University of Rhode Island (URI) Financial Aid and Scholarships
Students Receiving Aid
71%
Total Aid Amount
$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.
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