For the academic year 2022-2023, total 3,332 full-time, first-time students (99% 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 10,647 students (76% of all students) received grants or scholarships and the average grant amount is $26,782. In addition, 7,580 students received student loans and the average loan amount is $5,799.
Below tables show the number and amount by source of financial aid at Rochester Institute of Technology.
For all undergraduate students, total 10,647 students (76% of all students) received grants or scholarships and the average grant amount is $26,782. In addition, 7,580 students received student loans and the average loan amount is $5,799.
Below tables show the number and amount by source of financial aid at Rochester Institute of Technology.
| Type of Aid | Number Receiving Aid | Percent Receiving Aid | Average Amount of Aid Received |
|---|---|---|---|
| Federal, state, local, institutional or other grant aid | 10,647 | 76% | $26,782 |
| Pell Grants | 3,723 | 27% | $5,075 |
| Federal Student Loans | 7,580 | 54% | $5,799 |
| Type of Aid | Number Receiving Aid | Percent Receiving Aid | Average Amount of Aid Received |
|---|---|---|---|
| Any Student Financial Aid | 3,332 | 99% | - |
| Grants or Scholarship from All Sources | 3,254 | 97% | $29,122 |
| Federal Grants | 965 | 29% | $5,100 |
| Pell Grants | 956 | 29% | $4,746 |
| Other Federal Grants | 792 | 24% | $485 |
| State/Local Grants | 798 | 24% | $2,577 |
| Institutional Grants | 3,151 | 94% | $27,860 |
| Student Loans | 2,118 | 63% | $9,891 |
| Federal Student Loans | 2,082 | 62% | $5,112 |
| Other Student Loans | 500 | 15% | $20,614 |
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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