Over the past 10 years (2013-2022), the average number of students who received grants aid/scholarships is 2,074, which is 96.89 % of all undergraduate students. 1,040 students which is 48.44% of undergraduate students received federal student loans and the average loan amount is $6,820.

For full-time, first-time beginning students (freshmen), 98.78% of students received grants or scholarships and 51% 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 Rose-Hulman Institute of Technology since 2013.

For that period, the average number of students who received grants aid/scholarships is 2,074, which is 96.89 % of all undergraduate students. 1,040 students which is 48.44% of undergraduate students received federal student loans and the average loan amount is $6,820.

YearGrant or Scholarship*Pell GrantsFederal Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average AmountNumber Received (percent**)Average Amount
2013-142,139 (97%)$19,402382 (17%)$3,8561,205 (55%)$7,701
2014-152,176 (95%)$19,704380 (17%)$3,7281,212 (53%)$6,949
2015-162,185 (96%)$19,910321 (14%)$3,7511,177 (52%)$6,775
2016-172,138 (98%)$19,379274 (13%)$4,0161,101 (50%)$7,191
2017-182,091 (96%)$20,091276 (13%)$4,2761,044 (48%)$7,483
2018-192,018 (97%)$21,129266 (13%)$4,045947 (45%)$6,480
2019-201,947 (97%)$22,656248 (12%)$4,391898 (45%)$6,292
2020-211,934 (98%)$25,827245 (12%)$4,747902 (46%)$6,276
2021-222,039 (98%)$28,108255 (12%)$4,868870 (42%)$6,237
Average2,074 (96.89%)$21,801294 (13.67%)$4,1861,040 (48.44%)$6,820
*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, 543 (98.78 % of students) received grants or scholarships and its average amount is $23,459. It can cover 43.30% of tuition & fees ($54,174).

In addition, 282 (51.22 % of students) students get helped from the students loans (average amount : $12,241).

Year Grants or Scholarships*Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average Amount
2013-14555 (99%)$18,709308 (55%)$11,375
2014-15577 (99%)$18,542321 (55%)$11,124
2015-16533 (98%)$19,110282 (52%)$11,457
2016-17532 (98%)$20,967278 (51%)$13,354
2017-18550 (99%)$20,968280 (50%)$13,960
2018-19492 (99%)$22,341239 (48%)$13,015
2019-20487 (98%)$27,149250 (50%)$13,550
2020-21526 (99%)$32,370282 (53%)$10,298
2021-22635 (100%)$30,973301 (47%)$12,038
Average543 (98.78%)$23,459282 (51.22%)$12,241
*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, 72 (13.00 % of students) received Pell (federal) grants and its average amount is $4,169.

In addition, 41 students received State/local government grants/scholarships (7.67 % 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
2013-1484 (15%)$3,76046 (8%)$94946 (8%)$5,048555 (99%)$17,642
2014-1583 (14%)$3,79049 (8%)$96639 (7%)$4,616576 (99%)$17,634
2015-1656 (10%)$3,60131 (6%)$99337 (7%)$5,365532 (98%)$18,336
2016-1767 (12%)$3,81531 (6%)$1,00039 (7%)$5,108532 (98%)$20,053
2017-1879 (14%)$4,24954 (10%)$1,00059 (11%)$7,113550 (99%)$19,497
2018-1969 (14%)$3,94534 (7%)$1,00038 (8%)$6,324492 (99%)$21,230
2019-2071 (14%)$4,626328 (66%)$71538 (8%)$6,380485 (98%)$25,600
2020-2161 (12%)$4,68646 (9%)$1,00035 (7%)$5,199526 (99%)$31,393
2021-2274 (12%)$5,05159 (9%)$1,00037 (6%)$6,414635 (100%)$29,918
Average72 (13.00%)$4,16975 (14.33%)$95841 (7.67%)$5,730543 (98.78%)$22,367
*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, 282 (51.22 % of students) get any students loan help and its average loan amount is $282.

YearTotalFederal student loansOther student loans
Number Received (percent)Average AmountNumber Received (percent)Average AmountNumber Received (percent)Average Amount
2013-14308 (55%)$11,375308 (55%)$6,85472 (13%)$19,339
2014-15321 (55%)$11,124319 (55%)$6,69471 (12%)$20,219
2015-16282 (52%)$11,457275 (50%)$5,25076 (14%)$23,512
2016-17278 (51%)$13,354275 (51%)$5,57789 (16%)$24,479
2017-18280 (50%)$13,960280 (50%)$6,47371 (13%)$29,526
2018-19239 (48%)$13,015237 (47%)$5,37471 (14%)$25,874
2019-20250 (50%)$13,550246 (50%)$5,23577 (16%)$27,266
2020-21282 (53%)$10,298280 (53%)$5,36663 (12%)$22,247
2021-22301 (47%)$12,038298 (47%)$5,38877 (12%)$26,206
Average282 (51.22%)$12,241280 (50.89%)$5,80174 (13.56%)$24,296

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