How RPI's Financial Aid Changes

All Undergraduate Students Financial Aid Over Time

The following table and chart show the trends of financial aid for all undergraduate students at Rensselaer Polytechnic Institute since 2013.

For that period, the average number of students who received grants aid/scholarships is 5,258, which is 87.67 % of all undergraduate students. 3,136 students which is 52.22% of undergraduate students received federal student loans and the average loan amount is $6,831.

Year	Grant or Scholarship^*		Pell Grants		Federal Student Loans
Year	Number Received (percent^**)	Average Amount	Number Received (percent^**)	Average Amount	Number Received (percent^**)	Average Amount
2013-14	5,007 (93%)	$23,993	904 (17%)	$4,137	3,226 (60%)	$7,816
2014-15	5,049 (91%)	$25,694	890 (16%)	$4,240	3,179 (57%)	$7,844
2015-16	5,151 (88%)	$27,478	969 (17%)	$4,411	3,276 (56%)	$7,773
2016-17	5,467 (87%)	$29,391	1,067 (17%)	$4,438	3,450 (55%)	$6,074
2017-18	5,409 (86%)	$31,034	1,125 (18%)	$4,533	3,369 (53%)	$7,384
2018-19	5,585 (84%)	$32,382	1,186 (18%)	$4,685	3,279 (49%)	$6,147
2019-20	5,409 (87%)	$32,561	1,077 (17%)	$4,786	2,928 (47%)	$6,110
2020-21	5,438 (87%)	$34,037	1,124 (18%)	$4,956	2,825 (45%)	$6,129
2021-22	4,803 (86%)	$35,552	1,028 (18%)	$5,199	2,691 (48%)	$6,205
Average	5,258 (87.67%)	$30,236	1,041 (17.33%)	$4,598	3,136 (52.22%)	$6,831

Freshmen (First-time, Full-time Undergraduate) Financial Aid Over Time

Overview

For the last 10 years, on average, 1,350 (88.67 % of students) received grants or scholarships and its average amount is $31,169. It can cover 50.37% of tuition & fees ($61,884).

In addition, 834 (55.11 % of students) students get helped from the students loans (average amount : $10,290).

Year	Grants or Scholarships^*		Student Loans
Year	Number Received (percent^**)	Average Amount	Number Received (percent^**)	Average Amount
2013-14	1,301 (92%)	$25,446	875 (62%)	$10,700
2014-15	1,191 (89%)	$26,378	778 (58%)	$10,940
2015-16	1,220 (88%)	$28,738	825 (60%)	$10,105
2016-17	1,488 (88%)	$30,596	1,014 (60%)	$10,477
2017-18	1,365 (82%)	$30,824	880 (53%)	$10,358
2018-19	1,500 (84%)	$30,992	860 (48%)	$10,202
2019-20	1,471 (88%)	$33,155	762 (46%)	$10,027
2020-21	1,427 (97%)	$35,754	761 (52%)	$9,707
2021-22	1,189 (90%)	$38,636	753 (57%)	$10,092
Average	1,350 (88.67%)	$31,169	834 (55.11%)	$10,290

^*Grant or scholarship aid includes aid received, from the federal government, state or local government, the institution, and other sources known by the institution.

^**percentage of number of students receiving aids among all undergraduate students.

Grants/Scholarship

The following table shows the trends of grants or scholarships over time. For the last 10 years, on average, 259 (17.00 % of students) received Pell (federal) grants and its average amount is $4,713.

In addition, 203 students received State/local government grants/scholarships (13.33 % of students).

Year	Federal (Pell) Grants		Other Federal		State/Local government		Institutional
Year	Number Received (percent)	Average Amount	Number Received (percent)	Average Amount	Number Received (percent)	Average Amount	Number Received (percent)	Average Amount
2013-14	247 (18%)	$4,167	152 (11%)	$2,013	227 (16%)	$2,446	1,301 (92%)	$23,993
2014-15	205 (15%)	$4,332	141 (11%)	$2,091	173 (13%)	$2,733	1,191 (89%)	$24,988
2015-16	234 (17%)	$4,612	165 (12%)	$2,285	193 (14%)	$2,455	1,220 (88%)	$27,156
2016-17	304 (18%)	$4,350	222 (13%)	$2,127	249 (15%)	$2,664	1,487 (88%)	$28,964
2017-18	254 (15%)	$4,856	201 (12%)	$1,963	231 (14%)	$2,822	1,363 (82%)	$29,196
2018-19	302 (17%)	$4,850	178 (10%)	$1,930	262 (15%)	$3,123	1,495 (84%)	$29,339
2019-20	273 (16%)	$4,999	1,412 (85%)	$2,575	166 (10%)	$3,086	1,375 (83%)	$31,461
2020-21	287 (20%)	$5,111	405 (28%)	$4,542	139 (9%)	$3,536	1,427 (97%)	$33,093
2021-22	226 (17%)	$5,139	168 (13%)	$2,146	185 (14%)	$2,905	1,189 (90%)	$36,904
Average	259 (17.00%)	$4,713	338 (21.67%)	$2,408	203 (13.33%)	$2,863	1,339 (88.11%)	$29,455

^*Grant or scholarship aid includes aid received, from the federal government, state or local government, the institution, and other sources known by the institution.

^**percentage of number of students receiving aids among all undergraduate students..

Student Loans

The following table describes number of students and average amount of loans by loan type. The following table shows the trends of grants or scholarships over time.

For the last 10 years, on average, 834 (55.11 % of students) get any students loan help and its average loan amount is $834.

Year	Total		Federal student loans		Other student loans
Year	Number Received (percent)	Average Amount	Number Received (percent)	Average Amount	Number Received (percent)	Average Amount
2013-14	875 (62%)	$10,700	871 (62%)	$7,163	167 (12%)	$18,703
2014-15	778 (58%)	$10,940	771 (58%)	$7,401	156 (12%)	$17,979
2015-16	825 (60%)	$10,105	812 (59%)	$6,929	145 (11%)	$18,688
2016-17	1,014 (60%)	$10,477	1,011 (60%)	$7,092	173 (10%)	$19,962
2017-18	880 (53%)	$10,358	868 (52%)	$5,957	173 (10%)	$22,797
2018-19	860 (48%)	$10,202	849 (48%)	$5,168	178 (10%)	$24,642
2019-20	762 (46%)	$10,027	747 (45%)	$5,074	157 (9%)	$24,523
2020-21	761 (52%)	$9,707	754 (52%)	$5,116	146 (10%)	$24,172
2021-22	753 (57%)	$10,092	745 (56%)	$5,211	157 (12%)	$23,676
Average	834 (55.11%)	$10,290	825 (54.67%)	$6,123	161 (10.67%)	$21,682

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Scholarships, Grants, and Loan Trends at RPI

All Undergraduate Students Financial Aid Over Time

Freshmen (First-time, Full-time Undergraduate) Financial Aid Over Time