by our College Data Analytics TeamA lot of students are not billed the full sticker price of a school. Rather, they are offered a financial aid plan that includes a mix of loans, grants, scholarships, and possibly work-study opportunities. The sum total of attendance at University of Rhode Island can sound overpowering, but remember that the majority of students get some type of financial assistance.
What financial aid options can URI offer you, and what will you qualify for? Keep reading for more information. Keep going to discover how much school funding could be available to you.
Eligibility for aid and scholarships is driven mostly by your household’s income and need. Use the information below to understand how much financial assistance you may get from University of Rhode Island.
Colleges use loans, grants, scholarships and work-study to minimize what students actually pay out of pocket. Some kinds of aid are clearly preferable to others, and outcomes differ across students.
Looking at the entering class at University of Rhode Island, 98% of first-year full-time students received aid of some kind roughly 3187 freshmen).
| Type of Aid | % of Freshmen Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 96% | $12,578 |
| Institutional grants & scholarships | 96% | $10,865 |
| Federal Pell grants | 24% | $5,836 |
| State/local grants | 22% | $1,178 |
| Federal student loans | 61% | $5,240 |
Gift aid — grants and scholarships — beats loans every time because none of it has to be repaid. Here, approximately 83% of undergraduates were awarded grant or scholarship aid averaging $12,845 (covering around 12162 undergraduates).
| Award | % of Undergrads Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 83% | $12,845 |
| Federal Pell grants | 22% | $5,679 |
| Federal student loans | 49% | $6,216 |
For on-campus title-IV students, average grant aid came to $12,881.
Need-based aid means lower-income families typically pay far less than the sticker price suggests.
| Family Income | Average Net Price |
|---|---|
| $0 – $48,000 | $12,669 |
| $30,001 – $75,000 | $14,500 |
| Over $75,000 | $25,707 |
Each figure is the net price after grants and scholarships, not the published sticker price.
The net price represents the average annual cost a title-IV-receiving student pays after grant aid is subtracted from the full cost of attendance.
| Cohort | Average Net Price |
|---|---|
| On-campus title-IV students | $21,440 |
| Off-campus title-IV students | $19,899 |
For an estimate tailored to your family circumstances, see URI’s official net price calculator: web.uri.edu/ir/netprice-2/.
Graduating students at URI carry a median federal student debt of $17,750 of federal borrowing.
| Metric | Amount |
|---|---|
| Median federal debt (all student-aid borrowers) | $17,750 |
| Median federal debt (graduates only) | $22,250 |
| Typical 10-year monthly payment (graduates) | $235.89/mo |
At a typical 10-year repayment schedule, the median graduate would pay about the monthly figure above.
Looking only at the median can be misleading because it hides the spread. These percentiles trace how cumulative federal debt is spread among borrowers at URI.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $5,000 |
| 25th percentile | $7,909 |
| 75th percentile | $27,000 |
| 90th percentile (highest-debt students) | $31,000 |
The figures below break down median federal debt by income tier, first-generation status, and dependency.
Median Debt by Income Bracket
| Income tier | Median federal debt |
|---|---|
| Low income | $15,493 |
| Middle income | $17,500 |
| High income | $19,069 |
First-Generation Comparison
| Cohort | Median federal debt |
|---|---|
| First-generation students | $17,500 |
| Continuing-generation students | $18,185 |
By Dependency Status
| Cohort | Median federal debt |
|---|---|
| Dependent students | $18,250 |
| Independent students | $14,750 |
The figure below distills the debt data into a single burden category for URI.
Most undergraduate borrowing runs through the federal Stafford loan program. The totals below capture Stafford lending at URI:
| Metric | Value |
|---|---|
| Stafford loan recipients | 46055 |
| Total Stafford loan amount | $824,176,278 |
Veterans and active-duty service members may qualify for the Post-9/11 GI Bill or DoD Tuition Assistance.
Post-9/11 GI Bill activity
| Metric | Value |
|---|---|
| GI Bill recipients | 157 |
| Total GI Bill amount | $1,858,151 |
| Average GI Bill amount per recipient | $11,835 |
DoD Tuition Assistance activity
| Metric | Value |
|---|---|
| DoD Tuition Assistance recipients | 4 |
| Total DoD amount | $4,500 |
| Average DoD amount per recipient | $1,125 |
References
More about our data sources and methodologies.