Rice considers “typical assets” when awarding financial aid under the Rice Investment. The large amount of your parents’ savings and the owned rental property probably worked against you. Contact the financial aid office and ask them to explain how they arrived at your financial aid figure. Then you will have the information you need to decide whether to appeal. Typically schools expect parents to use their savings to pay for their kids’ college. If Rice doesn’t increase your aid, you have a great option with your full ride at another school. Search the Class of 2023 threads for some admitted students’ discussion of the same issue. For example, this thread has some discussion of disappointments with financial aid at page 18 and following. http://talk.collegeconfidential.com/rice-university/2109973-rice-university-class-of-2023-rd-thread-p18.html