Student Loans for Rensselaer Polytechnic Institute Students
About Rensselaer Polytechnic Institute (RPI)
Situated in Troy, NY, Rensselaer Polytechnic Institute (RPI) is known for offering some of the best technology based programs in the United States. It is also the oldest American Technological University. Offering various programs at undergraduate, graduate, and post-graduate levels, Rensselaer is mostly known for its first-class, world-renowned faculty. With its diverse and multi-ethnic American and international student body, the school has been home to one of the former presidents of the United States, famous architects, scientists, designers and the inventor of the digital camera.
About RPI Financial Aid
Studying at Rensselaer is going to cost! The tuition alone for the academic year of 2012-2013 is in excess of $43,000. Add other expenses like books, room, board and others and you are essentially looking at approximately $60,000. The good news, however, is that Rensselaer management is fully aware of the fact, therefore, Rensselaer Polytechnic Institute Financial Aid office is there to assist you with your finances.
There are two rules that every prospective student need to know; do not be discouraged by the high cost of education and turn in that application form in time and secondly, fill out the FAFSA form before the deadline; that can be done online at fafsa.ed.gov.
About RPI Aid Packages
Rensselaer Polytechnic Institute Financial Aid has a variety of options like work-study programs, loans, scholarships and grants. Most of the students will be automatically considered for merit-based awards at the time of the admission. Other need-based aid, in the form of federal and state funded grants and loans may require extra paperwork. One of the greatest things at Rensselaer is that if a student has qualified for two or more scholarships, he/she will be awarded the one with the highest dollar value.
Private Loans and RPI
Private loans are available albeit at a higher interest rate as compared to federal/state funded loans. These, however, are an attractive option when you are short of money. Use our student loan Comparison Tool to find the best private loan for yourself with agreeable terms and conditions. Apply directly for it and get the best education that money can buy at Rensselaer.
The RPI financial aid office has a number of scholarship and grant awards available for students. The awards available are the Rennselaer Grant, the Rennselaer Achievement, the Rennselaer Merit Scholarship Award, the Rennselaer Medal Scholarship, the Rennselaer Housing Scholarship, a Federal Pell Grant, a Federal Supplemental Educational Opportunity Grant, and the New York State Tuition Assistance Program. In addition to these, the RPI financial aid office also offers ROTC Scholarships in Air Force, Navy, Army, and Transfer Scholarships.
Can you tell me more about Rensselaer Polytechnic Institute’s financial aid?
Rensselaer Polytechnic Institute financial aid is geared toward making education a reality for every aspiring student, as they help to pay off tuition fees as well as other educational expenses. You may apply for loans, scholarships, grants, and work-study programs. Apart from just the program expenses, the college also assists in helping you manage other expenses such as accommodation, books, and transportation.
Pay for Rensselaer Polytechnic Institute*
|Total Avg. Cost||$54,035|
|Room & Board||$11,465|
|Financial Aid Information|
|Students Receiving Fin Aid||100%|
|Typical Grant Amounts|
|Avg. Other Stud. Loans||$9,510|
|%Receiving Other Loans||12%|
Get into Rensselaer Polytechnic Institute
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*Data source is the Integrated Postsecondary Education Data System (IPEDS) the data collection program for the National Center for Education Statistics
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