For the academic year 2022-2023, total 812 full-time, first-time students (67% 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 2,692 students (63% of all students) received grants or scholarships and the average grant amount is $48,958. In addition, 279 students received student loans and the average loan amount is $5,738.
Below tables show the number and amount by source of financial aid at Rice University.
For all undergraduate students, total 2,692 students (63% of all students) received grants or scholarships and the average grant amount is $48,958. In addition, 279 students received student loans and the average loan amount is $5,738.
Below tables show the number and amount by source of financial aid at Rice University.
| Type of Aid | Number Receiving Aid | Percent Receiving Aid | Average Amount of Aid Received |
|---|---|---|---|
| Federal, state, local, institutional or other grant aid | 2,692 | 63% | $48,958 |
| Pell Grants | 706 | 17% | $5,273 |
| Federal Student Loans | 279 | 7% | $5,738 |
| Type of Aid | Number Receiving Aid | Percent Receiving Aid | Average Amount of Aid Received |
|---|---|---|---|
| Any Student Financial Aid | 812 | 67% | - |
| Grants or Scholarship from All Sources | 687 | 56% | $51,955 |
| Federal Grants | 562 | 46% | $2,746 |
| Pell Grants | 212 | 17% | $5,362 |
| Other Federal Grants | 558 | 46% | $728 |
| State/Local Grants | 87 | 7% | $4,286 |
| Institutional Grants | 680 | 56% | $49,672 |
| Student Loans | 94 | 8% | $10,818 |
| Federal Student Loans | 84 | 7% | $4,897 |
| Other Student Loans | 21 | 2% | $28,838 |
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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