<p>Anyone wanna give me some heads up and information about Rice University's Scholarships/Financial Aid?</p>
<p>2005-2006</p>
<p>Need-based aid
Students who applied for financial aid 74% (1st yr students) 53% (All undergrads)
Those determined to have financial need 40% 35%
Students whose need was fully met (excluding PLUS or other private loans) 100% 100%
Avg. financial aid package (% awarded aid) $22,949 (40%) $20,140 (35%)
Avg. need-based scholarships or grants (% awarded aid) $21,157 (40%) $16,889 (34%)
Avg. self-help aid, such as work study or loans (% awarded aid) $3,076 (23%) $3,788 (26%)
Avg. need-based loan (excluding PLUS or other private loans) $1,276 $3,044
% need met (of those awarded need-based aid) 100% 100%</p>
<p>Non-need-based aid
Avg. merit award (% awarded aid) $7,052 (17%) $6,154 (18%)
Avg. athletic scholarship (% awarded aid) $26,088 (8%) $23,521 (10%)</p>
<p>We have had good financial aid for both our kids. With our daughter, the Rice aid as exactly our FAFSA EFC. With our son, it was closer to the IM method, but still good. :)</p>
<p>D elected to attend another fine school, but not for better aid package. Probably the best merit aid in the country for a top 20 school. D was offered $64K over 4 years merit. Of course this offsets need based aid as at all schools. Combined with the fact that Rice is about 30% cheaper than most schools in it's class, it's a great deal.</p>
<p>Are those numbers averages among the whole student population, or just those receiving aid?</p>
<p>okay, i have another question
my dad is the only one working in my house and he's only making 50k a year. My mom doesn't work and is currently sick/bed-ridden/ill. So we have alot of medical bills and debts, etc. Do you think Rice might consider me for financial aid?
thanks!</p>
<p>IMHO, Rice aid will vary greatly from person to person. </p>
<p>D's freshman year aid was need based, but they gradually switched it all to merit aid during the course of the year. This year she got all merit aid, but it's quite a bit less than last year although her GPA is above 4.0. </p>
<p>I, wrongly, assumed/hoped she would at least qualify for the merit aid amounts with which Rice replaced the need based aid last year.</p>
<p>Maysixxmom - I am not understanding your statement above. You say that Rice gradually switched your daughter's needbased aid to merit aid??? Is it possible that you are just seeming "named" needbased aid on her financial aid? That happened to my daughter. Although she does have a merit scholarship that was awarded by Rice, she also has needbased aid from them. The needbased grants were just listed as Rice grants when the aid was first awarded, but then became "named" scholarships, as Rice matched up donors with student's financial needs. For instance, one of her needbased grants is called the "Annie S Smith Scholarship", and one is called the " Keiller Family Scholarship" (names changed to protect the innocent!) They are NEEDBASED, not merit based - and the amount changes depending on our need each year. Her merit aid, like all merit aid that I know about offered by Rice, is offered to incoming students, and doesn't change based on need.<br>
Do you have less need this year, due to higher income, less expenses, or reduced number of kids at home or kids in college? That may account for the reduction in your daughter's aid.</p>