by our College Data Analytics TeamThe total cost of attendance at Rochester University can seem overwhelming, but remember that the majority of students receive some sort of financial assistance. This could be in the form of scholarships, grants, work-study, or loans.
Uncover the various financial aid options provided by RU and determine which ones you may be eligible for by continuing your exploration.
$15,298.00 is the typical Rochester University’s first year financial aid package. About 100% of first year students receive financial aid, most of which is in the form of grants and scholarships.
Financial aid contains loans, grants, and scholarships. But college loans need to be repaid, thus they are not a real college discount.
Concerned about the loans that may be included in your financial aid package? See the average amount of debt per student at Rochester 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 listed below make reference to help that is offered by Rochester University.
100% of new students (136 total) were given scholarships at Rochester University, averaging $12,832.00 per student. This puts it the top 25th percentile among colleges and universities nationwide.
As well as scholarships, 83% of freshmen (113 total) received a federal grant, for about $3,119.00 a person.
Amount of Financial Assistance Per Income Level
The next table shows grant and scholarship distributions by income for first-year students getting any form of federally-funded Title IV aid, including Federal PLUS loans.
| Income Level | Percent of Freshman | Average Assistance |
|---|---|---|
| Income 0-30k | 22.06% | $15,525.00 |
| Income 30k-48k | 16.18% | $16,337.00 |
| Income 48k-75k | 11.03% | $17,860.00 |
| Income 75k-110k | 10.29% | $18,867.00 |
| Income 110k + | 24.26% | $14,179.00 |
The table above shows undergrads who are getting Title IV aid, which is federal assistance from the government in the form of grants, loans, and work-study. Learn more here.
Of the 136 undergraduate students at Rochester University around 100% (136 total) receive some form of grant aid. The typical amount awarded was $15,298.00.
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.