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National Application Center :: campus tours :: Rochester Institute of Technology costs & financial aid

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Rochester Institute of Technology

Rochester Institute of Technology
One Lomb Memorial Drive
Rochester, NY 14623

Official telephone: (585) 475-2411
Fax number: (585) 475-7424
Website: https://www.rit.edu/
Screen last updated on: December 2024

The financial aid information below is valid for the 2024 academic year.

FINANCIAL AID OFFICE
Financial aid homepage: https://www.rit.edu/
admissions/financial-aid/
determining-your-financial-need

EXPENSES
Undergraduate tuition: $58,324; $58,324 out-of-state
Book fees: $1,100
Miscellaneous expenses: $1,000
Other expenses: Estimated expense of transportation for residents.
Combined room and board expenses: $16,142

APPLYING FOR AID

Required form Priority date Rolling? Closing date
FAFSAJanuary 15noN/A
State Aid FormN/AnoN/A

Date award notification begins: March 1
Applied for financial aid:
92% of first-year students
83% of full-time undergraduates
Determined to have financial need:
85% of first-year students
87% of full-time undergraduates
Students determined to have financial need who received any financial aid:
100% of first-year students
100% of full-time undergraduates
Students receiving financial aid who received need-based self-help aid:
87% of first-year students
87% of full-time undergraduates
Students receiving financial aid who received any non-need-based gift aid:
14% of first-year students
13% of full-time undergraduates
Students receiving financial aid whose need was fully met (excluding PLUS loans and private alternative loans):
19% of first-year students
18% of full-time undergraduates
Average percent of need that was met of students who received any need-based aid (excluding PLUS loans and private alternative loans):
91% for first-year students
86% for full-time undergraduates
Average financial aid package (excluding PLUS loans and private alternative loans):
$57,657 for first-year students
$53,701 for full-time undergraduates
Average need-based gift award:
$41,332 for first-year students
$36,902 for full-time undergraduates
Average need-based self-help award (excluding PLUS loans and private alternative loans):
$5,829 for first-year students
$6,889 for full-time undergraduates
Average need-based loan (excluding PLUS loans and private alternative loans):
$3,424 for first-year students
$4,479 for full-time undergraduates
Students who had no financial aid need and who received non-need-based aid (excluding athletic awards and tuition benefits):
21% of first-year students
25% of full-time undergraduates
Average award to students who had no financial aid need and who received non-need-based aid (excluding athletic awards and tuition benefits):
$19,777 for first-year students
$17,057 for full-time undergraduates
School participates in Federal Work-Study Program: yes

TYPES OF AID AVAILABLE
Types of loans available:
  • Direct Subsidized Stafford Loans
  • Direct Unsubsidized Stafford Loans
  • Direct PLUS Loans
Need-based scholarships/grants available:
  • need-based (general)
  • Federal Pell Grants
  • SEOG
  • state scholarships/grants
  • college/university scholarships/grants (institutional funds)
  • private scholarships/grants
  • NSF Grants
Non-need-based scholarships/grants available:
  • non-need-based (general)
  • state scholarships/grants
  • athletic scholarships

Data is copyrighted material under license to Peterson's, LLC. Material may contain updates provided solely by the institution to which the updated Data relates. These updates are not independently validated, and no party associated with this website can accept responsibility for their accuracy. Copyright © 2021 by Peterson's, LLC. All rights reserved.