by our College Data Analytics TeamThe majority of college students don’t pay the full price for their education, as financial aid packages, including scholarships, grants, loans, and work-study opportunities, help to offset the costs.
What financial aid options does Rider offer, and what will you qualify for? Keep scrolling for answers.
$32,355.00 is the typical Rider University’s first year financial aid package. 100% of first-year students are awarded financial aid, primarily comprising grants and scholarships.
A financial aid package includes loans, grants, and scholarships. However, student loans have to be paid back, so they aren’t a true discount.
Concerned about the loans that may be included in your financial aid package? See the average amount of debt per student at Rider University.
Institutional scholarships and grants refer to financial aid provided directly by a college or university to support students in covering their educational expenses. These awards can be either merit-based or need-based and do not require repayment. Merit-based institutional scholarships reward students who have demonstrated exceptional academic achievements, talents, or skills in specific areas. Such scholarships often take into account a student’s high school performance, standardized test scores, or extracurricular activities. On the other hand, need-based institutional grants are allocated to students who exhibit financial need. The amount awarded is usually determined by the student’s family’s financial circumstances and aims to cover the difference between the cost of attendance and the family’s capacity to pay. To assess eligibility for need-based grants, colleges and universities may use information from the Free Application for Federal Student Aid (FAFSA) or other financial aid forms. Institutional scholarships and grants play a crucial role in assisting students, as they can considerably lower the cost of college and make higher education more attainable.
The numbers below apply to scholarships and grants primarily provided by Rider University.
100% of incoming freshmen (864 total) were given scholarships at Rider University, averaging $26,570.00 per student. This puts it the top 25th percentile among colleges and universities nationwide.
In addition to scholarships, 69% of freshman students (595 total) obtained federal grant aid, averaging $3,589.00 a piece.
Amount of Financial Assistance Per Income Level
Amount of Financial Assistance Per Income Level
| Income Level | Percent of Freshman | Average Assistance |
|---|---|---|
| Income 0-30k | 17.17% | $40,472.00 |
| Income 30k-48k | 10.37% | $39,355.00 |
| Income 48k-75k | 10.94% | $35,829.00 |
| Income 75k-110k | 14.29% | $31,817.00 |
| Income 110k + | 24.77% | $27,102.00 |
The table above shows students who are receiving Title IV aid, which is federal assistance from the government in the form of grants, loans, and work-study. Learn more.
Of the 868 undergraduate students at Rider University around 100% (864 total) receive some form of grant aid. The typical amount awarded was $32,355.00.
Check out the Tuition and Fees page or the Cost Per Credit Hour page to find out more.
References
More about our data sources and methodologies.