Scholarship Awarding University:
Type of degree:
Bachelor’s
Scholarship Deadline:
Applications for this scholarship will end on the
Scholarship Summary:
Rice has taken a bold step toward making education affordable with their signature financial aid program, The Rice Investment. Through a need-based financial aid package, the Rice Investment grants families (US citizens and permanent residents only) in the income ranges specified below, either awards that cover full tuition, fees, and room and board; full tuition; or half tuition, depending on total income and assets. Rice also meets 100% of demonstrated financial need for families that do not fall within the listed income ranges.
Scholarship Applicant Criteria:
To be eligible for the Rice Investment, applicants must;
i. Be US citizens or permanent residents
ii. Be for undergraduate studies by Jan 4
iii. Have an annual family income of $300,000 or less
Value of Scholarship:
The Rice Investment will provide the following awards;
i. For students with annual family income of $200,000 - $300,000: Part Tuition
ii. For students with annual family income of $140,000 - $200,000: Half Tuition
iii. For students with annual family income of $75,000 - $140,000: Full Tuition
iv. For students with annual family income of $75,000 and below: Full Tuition, Fees, Room and Board
Scholarship Application Guide:
To apply for The Rice Investment,
i. Students must complete the standard financial aid application requirements for need-based aid, which is as follows;
ii. 2026–2027 FAFSA
- School Code 003604
- Parent and student tax filers must use their 2024 tax information via Direct Data Exchange (FA-DDX) previously known as DRT
- All users will need a Federal Student Aid (FSA) ID to access the FAFSA application.
iii. 2026-2027 CSS Profile
- School Code 6609
- Complete using 2024 income and tax information and current asset information.
- Custodial and non-custodial parent will each need to complete their respective profile for the student to be awarded aid.
iv. IDOC Student Dashboard - Parent and student tax documents
- Submit 2024 tax return along with all W-2s, 1099s and all accompanying schedules as well as all other forms available via IDOC.
- If an S-Corporation or Partnership is present, a copy of the business return may be requested.
- Students who did not file a tax return, submit College Board’s Non-Tax Filer Statement.
- Parent(s) who did not file a tax return, submit both College Board’s Parent Non-Tax Filer Statement and request an IRS Non-Filer Letter dated after Oct. 1, 2025, using Form 4506-T.
v. 2024 Non-Custodial Parent Tax Documents (if applicable)
- Submit 2024 tax return along with all W-2s, 1099s and all accompanying schedules as well as other forms available via IDOC.
- If an S-Corporation or Partnership is present, a copy of the business return may be requested
Scholarship Website:
Find further information on this scholarship opportunity at the Rice University Rice Investment Page.