The financial aid department of Rensselaer Polytechnic Institute helps students by assisting them with scholarships, grants, and student loans in the event that they find the fees and the cost of living at the campus to be expensive. The average financial aid at Rensselaer Polytechnic Institute is around $29,339 and the federal grant is $5,968. The students at the college are provided with state aid and institutional aid. The state aid stands at $3,123, while the institutional aid is $29,339. The need-based scholarships awarded to students admitted to Rensselaer Polytechnic Institute amount to $140,612,914 per annum. Meanwhile, the total non-need-based scholarships/grants awarded in a year total $43,494,351.