Number Received Financial Aid (All Undergraduate)
2,845
Percent Received Financial Aid(All Undergraduate)
63%
Average Aid Amount
$50,264
Number Received Financial Aid (Freshmen)
787
Percent Received Financial Aid (Freshmen)
66%
Financial Aid Information at Rice
For the academic year 2023-2024, a total of 2,845 students (63% of undergraduate students) received one or more financial aid including grants, scholarships, and/or student loans. The average financial aid amount is $50,264. For freshmen (Full-time, first-time degree-seeking undergraduate students), 787 students (66% of enrolled students) received financial aid.
The 2025 undergraduate tuition & fees at Rice University is $61,247, for reference.
All Undergraduate Students Financial Aid
For the academic year 2023-2024, a total of 2,845 students (63% of all students) have received grants or scholarships and the average received aid amount is $50,264. It includes federal, state, local, institutional, or other sources of grant aid.
The following table describes the financial aid statistics by aid types at Rice University 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 | 2,845 | 63% | $50,264 |
| Pell Grants | 722 | 16% | $5,448 |
| Federal Student Loans | 281 | 6% | $5,990 |
Beginning Students Financial Aid
a total of 787 beginning students (66% of all freshmen) have received any financial aid and 699 students (58% 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 Rice University.
| Type of Aid | Number Receiving Aid | Percent Receiving Aid | Average Amount of Aid Received |
|---|---|---|---|
| Any Student Financial Aid | 787 | 66% | - |
| Grants or Scholarship from All Sources | 687 | 57% | $53,526 |
| Federal Grants | 188 | 16% | $6,623 |
| Pell Grants | 187 | 16% | $5,797 |
| Other Federal Grants | 54 | 4% | $2,984 |
| State/Local Grants | 69 | 6% | $4,525 |
| Institutional Grants | 685 | 57% | $51,409 |
| Student Loans | 85 | 7% | $10,083 |
| Federal Student Loans | 76 | 6% | $5,169 |
| Other Student Loans | 17 | 1% | $27,304 |
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