Was your NPC accurate?

txstella
Tue, 22 Sep 2015 16:50:31 +0000

I attended an info session at Rice where the admissions person clearly stressed that the NPC is accurate.

What you are seeing in the numbers is that Rice is very generous to families with an income under a certain point (I don’t know what that level is). For people earning in the $120,000+ range, I think the EFC soars quickly.

Looking at the Common Data Set, you will see that 62 freshman (out of about 950 freshman) were awarded non-need based aid and that the average award was just under $23,000. These are the scholarships.

http://oir.rice.edu/uploadedFiles/Office_of_Institutional_Research/Content/Common_Data_Set/4.%20CDS_2014-2015_Website.pdf

But this number is also important. Only 377 freshman (out of about 950 freshman) were determined to have NEED.

If you add the students who received financial aid to the students who received merit aid, there were 439 students who received money.

56 freshman students were awarded an athletic scholarship.

594 students received money/356 were full pay.

Rice’s tuition is a little lower in price than Duke and Vanderbilt. So Rice does cost a bit less, but the price difference is fairly insignificant if you are full pay.