Dreams that have the potential to shape the world live in the hearts and minds of students from all backgrounds. Rice University has a legacy of investing in those dreams, beginning with our charter as a tuition-free institution more than a century ago. We still believe that talented students deserve the opportunity to realize their full potential â€“ to create, to discover and to transform.
That's why thereâ€™s The Rice Investment, one of the nationâ€™s most generous financial aid initiatives that increases access to an affordable, quality education for low- and middle-income students. Beginning in fall 2019 under The Rice Investment, middle-income families with typical assets will receive grant aid to cover full tuition if they earn up to $130,000 per year, and half tuition for families earning between $130,001-$200,000. In addition, students with family incomes below $65,000 will receive grant aid covering not only their full tuition, but also all of their mandatory fees and room and board. Students receiving aid under The Rice Investment will have all demonstrated need met without any loans.
The Rice Investment is, indeed, an investment in the promise of all students who demonstrate talent, initiative and drive to positively impact the world. Rice is one of a select number of institutions that admits students based on academic merit rather than ability to pay. Rice also meets 100 percent of demonstrated need for admitted students through financial aid, regardless of whether they qualify for The Rice Investment. While we believe that students and their families have a primary role in helping to pay for college, we also believe that inability to pay based on financial circumstances should not be a barrier that keeps brilliant ideas and dreams from becoming reality.FAQs Support the Rice Investment
|Family Income Range*||Grant to Include|
|$65,000 and below||Full Tuition, Fees, Room and Board|
|$65,001 - $130,000||Full Tuition|
|$130,001 - $200,000||Half Tuition|
*Assuming typical assets and typical family circumstances.
Rice remains dedicated to meeting 100 percent of demonstrated financial need. The Rice Investment may be met through a combination of federal, state and institutional gift aid. Any additional demonstrated need may be met through work-study and/or additional gift aid.