Cost of college went up for all students at Rensselaer Polytechnic Institute

Tuition and fees rose 3 percent for 2017-18 at Rensselaer Polytechnic Institute, according to the latest disclosure from the U.S. Department of Education.

New York students paid $52,305 to attend the four-year private not-for-profit institution this year $1,508 more than the $50,797 charged for 2016-17.

Data shows 89 percent of full-time undergraduates who started school in 2015-16 received student financial aid in some form. In all, 1,220 students received grants or scholarships totaling $35.06 million and 825 students took out student loans totaling more than $8.34 million.

Including all undergraduates, 5,151 students used grants or scholarships totaling $141.54 million. Another 3,276 took out $25.47 million in federal student loans.

The cost of attending
Enrollment
2014-15
2015-16
2016-17
2017-18
Change in tuition and fees 2014-15 to 2017-18
~2,135
$47,908
$49,341
$50,797
$52,305
9.2%

Undergraduate financial aid
The following data includes only full-time students who began an undergraduate program at the Rensselaer Polytechnic Institute in 2015-16.
Type of Aid
Number of students receiving aid
Percent receiving aid
Total amount of aid received
Average amount of aid per student
Federal grants
235
17%
$1,456,408
$6,197
State / local grant or scholarship
193
14%
$473,839
$2,455
Institutional grants or scholarships
1,220
88%
$33,130,362
$27,156
Grant or scholarship aid total
1,220
88%
$35,060,609
$28,738
Federal student loans
812
59%
$5,626,689
$6,929
Other student loans
145
11%
$2,709,816
$18,688
Student loan aid
825
60%
$8,336,505
$10,105
Total student aid
1,223
89%

Organizations in this story


Rensselaer Polytechnic Institute

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