Those with family incomes higher than $200,000 may also receive aid based on a determination of financial need. Students receiving these awards will not be required to borrow to fund their education. Students whose families earn between $65,000 and $130,000* will receive at least a full-tuition scholarship. The table on the right demonstrates the exponential growth of a scholarship endowment over the past 50 years. Families with significant assets above what is typical for their income level may not qualify for The Rice Investment, but Rice is still committed to funding 100% of demonstrated need. share. I've been given a good aid package as an incoming freshman (even though I do not qualify for the Rice Investment Initiative). Through grants, endowments, low-interest loans, campus work opportunities, or a combination of these programs, Rice makes every effort to provide students and families assistance to meet their educational expenses. Since the Rice Investment was announced, Rice has seen a 29% rise in applications and an increase of matriculating students receiving need-based financial aid from 44% to 50%. Rice’s future is stronger with you. Students must complete the Rice financial aid application each year to be considered for need-based aid. With your support, we will boldly invest in our talented young Owls who, prepared with a Rice education, will move the world forward. Determining the right school comes down to several factors — often, the biggest one is affordability. This is the future of affordability. Endowed undergraduate scholarships are critical to sustaining this financial aid initiative in perpetuity. save. Student-athletes have the option to be evaluated for need-based institutional aid and can opt to receive need-based institutional aid in lieu of their athletic scholarship. The Rice endowment pool includes nearly 500 need-based scholarship funds that benefit undergraduate students, but we need to build on this foundational support to sustain The Rice Investment. Establish your own legacy at Rice and help us to build a future of accessibility and opportunity. Through grants, endowments, low-interest loans, campus work opportunities, or a combination of these programs, Rice makes every Yes. Learn about a new matching gift opportunity. Box 1892, Houston, TX 77251-1892 |, 713-348-0000 | Privacy Policy | Web Accessibility | Campus Carry. Families may qualify for additional aid beyond The Rice Investment if they have further demonstrated need. The Rice Investment may be met through a combination of federal, state and institutional grant aid. Join us as we break down our financial aid policies, explain the Rice Investment, and cover merit-based scholarship opportunities. Box 1892, Houston, TX 77251-1892 |, 713-348-0000 | Privacy Policy | Web Accessibility | Campus Carry, Visiting and Continuing Education Students. So it seems the Rice Investment has met, at least in part, its stated goal of extending need-based financial aid to more students. Provider Located on a 300-acre forested campus in Houston, Texas, Rice University is consistently ranked among the nation’s top 20 universities by U.S. News & World Report. The estimate provided using this calculator does not represent a final determination, actual award of financial assistance, or a final net price. Need-based aid eligibility is based on various factors such as family income, household size, number in college, asset information and more. And we're willing to invest in that belief. The Office of Financial Aid administers and awards student financial aid packages and maintains student financial aid records.. Are federal and state grants included in The Rice Investment? It's no secret that many students from middle-class families are increasingly taking on loans in order to afford private colleges and universities. Our team can also structure a gift planning vehicle to fund a significant commitment to The Rice Investment. 57% of undergraduates receive some kind of aid 57% of undergraduates receive some kind of aid With generous financial aid policies, more students have access to the aid they need. No. At Rice, we believe talent deserves opportunity. At Rice, we believe talent deserves opportunity. At Rice, we are committed to providing more students with access to the aid they need. Rice produces the next generation of leaders and advances tomorrow’s thinking. We strive to ensure that everyone has the opportunity to pursue a Rice education. Rice produces the next generation of leaders and advances tomorrow’s thinking. However, other sources of financial assistance exist, mainly in the form of loans. In FY 2015, the amount was $2.1 million. Fostering diversity and an intellectual environment, Rice University is a comprehensive research university located on a 300-acre tree-lined campus in Houston, Texas. The Thresher reports that the Rice Investment "resulted in a 29 percent rise in the number of applications and an increase from 44 to 50 percent of matriculating students receiving need-based financial aid." And we're willing to invest in that belief. That means if there is a gap between what an admitted student’s family is able to pay and our total cost of attendance, we cover the gap. No, there is not a separate application. While prospective international students are not eligible for The Rice Investment, they can apply for need-based financial aid by following the instructions in the Applying for Aid section. The Rice Investment is mostly a repackaging of existing financial aid programs. Mailing Address: P.O. For more information about endowments, contact Development and Alumni Relations at stewardship@rice.edu or 713-348-4383. The Rice Investment empowers the most talented students to choose Rice based on their ability to excel, not their ability to pay. As these degrees are considered STEM degrees, many grants and scholarships are available, especially for minorities and women. Through The Rice Investment, we will expand the aid we provide to families: Degree-seeking undergraduate students whose families earn less than $65,000* will receive grants that fully cover tuition, mandatory fees, and room and board. Rice University uses the CSS Profile for international students applying for aid. We believe talent deserves opportunity.

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