BELOW $100K
Full Tuition, Fees & Living Expenses Grant
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The Rice Investment
What if a prestigious school looked for ways to open doors instead of close them? At Rice, we believe talent deserves opportunity.
$100K-200K
Full Tuition Grant
* Families with significant assets above what is typical for their income level may not qualify for The Rice Investment, but Rice is still committed to funding 100% of demonstrated need. A family's assets might include cash and savings, investments, home equity, business net worth, other real estate and any other assets. We exclude qualifying retirement accounts.
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The Impact
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What Makes Rice Different
What if one of the top research universities didn’t act like all the other selective schools?
100% of Demonstrated Need Met
100% of Demonstrated Need Met
With our generous need-based aid and merit awards, we’re committed to meeting 100% of demonstrated need for all students. That means if there is a gap between what an admitted student’s family is able to pay and our total cost of attendance, we cover the gap.
Loan-free institution
Loan-free institution
It's no secret that many students from lower- and middle-income families are increasingly taking on loans in order to afford private colleges and universities. As a loan-free institution, we invest in our students so they can graduate without the burden of student debt.
Over 54% of Undergraduates receive some kind of aid
Over 54% of Undergraduates receive some kind of aid
At Rice, we are committed to providing more students with access to the aid they need. Because we believe that everyone has the opportunity to pursue a Rice education, we strive to ensure our financial aid supports that belief.
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Frequently Asked Questions
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What exactly is The Rice Investment?
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We’ve taken a bold step toward making education affordable with our signature financial aid program, The Rice Investment. Through this initiative, full tuition is covered for households with incomes up to $200,000, while families with incomes up to $100,000 will have tuition, fees, and living expenses like room and board fully covered (assuming typical assets). We also remain committed to loan-free financial aid, allowing our graduates to enter the workforce debt-free, and we continue to meet 100% of demonstrated financial need for families that do not fall within the listed income ranges.
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Is there a separate application for The Rice Investment?
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No, there is not a separate application. To be considered for The Rice Investment, students must complete the standard financial aid application requirements for need-based aid.
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Will I be eligible for The Rice Investment all four years?
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Students must complete the Rice financial aid application each year to be considered for need-based aid. Families demonstrating need within the outlined income ranges will continue to qualify for The Rice Investment.
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Can I qualify for more aid beyond The Rice Investment?
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Yes. Families may qualify for additional aid beyond The Rice Investment if they have further demonstrated need.
- I noticed the "Typical Assets" notation the on the Rice Investment website. What exactly does that mean?
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A family’s assets might include cash and savings, investments, home equity, business net worth, or other real estate (we exclude qualifying retirement accounts). Families with significant assets above what is typical for their income level may not qualify for The Rice Investment.
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Are international students eligible for The Rice Investment?
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While prospective international students are not eligible for The Rice Investment, they can apply for need-based financial aid by following the instructions in the Applying for Aid section.
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Are federal and state grants included in The Rice Investment?
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Yes. The Rice Investment may be met through a combination of federal, state and institutional grant aid.
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Are graduate students eligible for the Rice Investment?
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No. Graduate students are eligible for certain stipends, fellowships or other gift aid by their school. For additional information, visit the graduate student financial aid page.
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If I do not meet the qualifications for The Rice Investment, will I still be considered for any need-based aid?
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Yes. We remain dedicated to meeting 100% of demonstrated need. Families with significant assets or income above the outlined thresholds of The Rice Investment may still qualify for need-based aid. To be considered, follow the instructions in the Applying for Aid section.
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Do I qualify for more aid via the newly simplified tiers of The Rice Investment if I am a current Rice student?
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Unfortunately, the expanded Rice Investment will not apply to current students. Since financial aid programs are funded and structured specifically for each academic year, the cycles for these classes have already closed.
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Do I qualify for more aid via the newly simplified tiers of The Rice Investment if I am entering Rice in the fall of 2026?
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Unfortunately, the expanded Rice Investment will not apply to the incoming class. Since financial aid programs are funded and structured specifically for each academic year, the cycles for the incoming freshman class and incoming transfer students have already closed.
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Do transfer students qualify for the newly simplified tiers of The Rice Investment?
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Yes, transfer students may qualify if they are entering in the fall of 2027 and later.
Helpful Links
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CALL
713-348-4958
fina@rice.edu
WALK-IN HOURS
M-F 10:00 a.m. to 3:00 p.m. CT
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