University of Rhode Island (URI) Financial Aid, FAFSA/Federal School Code, Scholarships and Deadlines 2022

University of Rhode Island (URI) Financial Aid and Scholarships

Students Receiving Aid Percent of Students Receiving Financial Aid.

71%

Total Aid Amount Average Total Aid Awarded per year.

$110.340M

Financial Aid Official Website

web.uri.edu/catalog/financial-aid/

Among them are scholarship programs such as Albert E. And Florence W. Newton Nurse Scholarship, Aldo Freda Legislative Pages Scholarship, Antonio Cirino Memorial Art Education Fellowship, and Centennial Scholarship. Notably, 95% of the students at University of Rhode Island get some kind of financial aid every year, and the total amount of assistance/loans provided adds up to around $58,875,044. For additional information about financial assistance schemes, one can head over to URI’s financial aid page at http://web.uri.edu/catalog/financial-aid/. The total percentage of candidates applying to University of Rhode Island who receive the Federal Grant is 26%. On the other hand, 86% of the candidates get the Student Grant, 86% receive the Institution Grant, and 26% get the Pell Grant. While the Federal Grant awardees receive an average aid of $4,755, the State Grant receivers and Institution Grant beneficiaries get $797 and $9,578, respectively. On the other hand, the average aid received by the Pell Grant awardees is $4,472. The annual family income of a candidate is one of the key factors in determining their total eligibility for financial aid. In addition to financial grants and scholarship schemes, students can also avail of monetary benefits like student loans to pay for their education. However, student loans attract a certain rate of interest at which the funds are borrowed. Moreover, the funds received through these loans will have to be repaid within a given timeframe. Every year, around 82% of the applicants to University of Rhode Island opt for student loans.

Financial Aid Breakdown

Student Receiving Aid

Federal Grant Aid

26%

State Grant Aid

22%

Institution Grant Aid

87%

Pell Grant

26%

Average Aid Awarded

Federal Grant Aid

$4,480

State Grant Aid

$844

Institution Grant Aid

$9,339

Pell Grant

$4,462

The total aid awarded to students of University of Rhode Island comes up to a huge amount of about $110,339,955, with approximately 71% of the applicants receiving the aid.

Federal Grant average aid is $4,480,with the percentage of students receiving it standing at 26%.
Pell Grant average aid is $4,462 and the percentage of students receiving it is 26%.
22% of students receive State Grants that contain an average aid of $844.
Institution Grant average aid worth an average of $9,339 is received by 87% of students applying for it.

Federal Aid based on Family Income

Family Income

Average Federal Aid Per Year

Under $30,000

$15,491

$30,001 - $48,000

$13,328

$48,001 - $75,000

$9,618

$75,001 - $110,000

$5,360

Over $110,000

$2,919

University of Rhode Island provides aid to students on the basis of family income bracket. This helps their students determine which financial aid performs the best with regards to their financial goals.

For the income bracket between $0 to 30,000 the aid amount is the highest as the students under this bracket require more financial support , for this income bracket the aid amount comes up to $15,491.
Slight change is observed in the aid amount when the income bracket is $30,001 to 48,000 the amount comes up to $13,328.
For an income bracket $48,001 to 75,000 the aid provided decreases to $9,618.
When the income bracket increases the aid amount decreases to $5,360.
When the income bracket becomes $110,000 and more the aid amount becomes the lowest as the students coming under this bracket can somehow afford the education expenses $2,919.

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