Federal Supplemental Education Opportunity Grant (SEOG) These additional grants are made to Pell Grant recipients who demonstrate exceptional financial need. Carlton E. Lemke Fellowship in Decision Sciences and Engineering Systems. University Name: Rensselaer Polytechnic Institute. Just another site 5 These encompass scholarships, grants, work, and loans. Freshman: $5,500 with no more than $3,500 from the subsidized program. The standards for program pursuit and satisfactory academic progress may be waived, provided a student can show fully documented medical or unusual personal circumstances. Financial Aid - Rensselaer Polytechnic Institute - Acalog ACMS (III) Favorable terms, conditions, and borrower benefits on an education loan provided to a student employed by the institution if such terms, conditions, or benefits are comparable to those provided to all students of the institution. Award amounts vary, ranging from $500 to full tuition. The borrower chooses the lender, submitting the application through that lender. Graduate students are awarded up to Cost of Attendance or up to the annual Direct Loan limits, whichever comes first. Federal Work-Study Program This is a need-based program for students with a substantial financial need. | (B) DefinitionFor purposes of this paragraph, the term revenue-sharing arrangement means an arrangement between an institution and a lender under which The benefits for grants vary; most include tuition allowances. Additionally, under New York State education law, the president of the New York State Higher Education Services Corporation (NYSHESC) can waive the academic progress requirement of a minimum C (2.00) cumulative GPA for a student who has received two years of state-funded aid. Disbursement of Federal Direct Loans The HEOA program participation agreement, which must be executed by all institutions participating in Title IV financial aid programs including student loan programs, requires a code of conduct with which the institutions officers, employees, and agents shall comply. You should feel proud of all that you have accomplished in your academic journey thus far. Robert G. Hawkins Fellowship for underrepresented students in graduate management studies. Vermont Incentive Grant applications are made to the Vermont Student Assistance Corporation, 10 East Allen St., P.O. If you only have Rensselaer merit awards (i.e. Chauncey and Doris Starr Graduate Fellowship for worthy and needy students with first preference to those pursuing doctoral study in the interdisciplinary area of energy and the environment. Application Based on the FAFSA, the Office of Financial Aid reviews eligibility for these programs and makes awards within program guidelines and formulas (as always, subject to available funds). Graduate Assistantships Each department selects a number of graduate students each academic year to work as graduate teaching and/or research assistants. Federal Direct PLUS (Parent Loan for Undergraduate Students) Borrower must be the natural parent or custodial stepparent of a financially dependent undergraduate. Student Awards | RPI INFO - Rensselaer Polytechnic Institute Harry F. Meiners 52 Fellowship for graduate study in physics. Rensselaer Medal Scholarship Federal Pell Grant Federal Supplemental Educational Opportunity Grant College Cost Graduate - The total estimated expenditure for a Rensselaer graduate studentfor the nine-month 2018-2019 academic year is as follows: An estimated Federal Direct Loan fee of $50 is also added. (1) BAN ON REVENUE-SHARING ARRANGEMENTS The majority of my scholarship is from the Rensselaer Leadership Award. Students are encouraged to meet with an Assistant Director prior to deciding to attend part-time to understand any impacts on financial aid eligibility. Reimbursement of expenses to a covered institutional employee for serving on the board of bona-fide professional association recognized by the Commissioner of NYS Education Dept., related to student financial aid. Financial Aid - Rensselaer Polytechnic Institute - Acalog ACMS Responsibility for selecting the Medalist belongs to the faculty and staff within the participating secondary school. William R Osgood Fellowship for graduate study in mechanical engineering. FBI Honors Rensselaer Polytechnic Institute President Shirley Ann ROTC scholarship recipients receive awards for periods varying from two to four years. The Joseph H. Smith Jr. 45 Award This award was created for the most outstanding student in the engineering science program at the Institutes affiliated community colleges. Reason for Policy Irene and Robert P. Bozzone 55 Fellows in Management and Technology for graduate students enrolled in the management and technology MBA program. Public Affairs Specialist Sarah Ruane (518) 431-7250 Share on Twitter Twitter Share on Facebook Facebook Email Email August 25, 2021 FBI Albany Honors Rensselaer Polytechnic Institute (RPI). For the 2018-2019 academic year, all first-year undergraduate students are expected to contribute a minimum of $1,900. Other repayment options may be available to students including extended, graduated, income-based and income sensitive repayment. Cost of Attendance The total estimated expenditure for a Rensselaer undergraduate for the nine-month 2018-2019 academic year for an undergraduate student living on-campus is as follows: Additionally: A typical Federal Direct Loan fee of $40 is added to these costs when determining aid eligibility (the actual fee paid depends on amount borrowed and will reduce the amount of loan funds disbursed..it does not appear as an RPI billed expense); all new undergraduate students are required to have a laptop computer, which may be purchased through the Institute Computer Center at an approximate expense of $1,350. Interest rates are variable, typically ranging from 2.25% - 12.99% depending on the borrower(s) credit rating. Both the FAFSA and CSS Profile applications are available in early October each year. A highlighted row with an asterisk (*) indicates that a school has selected a Medalist. Co-terminal and Architecture students may not receive more than eight semesters of eligibility. To determine the percentage of Federal aid to be retained, divide the number of calendar days completed by the total number of calendar days in the enrollment period (excluding scheduled breaks of five days or more AND days that the student is on approved leave of absence). Examples include the U.S. Bureau of Indian Affairs, Aid to Native Americans Higher Education Assistance Program, and Veterans Administration (VA) educational benefits. The aggregate limit for undergraduate study is $27,000. | The 2018-2019 interest rate is 6.60% for graduate students. Carlton E. Lemke Fellowship in Mathematics for graduate students in the Department of Mathematical Sciences. George Mahe 42 Fellowship in memory of John L. Sharp 42 for graduate study. When new awards are processed, schools are required to post the new award details to NSLDS. Available to graduate and professional students. finally, if there is still outside aid left, the remaining outside aid will replace existing Rensselaer need-based aid rounded up to the nearest $50 increment. Students are advised to exhaust other Direct Loan eligibility prior to applying for a Graduate PLUS loan. If an award is not need based, all (or a portion of these awards) may be replaced with other Rensselaer merit award(s) that best match a students overall attributes and/or academic record; if the award is based on financial need, the award may be replaced all or in part with other Rensselaer need-based awards. The RAA continues its strong tradition of support to the Institute, our alumni, and current students, with the RAA Scholarship Fund, established in 2016 with a gift of $250,000 from the RAA. Student Awards. Rensselaer Merit Scholarship The Institute is a sponsor in the National Merit Scholarship Corporation (NMSC) program, which provides up to $2,000 to students who list Rensselaer as their first-choice institution in accordance with NMSC guidelines. Eligibility is based on financial need. Recipients of federal aid programs must be United States citizens or eligible non-citizens and meet other requirements. Updated cost information is available online at www.rpi.edu/cost. Established in 1981 by the Rensselaer Union, the award is in honor of William P. (Willie) Stanton, Class of 1972 (hon. It is the students responsibility to complete all forms or applications for aid which he or she is determined to be eligible unless declining the aid source being offered. Meet Alexia, one of Petersons Scholarship Winners! More detailed information, including examples of refund and repayment calculations, is available in the Admission, Bursar, and Financial Aid offices. There are a limited number of off-campus community service positions. Federal and state aid recipients are subject to the terms and conditions of those programs. Details on SAP guidelines are available at, Complete details on Federal Financial Assistance is available at, https://studentloans.gov/myDirectLoan/index.action, Acalog Academic Catalog Management System (ACMS), November 1 of year prior to start of enrollment (ex:11/01/2018 for 2019-2020), February 1 of enrollment year (ex:02/01/2019 for 2019-2020), November 1 of year prior to start of enrollment. In return for their service, members of AmeriCorps programs earn money for school in the form of an education award that can be applied to outstanding student loans or future higher educational and vocational training pursuits. We are providing these FAQs to help students, counselors, family members, and others better understand next steps for your enrollment. Recipients receive one of these awards for a maximum of eight semesters of full-time undergraduate study. Graduate students may borrow up to $20,500 per year. 110 Eighth Street Troy, NY 12180 The student must have earned at least 12 credits in each of two consecutive semesters, for a total of 24 credits earned. Recipients earn an hourly wage based on New York State minimum wage laws with an academic year maximum earnings of up to $2,000 per year. Scholarships and Grants | Admissions - Rensselaer Polytechnic Institute Additionally, students enrolled in a study abroad program approved for credit by Rensselaer may be considered as enrolled at Rensselaer for purposes of determining federal student financial aid eligibility. Federal Direct Loan (Unsubsidized) Eligibility is determined by data provided on the FAFSA; however a student whose parent or guardian died as a result of service in Iraq or Afghanistan after 9/11/2001 is provided the maximum award. In addition, the state offers other special programs including the following for which details and application information are available on the Web at www.hesc.ny.gov. Most private loan suppliers will require a U.S. credit-worthy co-signer to accompany the applicant. When determining the EFC for Rensselaer awards, we look to all information as reported on the CSS Profile and/or FAFSA applications. When students withdrawfrom all classes prior to the end of a term, their billing account is reviewed to identify the amount of tuition, fees, and other charges they remain responsible to pay. Aid Award In making aid awards, Rensselaers typical approach is to award scholarship funds first, then add self-help awards (loans and work-study jobs) to help meet need. Steven Chu, Postdoctoral Faculty Sponsor. School users are required to access the NSLDS to review student award history prior to disbursing awards to ensure compliance with Federal Student Aid Program certification rules which interact with the students history at prior institutions. Our community is better as a result of their time at Rensselaer and these awards are a way of showing them our appreciation. She received a B.S. Apr 2020 - Present3 years. Graduate PLUS Loan Program In addition there are a limited number of community service positions available. The Registrars Office is responsible for certifying all veterans who receive benefits. Athletes as well, not sure how much. International students cannot receive institutional aid, unless a Rensselaer Medal Scholarship recipient or receiving a Division I Athletic Scholarship. This site provides information about the students current loan servicing agent as well as details about Federal loan and grant awards received throughout enrollment. About the Federal National Student Loan Data System (NSLDS): As a Federal Student Aid Programs Eligible Institution, Rensselaer is required to submit detailed information about the Federal Student Loans we certify to the Federal NSLDS. I have read a lot that the CS program is very challenging, and I don't want to go to RPI if there is a risk that I have to end up paying in full every year. Sanctions I am also involved in a ton of extracurriculars, and I have volunteered for 3+ hours/week for the last ~5 years. Official withdrawals and leaves are coordinated through the Office of Student Experience. LRC Partners Fellowship in Lighting to support graduate students in lighting. The students last date of attendance is used for both account adjustment calculations and reflects the date the student began the Institutes withdrawal process, the students last date of recorded attendance (or other acceptable academic activity), or the midpoint of the semester for a student who leaves without notifying the Institute. Several types of assistance to help defray the cost of graduate study are available from Rensselaer funds. It is not based on financial need. Walter H. Rogers Jr. P.E. Please enable Javascript for full functionality. No eligibility for the subsidized program. Code of Conduct The borrower utilizes the Department of Education (DOE) Direct Loan Web site (www.studentloans.gov) to initiate the required credit check and complete a Master Promissory Note (MPN). The Lally School at Rensselaer is one of more than 500 universities participating in the new Post 9/11 GI Bill, and the Yellow Ribbon Program, a provision of the new GI Bill, which was created to make resources available to military veterans and their dependents to attend college and graduate school.