Student Loans for Rose Hulman Students
About Rose Hulman
Rose Hulman Institute of Technology is a small 4-year private college offering courses in engineering and science. Located in Terre Haute, Indiana, the college is best known for its undergraduate and graduate engineering degrees. Rose Hulman is home to more than 2000 students, most of which are enrolled in the institute’s engineering programs.
Rose Hulman Financial Aid
Rose Hulman has a well-rounded financial aid program and more than 88 percent of freshmen who apply for assistance receive some kind of aid. The average financial aid package for first-year students currently stands at over $28,000. More than 70 percent of all aid is in the form of scholarships and grants, while the rest is made up through loans and work-study programs.
In order to apply for Rose Hulman financial aid, students are required to fill out the Free Application for Federal Student Aid, or FAFSA. The FAFSA can be completed and submitted online at fafsa.ed.gov.
Students at Rose Hulman are awarded several institutional scholarships based on academic ability. The college also awards education grants based on financial need. These include Federal Pell Grants and Supplemental Educational Opportunity Grants (SEOG), in addition to state-sponsored and institutional awards.
Rose Hulman financial aid also includes federal student loans. These loans can be borrowed at low rates of interest and come with favorable repayment terms. Students at Rose Hulman can obtain Federal Stafford Loans, Perkins Loans and PLUS Loans. Additionally, the institute offers student employment opportunities under the Federal Work-Study Program.
Private Student Loans
In many cases, institutional and federal aid packages may not be sufficient to cover all of your education-related expenses. This is where private student loans come in. Private student loans are processed almost instantly and have flexible borrowing limits. However, there are many private lenders to choose from, so use our free Student Loan Comparison Tool to view key information about the private loans on offer. You can view monthly payments, interest rates, APRs, repayment conditions and other terms. This will make it much easier for you to make a decision and pick the private student loan that best suits your specific financial needs.
Pay for Rose-Hulman Institute of Technology*
|Total Avg. Cost||$51,427|
|Room & Board||$9,957|
|Financial Aid Information|
|Students Receiving Fin Aid||99%|
|Typical Grant Amounts|
|Avg. Other Stud. Loans||$9,560|
|%Receiving Other Loans||11%|
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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