Deferred Payment Plan
Rice offers a deferred payment plan to all families of enrolled students, regardless of eligibility for need-based financial aid. The payment plan is designed so that students or parents can pay over the course of the semester as opposed to paying the full amount of tuition prior to the start of the semester.
The plan requires a down payment consisting of 25 percent of the current tuition, fees, insurance, and room and board. This down payment is due by the date printed on the billing statement. The remaining amount will then be split into three installments that include a small interest charge. The installments are due monthly during the semester.