Another Reason to Love Rice

<p>Yearly Student Contribution from Work Study: 1800
Student Income Contribution (if the parent's EFC = 0): 0</p>

<p>Calculated Cost of Attendance: $45,685
Books and Personal Expenses Included: $2350</p>

<p>Student Contribution over Four Years: $7200
- Books and Personal Expenses over Four Years: -$2200</p>

<p>Total Billed Student Expenses for an EFC of 0: $0.00
Attending Rice University 100% Debt and Contribution Free: priceless</p>

<p>Is that your FA offer?</p>

<p>Nope, but give it a thousand dollar per year leeway or so and that’s pretty much guaranteed. At Yale, it would be $6750 (total for all four years). At WUSTL, it would be $11200 (total for all four years).</p>

<p>I just thought I’d share the good news. Rice requires a student work study contribution, but since Rice bills in non-billed expenses (books and personal expenses) into the COA, the work study is effectively neutralized.</p>

<p>Yup, my EFC is pretty low (not 0 though) and I was pleasantly surprised with my aid package. </p>

<p>Is there no standard student contribution at Rice? I was considering Cornell, and I distinctly remember there were “summer earnings expectations” for undergraduates, based on classification year. The expectations were pretty steep…something like: $2,320 – Freshmen, $2,930 – Sophomores, $3,070 – Juniors, and $3,280 – Seniors. Yikes…so glad Rice doesn’t do the same.</p>

<p>I wouldn’t really consider work-study real aid btw. I’m a transfer and my previous school had a policy of awarding egregious work-study amounts to students with high financial need. It was a financial aid loophole they could use so as to seem financially generous without awarding lots of grants/scholarships to high-need students because they knew students would never be able to work as many hours needed to fulfil the work-study expectation. This work-study was also pretty limited and only awarded to those who filed the FAFSA first. If you filed the FAFSA a little later, your entire package would consist mostly of loans, regardless of how much need you had.</p>

<p>I must really hate rice then.</p>

<p>" I must really hate rice then. "</p>

<p>What?</p>

<p>The standard student summer contribution is $1500 (possibly more for upperclassmen) and it is included in your EFC. However, if your parent’s EFC is 0, the student contribution is also 0. Even if your EFC isn’t 0, Rice has the lowest student contribution (at least for Freshman) that I have seen to date. Work study is pretty useless and I’d much rather spend my time researching/studying/hanging out/abroad/interning than work study. I’d take out loans for work study. But since Rice includes non-billable expenses like books and personal expenses in its COA, the work study is null toward the actual tuition and room/board bill, meaning you don’t have to take it anyways.</p>

<p>yeah but at least it’s a way to make money</p>

<p>Dis-O 10 chars</p>

<p>what on earth are you talking about?? :/</p>