<p>Tuition and fees for freshmen will rise 12% this year to a total of $23,746.
According to Ann Wright (VP for enrollment), the total student budget (including room & board) will be around 32,000, compared to around 42,000 at Rice's peer institutions.</p>
<p>Students with family incomes of less that 30,000 will no longer have loans in their fin aid packages (grants instead). Rice will continue to meet 100% of demonstrated need.</p>
<p>Thanks for the info jenskate!</p>
<p>What does "100% demonstrated need" mean exactly? So is financial aid all grants now?</p>
<p>That could be the reason why scholarships have increased their $ (Trustee up to 12k, Century to 6k) this year.</p>
<p>have any acceptees received their financial aid package yet?</p>
<p>Look at Death_Hammer's thread, he said he got his fin aid package.</p>
<p>
[quote]
What does "100% demonstrated need" mean exactly? So is financial aid all grants now?
[/quote]
</p>
<p>NO. Not unless your income is under $30,000.
Meeting your demonstrated need means that when you get your bill, you will be expected to pay no more than your EFC. The remainder is divided up between scholarships, grants, work study, and loans.</p>
<p>jenskate1, I'll have to disagree. My EFC was 0 on the FAFSA form but Rice is making me pay a little over 2k. Man, I am ****ed!</p>
<p>they expect you to work during the summer, which isnt outlandish, every school does that. making 2k during the summer is NOT very difficult. if you work full time you can make closer to 4k</p>
<p>They don't just use the fafsa - they use the CSS profile as well, which comes up with a different number. And if you have questions about it, you should call and have them explain it to you, rather than complain about it here.
Plus, I agree with bsbllallstr8- it's really not impossible to work during the summer.</p>
<p>here is the link for more complete info:
<a href="http://www.media.rice.edu/media/NewsBot.asp?MODE=VIEW&ID=7098&SnID=183149727%5B/url%5D">http://www.media.rice.edu/media/NewsBot.asp?MODE=VIEW&ID=7098&SnID=183149727</a></p>
<p>Wow, all colleges seem to be increasing their tuition. By the time I'm a senior, college will be so expensive that even if I do get into a school like Rice or Harvard, I won't be able to pay for it. Well, there is always UMass.</p>
<p>well merit scholarship amounts will go up too. as for harvard and non-scholarship giving univerisities, apply to as many "outside" scholarships as possible. also, harvard has that new financial thing where if your family makes less than 40000 then you pay nothing and if its less than 60000 then they pay half, or something to that effect.</p>