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Rensselaer Polytechnic Institute Financial Aid

Rensselaer Polytechnic Institute Tuition and Financial Aid

September 5, 2021 by Prasanthi Leave a Comment

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Rensselaer Polytechnic Institute Tuition And Expenses

Cost of Attendance $70,132
Tuition and Fees
$52,305
Room and Board
$14,960
Books and Supplies
$2,867
Other Expenses
Not reported
Payment Plans Credit card, installment plan, external finance company

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Rensselaer Polytechnic Institute Applying For Financial Aid

Financial Aid Office
E-mail admissions@rpi.edu
Web Site Financial Aid Web Site
Net Price Calculator URL Net Price Calculator URL
Application Process
Application Deadline February 1
Award Notification On or about March 12
Methodology for Awarding
Institutional Aid
Federal and Institutional Methodologies
Forms Required Cost to File
FAFSA
Code is 002803
Free
CSS/Financial Aid Profile $25 for first college, $16 each additional

Rensselaer Polytechnic Institute Profile Of 2015-16 Financial Aid

Freshmen
Financial Aid Applicants 1,337 (79.1%) of freshmen
Found to Have Financial Need 1,110 (83.0%) of applicants
Received Financial Aid 1,110 (100.0%) of applicants with financial need
Need Fully Met 249 (22.4%) of aid recipients
Average Percent of Need Met 86%
Average Award $41,926
Need-Based Gift
Received by 1,110 (100.0%) of aid recipients, average amount $36,325
Need-Based Self-Help
Received by 1,099 (99.0%) of aid recipients, average amount $5,741
Merit-Based Gift
Received by 199 (17.9%) of aid recipients
Merit-Based Gift 372 (22.0%) of freshmen had no financial need and received merit aid, average amount $20,910
All Undergraduates
Financial Aid Applicants 4,239 (68.4%) of undergraduates
Found to Have Financial Need 3,760 (88.7%) of applicants
Received Financial Aid 3,760 (100.0%) of applicants with financial need
Need Fully Met 725 (19.3%) of aid recipients
Average Percent of Need Met 80%
Average Award $38,742
Need-Based Gift
Received by 3,760 (100.0%) of aid recipients, average amount $33,119
Need-Based Self-Help
Received by 3,653 (97.2%) of aid recipients, average amount $5,830
Merit-Based Gift
Received by 492 (13.1%) of aid recipients
Merit-Based Gift 1,631 (26.3%) of undergraduates had no financial need and received merit aid, average amount $17,920
Borrowing
2016 Graduates Who
Took Out Loans
64%
Average Indebtedness of
2016 Graduates
Not reported
Parents Borrowing PLUS Loans
Parents of Students
Receiving Aid
Not reported
Parents of Students Not
Receiving Aid
Not reported

Rensselaer Polytechnic Institute Financial Aid Programs

Loans
Federal Loans Direct subsidized Stafford loans, direct unsubsidized Stafford loans, direct PLUS loans, Federal Perkins loans
State Loans
Other Loans College/university loans
Scholarships and Grants
Need-Based Available Federal Pell grants, SEOG, State scholarships, Institutional scholarships, Private scholarships, Academic Competitiveness Grants, National SMART Grants, Gates Millennium Scholarships
Non-Need–Based Available Academic scholarships, Creative arts/performance scholarships, Music/Drama scholarships, Athletic scholarships, Minority scholarships, ROTC scholarships, Alumni affiliation scholarships, Leadership scholarships
Non-Need Awards
Academic Interest/Achievement
Award Areas
Humanities, Mathematics, Military Science
Number of Awards
Not reported
Top Areas (By Money
Awarded)
Creative Arts/Performance
Award Areas
Not reported
Number of Awards
Not reported
Top Areas (By Money
Awarded)
Special Achievements/Activities
Award Areas
Not reported
Number of Awards
Not reported
Top Areas (By Money
Awarded)
Special Characteristics
Award Areas
Children and Siblings of Alumni, Children of Faculty/Staff, Ethnic Background, Members of Minorities
Number of Awards
Not reported
Top Areas (By Money
Awarded)
Employment
Work-Study Programs Federal work study available
Average Earnings from
On-Campus Employment
$1,983

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