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That's unfortunate. I used to be a tour guide and raved about the awesome need-based aid at Rice. The maximum amount of loans I had to take out each year was
by stephenhuey 7y ago
That's unfortunate. I used to be a tour guide and raved about the awesome need-based aid at Rice. The maximum amount of loans I had to take out each year was maybe $2,500 and my parents didn't have to pay much more than that, and I had a friend whose parents' total annual income was only $7,000 and he didn't pay a dime (and he had a workstudy job in the student pub). However, I also knew someone who had 2 parents with engineer salaries and they didn't really qualify for any aid so his parents weren't excited about him going to Rice compared to a state school since they didn't really get any aid.
No one at Rice has asked for my opinion, and I'm not privy to all the numbers behind the scenes, but I'm surprised they can't be more generous with the middle class since we have such a large endowment. They recently announced a big new financial aid initiative, but I wish tuition could be free again like it was until 1965!
https://edition.cnn.com/2018/09/18/health/rice-university-financial-aid-trnd/index.html https://edition.cnn.com/2018/09/18/health/rice-university-fi...