Financial Aid at RHIT
Financial Aid Amount Received
$28,108 (49.60% of tuition)
Percent of Financial Aid Received
98% of 2,169 students
2,039 undergraduate students (98% of all students) have received grants, scholarships, and/or federal student loans at Rose-Hulman Institute of Technology. The percentage of students who received financial aid much higher compared to Private (not-for-profit), 4-Years Colleges in Indiana.
Undergraduate Financial Aid by Type
The average amount of grants of scholarship aid is $28,108 and the average loan amount is $6,237. The average financial aid amount is 49.60% of tuition & fees (tuition & fees: $56,674).
| Number Receiving Aid | Percent Receiving Aid | Total Amount of Aid Received | Average Amount of Aid Received | |
|---|---|---|---|---|
| Grant or scholarship aid | 2,039 | 98% | $57,311,586 | $28,108 |
| Pell Grants | 255 | 12% | $1,241,333 | $4,868 |
| Federal Students Loans | 870 | 42% | $5,426,341 | $6,237 |
Undergraduate Student Financial Aid Comparison Chart
First-time (full-time) Undergraduate Students Financial Aid
For the full-time, first-time undergraduate students (freshmen, in most cases), 635 students have received one or more types of financial aid at Rose-Hulman Institute of Technology.
The average amount of federal, state, local or institutional grant aid is $30,973 and the average amount of student loans awarded to full-time first-time undergraduate students is $12,038.
The following table shows the financial data by type of aid at Rose-Hulman Institute of Technology.
First-time Undergraduate Financial Aid by Type
| Number Receiving Aid | Percent Receiving Aid | Total Amount of Aid Received | Average Amount of Aid Received | |
|---|---|---|---|---|
| Any Financial Aid | 636 | 100% | - | - |
| Grant or scholarship aid | 635 | 100% | $19,668,044 | $30,973 |
| Federal Grants | 76 | 12% | $432,780 | $5,694 |
| Pell Grants | 74 | 12% | $373,780 | $5,051 |
| Other Federal Grants | 59 | 9% | $59,000 | $1,000 |
| State/Local Grants | 37 | 6% | $237,330 | $6,414 |
| Institutional Grants | 635 | 100% | $18,997,934 | $29,918 |
| Student Loans | 301 | 47% | $3,623,490 | $12,038 |
| Federal Student Loans | 298 | 47% | $1,605,663 | $5,388 |
| Other Student Loans | 77 | 12% | $2,017,827 | $26,206 |