Number Received Financial Aid (All Undergraduate)
5,225
Percent Received Financial Aid(All Undergraduate)
89%
Average Aid Amount
$39,546
Number Received Financial Aid (Freshmen)
1,921
Percent Received Financial Aid (Freshmen)
96%
Financial Aid Information at RPI
For the academic year 2023-2024, a total of 5,225 students (89% of undergraduate students) received one or more financial aid including grants, scholarships, and/or student loans. The average financial aid amount is $39,546. For freshmen (Full-time, first-time degree-seeking undergraduate students), 1,921 students (96% of enrolled students) received financial aid.
The 2025 undergraduate tuition & fees at Rensselaer Polytechnic Institute is $64,078, for reference.
All Undergraduate Students Financial Aid
For the academic year 2023-2024, a total of 5,225 students (89% of all students) have received grants or scholarships and the average received aid amount is $39,546. It includes federal, state, local, institutional, or other sources of grant aid.
The following table describes the financial aid statistics by aid types at Rensselaer Polytechnic Institute for all undergraduate students.
| Type of Aid | Number Receiving Aid | Percent Receiving Aid | Average Amount of Aid Received |
|---|---|---|---|
| Federal, state, local, institutional or other grant aid | 5,225 | 89% | $39,546 |
| Pell Grants | 1,101 | 19% | $5,478 |
| Federal Student Loans | 2,954 | 50% | $6,046 |
Beginning Students Financial Aid
a total of 1,921 beginning students (96% of all freshmen) have received any financial aid and 1,921 students (96% of all freshmen) awarded any student loans. The headcount includes the number of full-time, first-time degree-seeking beginning undergraduate students.
The below table shows the number and amount by the source of financial aid at Rensselaer Polytechnic Institute.
| Type of Aid | Number Receiving Aid | Percent Receiving Aid | Average Amount of Aid Received |
|---|---|---|---|
| Any Student Financial Aid | 1,921 | 96% | - |
| Grants or Scholarship from All Sources | 1,921 | 96% | $43,994 |
| Federal Grants | 387 | 19% | $7,451 |
| Pell Grants | 386 | 19% | $5,420 |
| Other Federal Grants | 370 | 18% | $2,139 |
| State/Local Grants | 355 | 18% | $3,068 |
| Institutional Grants | 1,921 | 96% | $41,926 |
| Student Loans | 1,160 | 58% | $8,839 |
| Federal Student Loans | 1,149 | 57% | $5,174 |
| Other Student Loans | 179 | 9% | $24,073 |
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