Financial Aid at RPI

The average amount of financial aid is $35,552 where 86% of enrolled students have received grants or scholarship aid at Rensselaer Polytechnic Institute. The average amount of tuition & fees is $61,884 at Rensselaer Polytechnic Institute.
  • Average Financial Aid: $35,552
  • Undergraduate Tuition: $61,884

Explorer Rensselaer Polytechnic Institute

All Undergraduate Student Financial Aid

For academic year 2022-2023, total 4,803 students (86% of all undergraduate students) have received grants or scholarships and the average received amount is $35,552. Grant/scholarship aid includes federal, state, local, institutional or other sources of grant aid. Next table shows the financial aid statistics for all undergraduate students by aid types at Rensselaer Polytechnic Institute.
Financial Aid Statistics at Rensselaer Polytechnic Institute
Type of AidNumber Receiving AidPercent Receiving AidAverage Amount of Aid Received
Federal, state, local, institutional or other grant aid4,80386%$35,552
Pell Grants1,02818%$5,199
Federal Student Loans2,69148%$6,205

Beginning Student Financial Aid

For first time, full time beginning students (freshmen), total 1,189 students (90% of all freshmen) have received any type of financial aid and 1,189 students (90% of all freshmen) awarded any student loans. The headcount includes the number of full-time, first-time degree seeking beginning undergraduate students. The average amount of grant/scholarship aid is $38,636 and the average amount of student loan aid is $10,092. Next table shows the headcount and average received amount of financial aid by source of the aid at Rensselaer Polytechnic Institute.
Beginning Students Financial Aid Statistics at Rensselaer Polytechnic Institute
Type of AidNumber Receiving AidPercent Receiving AidAverage Amount of Aid Received
Any Student Financial Aid1,18990%-
Grants or Scholarship from All Sources1,18990%$38,636
Federal Grants22617%$6,735
Pell Grants22617%$5,139
Other Federal Grants16813%$2,146
State/Local Grants18514%$2,905
Institutional Grants1,18990%$36,904
Student Loans75357%$10,092
Federal Student Loans74556%$5,211
Other Student Loans15712%$23,676

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All data used in our site is from IPEDS (The Integrated Postsecondary Education Data System), U.S. Department of Education, academic year 2022-2023