Rice University is celebrating over five years of providing access to higher education through the Rice Investment, a financial aid program introduced during the 2019-20 academic year.
Spencer Solves It: Single father who lost his wife to drug overdose gets ‘Christmas Miracle’Houston residents report increased Drone sightings: A new normalGet ready for Insider Deals that offer great savings on gift ideas, home essentials and hair care products.Always cold? This self-heating unisex vest can change thatis celebrating over five years of providing access to higher education through the Rice Investment, a financial aid program introduced during the 2019-20 academic year.
This program covers the cost of attendance, including tuition, living expenses, and fees for low-income students, provides tuition assistance to middle-class students, and offers half-tuition assistance to upper-income students.Since the program’s inception, the university has awarded over $651 million in grant aid to students. For the 2023-2024 academic year alone, $152 million has been allocated, reinforcing Rice’s commitment to making education affordable for its students.
First announced in the summer of 2018, the Rice Investment positions the university as a leader in supporting students from low- and middle-income families. While many universities offer excellent programs, the Rice Investment stands out by providing a full-tuition scholarship for students from families earning less than $75,000. Additionally, it offers comprehensive financial assistance for families with higher incomes. Students from families earning under $140,000 are eligible for support, while those with incomes between $140,000 and $200,000 can qualify for at least half of their tuition to be covered.
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