RMBA is proud of its record of Financial Aid, with over one million dollars awarded each year. Please note: there are minimum tuition amounts in place for each grade and there is no Financial Aid for the RMBA aftercare program.
New Families applying for Financial Aid
New families may only apply for Financial Aid once they have been accepted into the school (please see Application Process). A $100 Financial Aid fee must be paid in order to apply. Should the new family accept the Financial Aid decision and choose to enroll, the $100 fee will be applied toward the $500 tuition deposit per student. Should the new family not accept the Financial Aid decision, the $100 Financial Aid fee is non-refundable.
New families do not need to complete their enrollment (or pay a $500 tuition deposit) until they have accepted their Financial Aid agreement.
Returning Families applying for Financial Aid
Returning families may only apply for Financial Aid once they have enrolled, including paying the $500 per student tuition deposit.
How do I Apply for Financial Aid?
1. New families must pay a $100 Financial Aid Application Fee
Returning families must have all children enrolled, including $500/child tuition deposit
2. Complete the online FACTS application
3. Submit the following to FACTS:
a. Completed and Signed 2012 Tax Return Form 1040 or similar
b. 2012 W2s
c. 3 months of complete bank statements (most recent months)
d. 3 months of complete credit card statements (most recent months)
e. Completed and signed Form 8821 may be required
Questions
You may call the business office at 713-723-7170 x225
Questions may be addressed directly to the Financial Aid Committee at
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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
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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.
Are there any circumstances under which my $500 Tuition Deposit would be refunded?
Tuition Deposits are refundable to both new and returning families under the following circumstances:
1. You will receive a full refund of the tuition deposit if your family moves from the Houston area prior to August 1, 2013.
2. You will receive a full refund of the tuition deposit if it is determined that your child requires a special needs program that we cannot provide; or your child is asked to leave the school for any other reason.
Returning familes will be refunded all but $250 of their tuition deposit if a Financial Aid agreement is not finalized. Ex. A family with 3 children having paid $1500 in tuition deposits will receive a refund of $1250 if they do not attend RMBA.
