Over the past 10 years (2013-2022), the average number of students who received grants aid/scholarships is 2,559, which is 63.89 % of all undergraduate students. 519 students which is 13.11% of undergraduate students received federal student loans and the average loan amount is $5,237.

For full-time, first-time beginning students (freshmen), 57.67% of students received grants or scholarships and 14% 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 Rice University since 2013.

For that period, the average number of students who received grants aid/scholarships is 2,559, which is 63.89 % of all undergraduate students. 519 students which is 13.11% of undergraduate students received federal student loans and the average loan amount is $5,237.

YearGrant or Scholarship*Pell GrantsFederal Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average AmountNumber Received (percent**)Average Amount
2013-142,699 (68%)$28,822655 (17%)$4,213667 (17%)$4,762
2014-152,588 (66%)$29,963607 (15%)$4,206654 (17%)$4,972
2015-162,463 (63%)$31,547574 (15%)$4,178661 (17%)$5,057
2016-172,390 (61%)$32,895527 (14%)$4,123642 (16%)$5,130
2017-182,504 (63%)$35,406589 (15%)$4,280621 (16%)$4,892
2018-192,530 (63%)$38,289618 (15%)$4,533517 (13%)$5,194
2019-202,549 (64%)$43,615631 (16%)$4,747335 (8%)$5,682
2020-212,612 (64%)$46,239651 (16%)$5,063294 (7%)$5,704
2021-222,692 (63%)$48,958706 (17%)$5,273279 (7%)$5,738
Average2,559 (63.89%)$37,304618 (15.56%)$4,513519 (13.11%)$5,237
*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, 580 (57.67 % of students) received grants or scholarships and its average amount is $41,762. It can cover 71.85% of tuition & fees ($58,128).

In addition, 138 (14.00 % of students) students get helped from the students loans (average amount : $8,176).

Year Grants or Scholarships*Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average Amount
2013-14570 (58%)$33,779175 (18%)$7,600
2014-15509 (54%)$33,854161 (17%)$6,957
2015-16532 (55%)$36,192170 (18%)$7,380
2016-17577 (59%)$36,387181 (19%)$8,364
2017-18611 (58%)$39,956162 (15%)$7,531
2018-19557 (58%)$44,815115 (12%)$7,188
2019-20574 (60%)$47,88793 (10%)$8,329
2020-21604 (61%)$51,03690 (9%)$9,413
2021-22687 (56%)$51,95594 (8%)$10,818
Average580 (57.67%)$41,762138 (14.00%)$8,176
*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, 158 (15.56 % of students) received Pell (federal) grants and its average amount is $4,706.

In addition, 111 students received State/local government grants/scholarships (12.50 % 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
2013-14147 (15%)$4,28018 (2%)$2,917190 (19%)$3,665569 (58%)$31,417
2014-15125 (13%)$4,48619 (2%)$3,000153 (16%)$3,570507 (54%)$31,692
2015-16141 (15%)$4,35326 (3%)$3,000135 (14%)$3,620529 (55%)$34,166
2016-17138 (14%)$4,23128 (3%)$3,000125 (13%)$3,550574 (59%)$34,641
2017-18163 (16%)$4,51233 (3%)$3,000164 (16%)$3,752606 (58%)$37,893
2018-19167 (17%)$4,79532 (3%)$2,938105 (11%)$3,845556 (58%)$42,560
2019-20156 (16%)$5,189433 (45%)$1,3682 (0%)$3,420574 (60%)$45,433
2020-21169 (17%)$5,149497 (50%)$2,62936 (4%)$3,563601 (61%)$47,455
2021-22212 (17%)$5,362558 (46%)$72887 (7%)$4,286680 (56%)$49,672
Average158 (15.56%)$4,706183 (17.44%)$2,509111 (12.50%)$3,697577 (57.67%)$39,437
*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, 138 (14.00 % of students) get any students loan help and its average loan amount is $138.

YearTotalFederal student loansOther student loans
Number Received (percent)Average AmountNumber Received (percent)Average AmountNumber Received (percent)Average Amount
2013-14175 (18%)$7,600164 (17%)$4,37531 (3%)$19,756
2014-15161 (17%)$6,957153 (16%)$4,40224 (3%)$18,611
2015-16170 (18%)$7,380161 (17%)$4,16234 (4%)$17,189
2016-17181 (19%)$8,364169 (17%)$4,34542 (4%)$18,565
2017-18162 (15%)$7,531159 (15%)$4,23127 (3%)$20,273
2018-19115 (12%)$7,188112 (12%)$4,63016 (2%)$19,252
2019-2093 (10%)$8,32988 (9%)$5,01917 (2%)$19,579
2020-2190 (9%)$9,41387 (9%)$4,98217 (2%)$24,340
2021-2294 (8%)$10,81884 (7%)$4,89721 (2%)$28,838
Average138 (14.00%)$8,176131 (13.22%)$4,56025 (2.78%)$20,711

Ratings & Review

Share your experiences and thoughts about Rice University. It will be a great help to applicants and prospective students!