univstats

Rust Financial Aid

Number Received Financial Aid (All Undergraduate) 498
Percent Received Financial Aid(All Undergraduate) 71%
Average Aid Amount $10,308
Number Received Financial Aid (Freshmen) 125
Percent Received Financial Aid (Freshmen) 98%

Financial Aid Information at Rust

For the academic year 2021-2022, a total of 498 students (71% of undergraduate students) received one or more financial aid including grants, scholarships, and/or student loans. The average financial aid amount is $10,308. For freshmen (Full-time, first-time degree-seeking undergraduate students), 125 students (98% of enrolled students) received financial aid.
The 2024 undergraduate tuition & fees at Rust College is $13,840, for reference.

All Undergraduate Students Financial Aid

For the academic year 2021-2022, a total of 498 students (71% of all students) have received grants or scholarships and the average received aid amount is $10,308. It includes federal, state, local, institutional, or other sources of grant aid. The following table describes the financial aid statistics by aid types at Rust College for all undergraduate students.
Undergraduate Student Financial Aid at Rust College
Type of AidNumber Receiving AidPercent Receiving AidAverage Amount of Aid Received
Federal, state, local, institutional or other grant aid49871%$10,308
Pell Grants41059%$5,306
Federal Student Loans33348%$6,052

Beginning Students Financial Aid

a total of 125 beginning students (98% of all freshmen) have received any financial aid and 123 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 Rust College.
Beginning Students (Freshmen) Financial Aid at Rust College
Type of AidNumber Receiving AidPercent Receiving AidAverage Amount of Aid Received
Any Student Financial Aid12598%-
Grants or Scholarship from All Sources12094%$8,549
Federal Grants9373%$6,185
Pell Grants7055%$5,650
Other Federal Grants8869%$2,042
State/Local Grants22%$375
Institutional Grants6349%$7,142
Student Loans4334%$5,841
Federal Student Loans4233%$5,528
Other Student Loans11%$18,950