The sum of the Athletic Scholarship plus the loan cannot exceed the cost of attendance. Pell Grants may also be awarded following NCAA guidelines. Students will be mailed a Financial Aid Award Letter or a notification of non-qualification for assistance. A student may accept all or any part of the financial aid award without affecting any other part of the award. Students who do not have medical insurance and must purchase Rice University medical insurance may have the student budget increased by the amount of the premium.
Documentation is required.
Rice University makes these standards applicable to all institutionally awarded funds, Federal Pell Grants, Federal SEOG, Federal Perkins, Federal Direct Student Loans, and Parent Loans for Undergraduate Students, as well as Texas Grants, for the purpose of maintaining a consistent policy for all students receiving assistance. To satisfy satisfactory progress requirements a student must maintain a minimum GPA each semester, complete a required number of hours each year, and complete the degree requirements within a determined number of semesters. Students denied financial aid because of insufficient semester hours regain eligibility only when they complete enough credits, including incomplete courses, to make up the shortage. Termination of Aid and Appeal. At the end of the fall semester, the notice is sent to the student's college.