Your Education explains the assistance programs in detail. Copies are available from the Office of Admission or the Office of Financial Aid. The university also publishes budgets that realistically summarize student expenses, including living costs at home and on or off campus, personal expenses, and travel. Priority date is March 1. Rice considers applicants for all appropriate assistance administered by the university, including grants, scholarships, loans, and work.
Students receive notification of awards once their financial aid file is complete.
Early-decision candidates are mailed a Rice University Financial Aid Application in October. Financial aid awards are made annually. Payment terms are specified in the award letter. Because financial circumstances change from year to year, Rice conducts an annual review of need and awards to make corresponding adjustments. The university, from time to time, may adjust its methods of computing financial need or its policies regarding the types of financial assistance that it offers so as to meet the financial needs of the largest possible number of students.