About $850,000 in financial assistance is awarded to students each year based on need. Rice uses a third party, Smart Tuition Management System, to evaluate eligibility in order to administer financial assistance objectively and with consistency. Many factors are considered when evaluating financial need including income, size of family, assets/liabilities, and living expenses. Applicants are notified by mid-April of the award decision.
Students enrolling for the 2024-25 academic year and requesting tuition assistance must submit a completed application to Smart Tuition Management System with a $45 application fee. Applications will be open on November 10, 2023.
Commonly asked questions about the financial assistance application process can be directed to: [email protected]
Rice is committed to providing this support to families like yours, but depend on several funding sources to make it happen.