Over the past 10 years (2013-2022), 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.

For full-time, first-time beginning students (freshmen), 88.67% of students received grants or scholarships and 55% of students received student loans.

All Undergraduate Students Financial Aid Over Time

The following table shows 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.

YearGrant or Scholarship*Pell GrantsFederal Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average AmountNumber Received (percent**)Average Amount
2013-145,007 (93%)$23,993904 (17%)$4,1373,226 (60%)$7,816
2014-155,049 (91%)$25,694890 (16%)$4,2403,179 (57%)$7,844
2015-165,151 (88%)$27,478969 (17%)$4,4113,276 (56%)$7,773
2016-175,467 (87%)$29,3911,067 (17%)$4,4383,450 (55%)$6,074
2017-185,409 (86%)$31,0341,125 (18%)$4,5333,369 (53%)$7,384
2018-195,585 (84%)$32,3821,186 (18%)$4,6853,279 (49%)$6,147
2019-205,409 (87%)$32,5611,077 (17%)$4,7862,928 (47%)$6,110
2020-215,438 (87%)$34,0371,124 (18%)$4,9562,825 (45%)$6,129
2021-224,803 (86%)$35,5521,028 (18%)$5,1992,691 (48%)$6,205
Average5,258 (87.67%)$30,2361,041 (17.33%)$4,5983,136 (52.22%)$6,831
*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.

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

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
Number Received (percent**)Average AmountNumber Received (percent**)Average Amount
2013-141,301 (92%)$25,446875 (62%)$10,700
2014-151,191 (89%)$26,378778 (58%)$10,940
2015-161,220 (88%)$28,738825 (60%)$10,105
2016-171,488 (88%)$30,5961,014 (60%)$10,477
2017-181,365 (82%)$30,824880 (53%)$10,358
2018-191,500 (84%)$30,992860 (48%)$10,202
2019-201,471 (88%)$33,155762 (46%)$10,027
2020-211,427 (97%)$35,754761 (52%)$9,707
2021-221,189 (90%)$38,636753 (57%)$10,092
Average1,350 (88.67%)$31,169834 (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.

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) GrantsOther Federal State/Local governmentInstitutional
Number Received (percent)Average AmountNumber Received (percent)Average Amount Number Received (percent)Average AmountNumber Received (percent)Average Amount
2013-14247 (18%)$4,167152 (11%)$2,013227 (16%)$2,4461,301 (92%)$23,993
2014-15205 (15%)$4,332141 (11%)$2,091173 (13%)$2,7331,191 (89%)$24,988
2015-16234 (17%)$4,612165 (12%)$2,285193 (14%)$2,4551,220 (88%)$27,156
2016-17304 (18%)$4,350222 (13%)$2,127249 (15%)$2,6641,487 (88%)$28,964
2017-18254 (15%)$4,856201 (12%)$1,963231 (14%)$2,8221,363 (82%)$29,196
2018-19302 (17%)$4,850178 (10%)$1,930262 (15%)$3,1231,495 (84%)$29,339
2019-20273 (16%)$4,9991,412 (85%)$2,575166 (10%)$3,0861,375 (83%)$31,461
2020-21287 (20%)$5,111405 (28%)$4,542139 (9%)$3,5361,427 (97%)$33,093
2021-22226 (17%)$5,139168 (13%)$2,146185 (14%)$2,9051,189 (90%)$36,904
Average259 (17.00%)$4,713338 (21.67%)$2,408203 (13.33%)$2,8631,339 (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.

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.

YearTotalFederal student loansOther student loans
Number Received (percent)Average AmountNumber Received (percent)Average AmountNumber Received (percent)Average Amount
2013-14875 (62%)$10,700871 (62%)$7,163167 (12%)$18,703
2014-15778 (58%)$10,940771 (58%)$7,401156 (12%)$17,979
2015-16825 (60%)$10,105812 (59%)$6,929145 (11%)$18,688
2016-171,014 (60%)$10,4771,011 (60%)$7,092173 (10%)$19,962
2017-18880 (53%)$10,358868 (52%)$5,957173 (10%)$22,797
2018-19860 (48%)$10,202849 (48%)$5,168178 (10%)$24,642
2019-20762 (46%)$10,027747 (45%)$5,074157 (9%)$24,523
2020-21761 (52%)$9,707754 (52%)$5,116146 (10%)$24,172
2021-22753 (57%)$10,092745 (56%)$5,211157 (12%)$23,676
Average834 (55.11%)$10,290825 (54.67%)$6,123161 (10.67%)$21,682

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