Financial Aid

Financial aid is available to students as scholarships, grants, loans and employment opportunities to help them accomplish something great - a college education. Financial aid at Randolph-Macon College is offered to support our goal of attracting well-qualified students and making an exceptional education affordable to them. Consider the following:

• 99% of our students receive some form of financial aid, totaling over $23,500,000 from all sources, including $10,960,000 of the College's own money.
• 50% receive awards based on financial need with an average award package of $20,297 (not including loans used to replace family contribution).
• 92% receive non-need-based scholarships or grants averaging more than $10,000, and 53% of this year's entering students received renewable academic scholarships ranging from $7,500 - $20,000.
• Any student who wishes to work on campus has the opportunity to do so.
• Monthly payment plans and other parent financing options are also available.

Many financial aid programs are based on a student's financial need, however academic scholarships and work study programs are available regardless of need. To determine your status, you'll need to complete our financial aid application process.

For more information about financial aid, please visit the links on this page, call us at 804-752-7259 or e-mail us at financial-aid@rmc.edu.