For the academic year 2022-2023, total 1,189 full-time, first-time students (90% of all freshmen) awarded any student financial aid. The headcount includes the number of full-time, first-time degree seeking beginning undergraduate students.
For all undergraduate students, total 4,803 students (86% of all students) received grants or scholarships and the average grant amount is $35,552. In addition, 2,691 students received student loans and the average loan amount is $6,205.
Below tables show the number and amount by source of financial aid at Rensselaer Polytechnic Institute.
For all undergraduate students, total 4,803 students (86% of all students) received grants or scholarships and the average grant amount is $35,552. In addition, 2,691 students received student loans and the average loan amount is $6,205.
Below tables show the number and amount by source of financial aid at Rensselaer Polytechnic Institute.
| Type of Aid | Number Receiving Aid | Percent Receiving Aid | Average Amount of Aid Received |
|---|---|---|---|
| Federal, state, local, institutional or other grant aid | 4,803 | 86% | $35,552 |
| Pell Grants | 1,028 | 18% | $5,199 |
| Federal Student Loans | 2,691 | 48% | $6,205 |
| Type of Aid | Number Receiving Aid | Percent Receiving Aid | Average Amount of Aid Received |
|---|---|---|---|
| Any Student Financial Aid | 1,189 | 90% | - |
| Grants or Scholarship from All Sources | 1,189 | 90% | $38,636 |
| Federal Grants | 226 | 17% | $6,735 |
| Pell Grants | 226 | 17% | $5,139 |
| Other Federal Grants | 168 | 13% | $2,146 |
| State/Local Grants | 185 | 14% | $2,905 |
| Institutional Grants | 1,189 | 90% | $36,904 |
| Student Loans | 753 | 57% | $10,092 |
| Federal Student Loans | 745 | 56% | $5,211 |
| Other Student Loans | 157 | 12% | $23,676 |
What is the Financial aid?
Federal Work Study, grants, loans to students (government and/or private), assistantships, scholarships, fellowships, tuition waivers, tuition discounts, employer aid (tuition reimbursement) and other monies (other than from relatives/friends) provided to students to meet expenses. This excludes loans to parents.
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