by our College Data Analytics TeamA lot of students will not be asked to pay the advertised price of a school. Instead, they will be provided a financial aid package that will include a combination of scholarships, grants, loans, and work-study. The sum total of attendance at Rose-Hulman Institute of Technology can sound overwhelming, but bear in mind that many students get some type of financial aid.
What financing options does Rose - Hulman Institute of Technology offer you, and what will you qualify for? Keep scrolling for more information. Scroll down to find out how much school funding will be available to you.
Your financial aid package, which may contain grants and scholarships, will be determined on your financial need. Continue reading to find information to help you understand just how much assistance you can expect to receive from Rose-Hulman Institute of Technology.
Aid such as grants, loans, work-study, and scholarships helps colleges decrease the real cost of attendance for most students. Some kinds of aid are clearly preferable to others, and outcomes differ across students.
For freshmen starting at Rose-Hulman Institute of Technology, 100% of first-time, full-time freshmen received some form of financial aid roughly 551 freshmen).
| Type of Aid | % of Freshmen Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 100% | $32,484 |
| Institutional grants & scholarships | 100% | $30,964 |
| Federal Pell grants | 13% | $4,829 |
| State/local grants | 9% | $9,048 |
| Federal student loans | 46% | $5,254 |
Gift aid — grants and scholarships — beats loans every time because none of it has to be repaid. At this school, around 99% of the undergraduate population received grant aid that averaged $31,176 (across roughly 2204 students).
| Award | % of Undergrads Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 99% | $31,176 |
| Federal Pell grants | 12% | $5,162 |
| Federal student loans | 41% | $6,364 |
Among title-IV aid recipients living on campus, grant and scholarship aid averaged $35,377.
Need-based aid means lower-income families typically pay far less than the sticker price suggests.
| Family Income | Average Net Price |
|---|---|
| $0 – $48,000 | $33,237 |
| $30,001 – $75,000 | $33,898 |
| Over $75,000 | $43,435 |
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 | $42,513 |
| Off-campus title-IV students | $40,665 |
For an estimate tailored to your family circumstances, see Rose - Hulman Institute of Technology’s net price tool: bannerssb.rose-hulman.edu/BanSS/RHIT_NPCALC.P_StudentInfo.
A typical borrower at Rose - Hulman Institute of Technology leaves with $21,751 of federal borrowing.
| Metric | Amount |
|---|---|
| Median federal debt (all student-aid borrowers) | $21,751 |
| Median federal debt (graduates only) | $25,000 |
| Typical 10-year monthly payment (graduates) | $265.04/mo |
At a typical 10-year repayment schedule, the median graduate would pay about the monthly figure above.
The numbers below show the full range, not just the middle of the distribution. The figures below chart the debt distribution at Rose - Hulman Institute of Technology.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $5,500 |
| 25th percentile | $15,553 |
| 75th percentile | $31,000 |
| 90th percentile (highest-debt students) | $38,375 |
Outcomes differ by income bracket, by first-generation status, and by whether a student is financially dependent.
Debt by Income Tier
| Income tier | Median federal debt |
|---|---|
| Low income | $23,000 |
| Middle income | $24,500 |
| High income | $20,500 |
First-Gen vs Continuing-Gen Median Debt
| Cohort | Median federal debt |
|---|---|
| First-generation students | $22,014 |
| Continuing-generation students | $21,000 |
These indicators are derived from the underlying debt data and summarize the overall picture at Rose - Hulman Institute of Technology.
Stafford loans make up the bulk of federal direct lending to undergraduates. The aggregate figures below show how active the program is at Rose - Hulman Institute of Technology:
| Metric | Value |
|---|---|
| Stafford loan recipients | 3991 |
| Total Stafford loan amount | $57,386,369 |
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 | 26 |
| Total GI Bill amount | $572,122 |
| Average GI Bill amount per recipient | $22,005 |
References
More about our data sources and methodologies.