application forms, and other information, visit www.rmahq.org/scholarship.

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.

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.

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.

SOURCE The Risk Management Association