What's in an Average Financial Aid Package at RIT
Rochester Institute of Technology's normal financial aid package for newly arriving first years is $32,933. Around 95.0% of incoming students receive financial help, the majority of which is in the form of scholarships and grants.
Loans technically come under the umbrella of 'financial aid', even so the only true discount off of the expense of college is a scholarship or grant that you do not have to pay back.
A loan isn't a legitimate college price reduction, but rather an outcome to consider. See how much student loan debt from RIT you may end up dealing with.
How Much RIT Aid Will I Get That I Don't Have to Pay Back?
The below numbers apply to grants and scholarships mainly offered by the school itself.
94.0% of first year students (2,664 total) were offered scholarships at Rochester Institute of Technology, averaging $20,437 a piece. This ranks in the top 20th percentile of all colleges in the country.
854 freshman students got federal grant aid. About 30.0% of RIT freshmen obtained grants around $5,278 a piece.
Check out the average level of grants and scholarships freshmen receive by studying the chart below.
Scholarships are given due to special ability or merit, while grants are awarded due to financial need.
Amount of Financial Assistance By Income Level
The chart below displays scholarship and grant distributions by income for freshmen getting any type of federally-funded Title IV aid, which includes Federal PLUS loans.
|Income Level||Percent of Freshman||Average Assistance|
|Income 110k +||26.5%||$16,581|
The graph above displays students who are getting Title IV aid which is federal assistance from the government in the form of grants, loans, and work-study. Learn more.
$20,774 is the Standard Total an Undergrad Will Get in Scholarships or Grants
87.0% of the 13,513 undergraduates at Rochester Institute of Technology qualify for some sort of grant aid. A total of approximately 11,760 students receiving an average of $20,774 each.
Rochester Institute of Technology Financial Aid Links
|Financial Aid Department Website||www.rit.edu/admissions/aid|
|Net Price Calculator||https://npc.collegeboard.org/app/rit|
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