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National Application Center :: campus tours :: Rensselaer Polytechnic Institute costs & financial aid

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Rensselaer Polytechnic Institute

Rensselaer Polytechnic Institute
110 Eighth Street
Troy, NY 12180-3590

Official telephone: (518) 276-6000
Website: www.rpi.edu
Screen last updated on: December 2016

The financial aid information below is valid for the 2015 academic year.

FINANCIAL AID OFFICE
Financial aid officer: Larry Chambers,
Director of Financial Aid
Contacting the office: 518 276-6813
518 276-4797 (fax)
FAFSA number: 002803
CSS/PROFILE number: 2757

EXPENSES
Undergraduate tuition: $49,520; $49,520 out-of-state
Additional required fees: $1,277
Book fees: $2,817
Combined room and board expenses: $14,630

APPLYING FOR AID

Required form Priority date Rolling? Closing date
FAFSAFebruary 15noN/A
CSS/Financial Aid PROFILEFebruary 15noN/A

Date award notification begins: March 15
Applied for financial aid:
77% of first-year students
68% of full-time undergraduates
Determined to have financial need:
87% of first-year students
90% of full-time undergraduates
Students determined to have financial need who received any financial aid:
100% of first-year students
100% of full-time undergraduates
Students determined to have financial need who received any need-based gift aid:
100% of first-year students
100% of full-time undergraduates
Students receiving financial aid who received need-based self-help aid:
99% of first-year students
97% of full-time undergraduates
Students receiving financial aid who received any non-need-based gift aid:
21% of first-year students
14% of full-time undergraduates
Students receiving financial aid whose need was fully met (excluding PLUS loans and private alternative loans):
27% of first-year students
21% of full-time undergraduates
Average percent of need that was met of students who received any need-based aid (excluding PLUS loans and private alternative loans):
87% for first-year students
79% for full-time undergraduates
Average financial aid package (excluding PLUS loans and private alternative loans):
$40,809 for first-year students
$36,894 for full-time undergraduates
Average need-based gift award:
$35,340 for first-year students
$30,943 for full-time undergraduates
Average need-based self-help award (excluding PLUS loans and private alternative loans):
$5,491 for first-year students
$6,195 for full-time undergraduates
Average need-based loan (excluding PLUS loans and private alternative loans):
$4,695 for first-year students
$5,685 for full-time undergraduates
Students who had no financial aid need and who received non-need-based aid (excluding athletic awards and tuition benefits):
21% of first-year students
27% of full-time undergraduates
Average award to students who had no financial aid need and who received non-need-based aid (excluding athletic awards and tuition benefits):
$16,511 for first-year students
$17,156 for full-time undergraduates
Students who received a non-need-based athletic award:
1% of first-year students
1% of full-time undergraduates
Average non-need-based athletic award:
$60,564 for first-year students
$57,149 for full-time undergraduates
School participates in Federal Work-Study Program: yes
Percent of students who received aid that participated in Federal Work Study: 17%

TYPES OF AID AVAILABLE
Types of loans available:
  • Direct Subsidized Stafford Loans
  • Direct Unsubsidized Stafford Loans
  • Direct PLUS Loans
  • FFEL Subsidized Stafford Loans
  • FFEL Unsubsidized Stafford Loans
  • FFEL PLUS Loans
  • Federal Perkins Loans
  • State Loans
  • College/University Loans
Parent loans packaged to meet need: yes
Percent of undergraduates who have borrowed through all loan programs: 68%
Types of payment plans:
  • Academic Management Services (AMS)
Need-based scholarships/grants available:
  • need-based (general)
  • Federal Pell Grants
  • SEOG
  • state scholarships/grants
  • college/university scholarships/grants (institutional funds)
  • private scholarships/grants
  • Gates Millennium scholarship.
Non-need-based scholarships/grants available:
  • non-need-based (general)
  • academic merit scholarships/grants
  • special achievements/activities
  • special characteristics
  • athletic scholarships
  • ROTC scholarships
Percent of scholarship aid awarded to out-of-state students: 58%

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