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Rice University
For students with family incomes of $80,000 or less, after the family covers any EFC, the university covers the entire remaining student budget with work-study and grant aid.| For students with family incomes of $80,000 or less. . . | 2009-10 Estimated Student Budget | ||||||||||
| After the family covers any EFC, the university assures enough work-study and grant aid to cover these expenses |
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Total Expenses: $47,160
For all students who have accumulated $10,000 in need-based loans, after the family covers the EFC and the student has work-study totaling $2,500, the university covers the remaining student budget with grant aid.
| For all students who have accumulated $10,000 in need-based loans. . . | 2009-10 Estimated Student Budget | ||||||||||
| After the family covers the EFC and the student has work-study totaling $2,500, the university covers the remaining student budget with grant aid. |
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Total Expenses: $47,160
About the Financial Aid Pledge (2009-10):
Who qualifies for the pledge (in addition to common requirements)?
Students with family incomes $80,000 or less plus all students with cumulative need-based loans of $10,000.
Students with family incomes $80,000 or less plus all students with cumulative need-based loans of $10,000.
How is EFC determined and used?
Federal Methodology and Institutional Methodology. The family is expected to cover the EFC. If the parent contribution is equal to zero, no contribution is expected from the student; otherwise, the family contribution includes a $1,750 student contribution.
Federal Methodology and Institutional Methodology. The family is expected to cover the EFC. If the parent contribution is equal to zero, no contribution is expected from the student; otherwise, the family contribution includes a $1,750 student contribution.
How much academic year work and/or need-based loans are included?
For students with family income of $80,000 or less, no loans and $2,500 work. For all other students, no more than $10,000 in cumulative need-based loans.
For students with family income of $80,000 or less, no loans and $2,500 work. For all other students, no more than $10,000 in cumulative need-based loans.
Does the offer account for the full student budget?
Yes.
Yes.
How are outside scholarships handled?
Outside scholarships reduce loans and work-study before reducing grants.
Outside scholarships reduce loans and work-study before reducing grants.
About the Institution (2007-08):
Location: Houston, TXType: Private 4-year
Undergraduate enrollment: 3,144
Pell Grant recipients (a measure of low-income enrollment): 11%
Proportion of graduating seniors with student debt: 42%
Average debt: $11,108
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