Costs
The sticker price at Rice is $74,110. This sticker price includes costs for tuition, books and supplies, room and board, and other miscellaneous expenses.
It’s also important to note that the cost of attendance can vary from year to year and typically it will rise over your four years in college. With that said, your financial aid will also be recalculated every year to take any price increases, as well as any changes in your financial situation, into account.
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Rice University Financial Aid
Students who are applying for financial aid at Rice need to submit both the Free Application for Federal Student Aid (or FAFSA), as well as the CSS Profile.
The FAFSA uses financial information from the prior, prior year which means that you don’t need to wait for the year to end and can use last year’s financial information.
The FAFSA code for Rice is 003604 and the CSS Profile Code is 6609.
It should be noted that while the FAFSA is free, the CSS Profile does require an application fee. However, students can qualify for a CSS Profile application fee waiver if the cost will present a financial hardship for the students’ family.
If you are looking for more information on how to complete the FAFSA or the CSS Profile, check out these resources:
Rice University Questbridge Scholarships
Rice is a member of Questbridge, which is a prestigious scholarship program that supports high-achieving students from low-income backgrounds. Students who are “matched” to Rice University through Questbridge receive a four year, full ride scholarship to the school. If you are interested in learning more about Questbridge, you can check out our Questbridge Scholarship guide.
No Loan Policy at Rice
Rice is a no-loan school, which means that their financial aid packages offer students grants and scholarships in place of the federal loans that are typically part of a package. This means that their financial aid is more generous than most, and they help bridge the gap between cost and student need. Some no-loan schools offer this policy for all accepted students while others only extend it to students below a specific income level, or to in-state students. Be sure to check Rice's website for details on their No-Loan policy.
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Pell Grants at Rice University
17% of students at Rice University receive Pell Grants, which are awarded to undergraduate students with demonstrated financial need (students who have a bachelor’s or professional degree are not eligible). Pell Grants are awarded by the federal government and do not need to be repaid. To apply for a Pell Grant, students will need to submit their FAFSA. If you are awarded a Pell Grant, you’ll see it listed in your financial aid award letter if you are accepted to Rice University.
You can learn more about Pell Grant eligibility here.
Outside Scholarships
Rice students can also apply for outside scholarships to fund their education. Outside scholarships are awards that are offered by private and non-profit organizations. If you want to see what outside scholarships you are eligible for, check out these resources: