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Future Owls | Costs and Financial Aid | Need-Based | Need-Based Financial Aid

Need-Based Financial Aid

Rice meets 100 percent of a student's financial need determined by documented financial aid eligibility. To receive need-based financial assistance, students must demonstrate eligibility by submitting three types of documentation:

Based on this documentation of family income, assets, and obligations, our Office of Student Financial Services will determine your Expected Family Contribution (EFC), the amount you and your family can be expected to pay for your education.  If that figure is less than the cost to attend Rice, we will prepare a package of grants, loans, and/or work study to make up the difference.  For freshmen, any merit scholarships awarded during the admission process will be included in this package.

We strongly encourage all families to apply for need-based financial aid. Many considerations are built into the formula used to compute your financial aid eligibility, so we can't predict who will be eligible or the size of the award without a completed financial aid file.  We do know you won't receive any need-based aid if you don't apply for it.

For additional detailed information, visit the Office of Student Financial Services.

 

 
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