Undergraduate Financial Aid by Type

The average amount of grants of scholarship aid is $11,901 and the average loan amount is $6,147. The average financial aid amount is 85.99% of tuition & fees (tuition & fees: $13,840).
Number Receiving AidPercent Receiving AidTotal Amount of Aid ReceivedAverage Amount of Aid Received
Grant or scholarship aid483 95%$5,748,402$11,901
Pell Grants350 69%$2,013,757$5,754
Federal Students Loans323 63%$1,985,474$6,147

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), 133 students have received one or more types of financial aid at Rust College.
The average amount of federal, state, local or institutional grant aid is $12,238 and the average amount of student loans awarded to full-time first-time undergraduate students is $5,717.
The following table shows the financial data by type of aid at Rust College.

First-time Undergraduate Financial Aid by Type

Number Receiving AidPercent Receiving AidTotal Amount of Aid ReceivedAverage Amount of Aid Received
Any Financial Aid13397%--
Grant or scholarship aid133 97%$1,627,711$12,238
Federal Grants133 97%$1,081,560$8,132
Pell Grants105 77%$618,814$5,893
Other Federal Grants133 97%$462,746$3,479
State/Local Grants4 3%$5,000$1,250
Institutional Grants92 67%$541,151$5,882
Student Loans83 61%$474,533$5,717
Federal Student Loans82 60%$453,123$5,526
Other Student Loans3 2%$21,410$7,137