“Full tuition scholarships and grants will be offered to students from middle-income families under a new financial aid plan titled The Rice Investment. Under The Rice Investment program, full tuition scholarships will be awarded to degree-seeking undergraduates with family incomes between $65,000 and $130,000 who are eligible to receive need-based financial aid. In addition, students with family incomes between $130,000 and $200,000 will receive scholarships covering at least half of their tuition. Support for students from low-income families will also be significantly enhanced under the program, and 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.”
Just FYI, room, board and any stipends are counted as taxable income.
Please continue discussion on the thread here:
http://talk.qa.collegeconfidential.com/financial-aid-scholarships/2100606-rice-university-greatly-expands-need-based-aid-loans-replaced-by-grants-scholarships-fall-2019.html#latest