For the academic year 2022-2023, total 512 full-time, first-time students (88% 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 3,496 students (67% of all students) received grants or scholarships and the average grant amount is $6,629. In addition, 2,483 students received student loans and the average loan amount is $6,292.
Below tables show the number and amount by source of financial aid at Rhode Island College.
For all undergraduate students, total 3,496 students (67% of all students) received grants or scholarships and the average grant amount is $6,629. In addition, 2,483 students received student loans and the average loan amount is $6,292.
Below tables show the number and amount by source of financial aid at Rhode Island College.
| Type of Aid | Number Receiving Aid | Percent Receiving Aid | Average Amount of Aid Received |
|---|---|---|---|
| Federal, state, local, institutional or other grant aid | 3,496 | 67% | $6,629 |
| Pell Grants | 2,248 | 43% | $4,405 |
| Federal Student Loans | 2,483 | 47% | $6,292 |
| Type of Aid | Number Receiving Aid | Percent Receiving Aid | Average Amount of Aid Received |
|---|---|---|---|
| Any Student Financial Aid | 512 | 88% | - |
| Grants or Scholarship from All Sources | 363 | 62% | $7,537 |
| Federal Grants | 274 | 47% | $5,153 |
| Pell Grants | 274 | 47% | $4,779 |
| Other Federal Grants | 193 | 33% | $531 |
| State/Local Grants | 3 | 1% | $8,639 |
| Institutional Grants | 334 | 57% | $3,887 |
| Student Loans | 334 | 57% | $7,110 |
| Federal Student Loans | 326 | 56% | $4,942 |
| Other Student Loans | 59 | 10% | $12,943 |
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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