What is loan in term of FA package?

<p>Hello,
I'm very interested in applying to Rice but I have some questions about the Financial Aid package. Rice says it will provide for those whose income is below $ 80000 100% without loan. What does it mean? How much do we have to pay, if my family make less than 80000 a year? What does loan have anything to do here?</p>

<p>it means you won’t be indebted when you leave college.</p>

<p>i also wonder how much they’ll actually make you pay. hm</p>