Undergraduate Financial Aid by Type

The average amount of grants of scholarship aid is $39,546 and the average loan amount is $6,046. The average financial aid amount is 63.90% of tuition & fees (tuition & fees: $61,884).
Number Receiving AidPercent Receiving AidTotal Amount of Aid ReceivedAverage Amount of Aid Received
Grant or scholarship aid5,225 89%$206,625,533$39,546
Pell Grants1,101 19%$6,031,372$5,478
Federal Students Loans2,954 50%$17,858,745$6,046

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), 1,921 students have received one or more types of financial aid at Rensselaer Polytechnic Institute.
The average amount of federal, state, local or institutional grant aid is $43,994 and the average amount of student loans awarded to full-time first-time undergraduate students is $8,839.
The following table shows the financial data by type of aid at Rensselaer Polytechnic Institute.

First-time Undergraduate Financial Aid by Type

Number Receiving AidPercent Receiving AidTotal Amount of Aid ReceivedAverage Amount of Aid Received
Any Financial Aid1,92196%--
Grant or scholarship aid1,921 96%$84,512,395$43,994
Federal Grants387 19%$2,883,422$7,451
Pell Grants386 19%$2,091,928$5,420
Other Federal Grants370 18%$791,494$2,139
State/Local Grants355 18%$1,089,044$3,068
Institutional Grants1,921 96%$80,539,929$41,926
Student Loans1,160 58%$10,253,655$8,839
Federal Student Loans1,149 57%$5,944,499$5,174
Other Student Loans179 9%$4,309,156$24,073