by our College Data Analytics TeamMost students will not be asked to pay the complete price tag of a school. Rather, they are presented a financial aid deal that includes a mix of loans, grants, scholarships, and possibly work-study opportunities. The total price of attendance at Refrigeration School Inc can feel overwhelming, but bear in mind that many students receive some sort of financial aid.
What financial assistance options will RSI offer you, and what will you qualify for? Read on for more information. Scroll down to learn how much school funding will be available to you.
Eligibility for aid and scholarships is driven mostly by your household’s income and need. The information provided on this page can help you determine how much aid you may receive from Refrigeration School Inc.
Colleges use loans, grants, scholarships and work-study to minimize what students actually pay out of pocket. Note that some aid is more valuable than the rest, and individual awards are far from uniform.
For incoming first-year students at Refrigeration School Inc, 90% of first-year full-time students received aid of some kind (about 938 incoming students).
| Type of Aid | % of Freshmen Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 82% | $7,894 |
| Institutional grants & scholarships | 56% | $2,094 |
| Federal Pell grants | 72% | $6,138 |
| State/local grants | 6% | $13,242 |
| Federal student loans | 78% | $7,655 |
Gift aid — grants and scholarships — beats loans every time because none of it has to be repaid. At RSI, approximately 77% of undergrads got grants or scholarships worth on average $6,961 (covering around 1707 undergraduates).
| Award | % of Undergrads Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 77% | $6,961 |
| Federal Pell grants | 62% | $5,532 |
| Federal student loans | 69% | $6,652 |
On-campus students receiving title-IV aid were awarded grants averaging $7,593.
The figures below show the average net price — cost after all grant and scholarship aid — broken out by family income.
| Family Income | Average Net Price |
|---|---|
| $0 – $48,000 | $24,469 |
| $30,001 – $75,000 | $25,303 |
| Over $75,000 | $29,183 |
Each amount is the average cost remaining once grant aid is subtracted, by income band.
Net price is the average annual cost after grants and scholarships are subtracted from the published cost of attendance — the figure closest to what a typical aid-receiving student actually pays.
| Cohort | Average Net Price |
|---|---|
| On-campus title-IV students | $27,025 |
| Off-campus title-IV students | $25,300 |
For a customized cost estimate, visit RSI’s official net price calculator: www.rsi.edu/tuition-planning/tuition-calculator/.
The median student at RSI graduates with $7,917 in federal student debt.
| Metric | Amount |
|---|---|
| Median federal debt (all student-aid borrowers) | $7,917 |
| Median federal debt (graduates only) | $8,233 |
| Typical 10-year monthly payment (graduates) | $87.28/mo |
At a typical 10-year repayment schedule, the median graduate would pay about the monthly figure above.
The median alone does not show how widely outcomes vary across the student body. The four reference points below map the debt distribution at RSI.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $3,500 |
| 25th percentile | $5,528 |
| 75th percentile | $13,599 |
| 90th percentile (highest-debt students) | $15,311 |
Median debt varies by family income, by first-generation status, and by dependency status.
By Family Income
| Income tier | Median federal debt |
|---|---|
| Low income | $7,917 |
| Middle income | $7,917 |
| High income | $7,072 |
First-Gen vs Continuing-Gen Median Debt
| Cohort | Median federal debt |
|---|---|
| First-generation students | $7,917 |
| Continuing-generation students | $7,917 |
By Dependency Status
| Cohort | Median federal debt |
|---|---|
| Dependent students | $6,122 |
| Independent students | $8,233 |
A handful of calculated indicators summarize the debt outlook at RSI.
Stafford loans are the federal government’s primary direct undergraduate lending program. These figures summarize annual Stafford program activity at RSI:
| Metric | Value |
|---|---|
| Stafford loan recipients | 7677 |
| Total Stafford loan amount | $74,721,139 |
GI Bill and DoD Tuition Assistance are the two federal aid programs targeted at military-affiliated students.
Post-9/11 GI Bill recipients
| Metric | Value |
|---|---|
| GI Bill recipients | 244 |
| Total GI Bill amount | $3,899,705 |
| Average GI Bill amount per recipient | $15,982 |
References
More about our data sources and methodologies.