The Award for Excellence This $10,000 per year award is for the top student transferring to our engineering program from each of the Institutes four-year affiliated colleges and universities. Our yield was about 14% [last year,] Wexler said. The Financial Aid Office makes student loan determinations during July. Recipients must be in good academic standing in accordance with commissioners regulations and must not be in default of a federal loan or a loan guaranteed by NYSHESC. Loan programs such as the Federal Direct and Perkins loan programs are liabilities that must be repaid, with interest. Repayment begins six months after the student ceases to be enrolled at least half time. Privacy policy Our holistic admission process considers many factors, so we encourage you to submit all application components on time for careful consideration. Corporation, Endowed, Foundation, Industrial, and Endowed Scholarships Federal Policy on Drug Conviction & Aid Eligibility A student who has been convicted of any offense under any Federal or State law involving the possession or sale of a controlled substance shall not be eligible to receive any federal Title IV grant, loan, or work assistance during the period beginning on the date of such conviction and ending after the interval specified in the following table: A student whose eligibility has been suspended may resume eligibility before the end of the ineligibility period if the student satisfactorily completes a drug rehabilitation program, defined by the Secretary, that includes two unannounced drug tests; or the conviction is reversed. Students who fail to maintain the minimum credit hours or achieve the required grade point average are placed on federal financial aid probation and have one academic year in which to earn sufficient credits or achieve the required grade point average before losing federal aid eligibility. Policy Statement Generally, awards are committed well before the start of the academic year; awards are usually mailed during March and April for the following fall term. The term includes a gift of services, transportation, lodging, or meals, whether provided in kind, by purchase of a ticket, computer hardware, printing costs or services for which the recipient pays below-market value, payment in advance, or reimbursement after the expense has been incurred. If a student earns multiple Rensselaer merit scholarships prior to admission, Rensselaer will award the highest merit award for which the student is qualified, but does not combine multiple Rensselaer awards. Updated cost information is available online at www.rpi.edu/cost. Richards Scholarship for graduate study in civil engineering. Repayment of Federal Stafford / PLUS loans Federal Stafford and PLUS Loans are disbursed to the school in equal installments unless scheduled for a single term. There are a variety of ways in which you can support students at Rensselaer, including Rensselaer Annual Fund Scholars, the Rensselaer Annual Fund Assistance Grant, and the Patroon Scholars Program of the Rensselaer Annual Fund. When you use your FAFSA form to apply for aid, you are automatically considered for federal aid, including grants, loans and College Work Study. IBM Fellowships for graduate study in integrated circuits. Full details on all federal financial aid programs may be found at www.federalstudentaid.ed.gov. Most are awarded on the basis of financial need, academic excellence, major, community service, leadership, or other criteria established by the donor. 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. Federal Direct PLUS (Parent Loan for Undergraduate Students) Borrower must be the parent or stepparent of a financially dependent undergraduate. Graduate Assistantships Each department selects a number of graduate students each academic year to work as graduate teaching and/or research assistants. Rensselaer participates in federal, state, and its own institutional aid programs. 2023 The Rensselaer Polytechnic. Examples include the U.S. Bureau of Indian Affairs, Aid to Native Americans Higher Education Assistance Program, and Veterans Administration (VA) educational benefits. Harry F. Meiners 52 Fellowship for graduate study in physics. We do not combine multiple awards. For Federal aid programs students must complete the FAFSA application annually. Four-Year Affiliated Colleges and Universities Director, Graduate Admissions. | Additional applications may be required for state financial aid programs. Recipient selection and renewal are subject to the conditions set forth by the donor. Academy Hall. Fannie and John Hertz Scholarship for graduate study in engineering or science. Merck Fellowships for graduate study in chemical engineering. Robert G. Hawkins Fellowship for underrepresented students in graduate management studies. GM Week Were at 30%. The veterans coordinator in the Registrars Office handles these benefits and should be contacted as soon as the student arrives on campus. Your generous contribution to the School's newly created Diversity and Inclusion Fund will provide life . In the case of any student for whom it is determined that a return must be made to programs based on prorated charges, those funds will be returned in the following order: unsubsidized federal Direct loan, subsidized federal Direct loan, federal Perkins loan, federal Direct PLUS, federal Pell grant, ACG funds, SMART grants, FSEOG funds, and other Title IV aid programs. Leadership Training Programs for Women. All income data reported are subject to verification by the New York State Department of Taxation and Finance and NYSHESC. Assistantships consist of full academic year tuition and a stipend of at least $14,500 for the current academic year and, if the student is requested to register and work full time during the summer, at least $23,350 for the current calendar year. The PLUS loan requires an initial credit application in addition to a Master Promissory Note. Click on a link to be taken to the entry below. E.T.B. Some students may receive scholarships that are provided by the generosity of Rensselaer donors, alumni, corporations, or other friends of the Institute. (1) BAN ON REVENUE-SHARING ARRANGEMENTS Rensselaer Polytechnic Institute. Garnet Douglass Baltimore, a member of the Class of 1881a distinguished civil and landscape engineerand the first African American to graduate from Rensselaer Polytechnic Institute. The federal government may deduct a default fee up to 1% of the amount borrowed. The Office of Financial Aid transmits appropriate information to the federal Department of Education (DOE). These requirements are published annually and are distributed to recipients with their awards. Most awards are a combination of scholarship, loan, and/or job. Troy, New York 12180-3590. To provide access to a quality education for high-quality students, Rensselaer offers substantial financial aid from its own funds. Recipients receive this award for a maximum of eight semesters of full-time undergraduate study. Detailed information on eligibility, award schedules, distribution of funds, cancellation, and specific rights and responsibilities of recipients is available from the Financial Aid Office. An origination fee of 4% is deducted from the gross amount borrowed. Electric Power Engineering Fellowship for graduate study in electric power engineering. Rensselaer is pleased to provide currently enrolled students a comprehensive scholarship matching tool called Scholarship Universe (SU). There is no minimum grade point average required for renewal each year. For federal or state assistance, international students must be U.S. citizens or permanent residents; possess a valid alien registration receipt card; have an arrival-departure record (I-94) from the Department of Homeland Security showing a status of refugee, asylum granted, parole (I-94 confirms paroled for a minimum of one year and status has not expired), or Cuban-Haitian entrant; possess a valid temporary resident card (I-688); or have a conditional permanent resident card (I-151C). 518-276-6055 The lender will communicate with Rensselaer and the Office of Financial Aid in turn will notify the lender of the amount a student is eligible to borrow. Carlton E. Lemke Fellowship in Decision Sciences and Engineering Systems. The applicant must be on an official tribal roll of a New York State tribe or the child of an enrolled member of a New York State tribe, as well as a resident of New York State. Families are expected to utilize a combination of income, assets, and borrowing ability to fund educational costs. Students in study abroad programs or in Co-op programs are not eligible for the award for the semester(s) they do not meet eligibility requirements. Repayment begins nine months after a student is no longer in attendance on a half-time basis. Other Opportunities for Graduate Students Well see [what the effects are], he said. The Garnet D. Baltimore Rensselaer Award and Scholarship for Minority Students This $10,000 annual scholarship is awarded to the qualifying African American, Hispanic, or Native American student with the highest combined average in mathematics and science at each of the Institutes two- and four-year affiliated colleges. Interscience Incorporated Fellowship for graduate study in condensed matter physics. (iii) Rule for Gifts for Family MembersFor purposes of this paragraph, a gift to a family member of an officer or employee of an institution, to a family member of an agent, or to any other individual based on that individuals relationship with the officer, employee, or agent, shall be considered a gift to the officer, employee, or agent if Prospective first-year freshman and undergraduate transfer students apply for need-based financial aid by submitting the Free Application for Federal Student Aid (FAFSA) as well as the College Scholarship Service (CSS)Profile. By federal law this program will no longer be available effective with the 2011-2012 academic year. (A) ProhibitionThe institution shall not enter into any revenue-sharing arrangement with any lender. Students who take a leave of absence, or withdraw, and are also Title IV aid recipients should be aware of the following: The grace period for federal loans (Perkins, Direct PLUS, Direct Loan) begins from the students last date of attendance as determined by the Office of Student Experience. Students also must pay for round-trip transportation to Rensselaer. Rensselaer Leadership Award/Rensselaer Merit Award These merit-based awards are given in recognition of an outstanding record of academic and personal achievements, a strong commitment to excellence, and illustration of intellectual curiosity. Features P.O. Veterans Benefits Veterans and children of veterans may qualify for educational benefits. Scholarships and Fellowships There are a number of scholarships and fellowships available to Rensselaer students. It is not based on financial need. Women at Rensselaer The women at Rensselaer are changing the conversation when it comes to math and science, seeking experiences as unique as they are and pursuing opportunities to improve the world. The Hugh O'Brian Youth (HOBY) Leadership Scholarship and the Girl Scout Gold Award Scholarship will award students with a $5,000 per year merit scholarship that is guaranteed for four years (five years for the School of Architecture program) for each student who is accepted and chooses to enroll at Rensselaer. Rensselaer is Division I for men's and women . It's clear that Rensselaer County residents in New York will continue to need help paying for college. Repayment schedules may begin immediately or be have grace periods of six or nine months, depending on the loan program. 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. American Cyanamid Fellowship for disadvantaged students. Students offered this program are required to complete a Master Promissory Note (MPN) and complete an entrance interview explaining the rights and responsibilities in the program. Were doing that on the men the same way, Wexler pointed out, we offer merit and need-based aid to all domestic studentsYou may have similar types of scholarships not just designated for women, but a similar involvement in activities may have lead you to a merit [scholarship] based on your academic high school record, SAT scores, those types of things. Some women were not given the grant, like those who were granted the Rensselaer Medal. Unmet need is the difference between your Estimated Family Cost to Attend Rensselaer and your Federal EFC. DuPont Grant-in-aid for graduate study in mechanical engineering. Rensselaer awards require full-time attendance, unless awarded for summer school attendance. (2) GIFT BAN International students cannot receive institutional aid, unless a Rensselaer Medal Award recipient or receiving a Division I Athletic Scholarship. Bill Clemow 71 Memorial Fellowship for graduate study in electrical, computer, and systems engineering. 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.org or at New York State Higher Education Services Corporation, 99 Washington Avenue, Albany, NY 12255. 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. 39,500. (B) DefinitionFor purposes of this paragraph, the term revenue-sharing arrangement means an arrangement between an institution and a lender under which School of Architecture or Co-Terminal program students may receive the grant for up to 10 semesters. Cost of Attendance The total estimated expenditure for a Rensselaer undergraduate for the nine-month 2011-2012 academic year for a undergraduate student living on-campus is as follows: In addition to the above expenses, new undergraduate students are required to have a laptop computer which may be purchased through the Institute Computer Center at an approximate expense of $1,700. Vocational Rehabilitation Grants Residents of New York state may be eligible for Tuition Assistance Program (TAP) grants of $100 to $1,100. The Profile application may only be filed electronically. Troy, New York 12180-3590, CSS ProfileCollege Code: 2757FAFSACollege Code for Troy Campus: 002803 Awards may be adjusted when there are differences between FAFSA/Profile estimates and actual figures. In the awarding of aid, the Office of Graduate Education and the departments consider such factors as the candidates academic record and background, and Rensselaer Graduate Fellowships are awarded for the full academic year, and are typically allocated in March or April for the following academic year. Cluett Peabody Fellowship for disadvantaged students. Veera and Arjun Saxena Fellowship in Microelectronics for outstanding Ph.D. students working in the area of microelectronics. Rensselaer offersmany professional and academic programs just for women including mentoring, special interest housing, and career resources. The Livingston W. Houston Citizenship Award, honoring the "first citizen of the college," ranking high in character, leadership, scholarship, and athletic ability, was awarded to Erin . Regents Awards for Children of Deceased or Disabled Veterans. Undergraduate Scholarship and Fellowships Scholarships Valued at more than $20,000 Scholarships Valued at less than $20,000 Graduate Scholarships and Fellowships Sources of Funding Contact Information The Tuition Assistance Program (TAP) is described below. Students selected for verification by the Department of Education and/or Rensselaer are required to submit additional information which may include federal tax returns and other supporting documentation. Irene and Robert P. Bozzone 55 Fellows in Management and Technology for graduate students enrolled in the management and technology MBA program. To view recordings of past events, check out our RPI Admissions YouTube Channel. Maximum award is $4,000. While a quality education adds value well in excess of its cost, many students and families are unable to meet the cost with their own resources. Typically in such programs, the student is considered the primary borrower, with a credit worthy co-signer. Junior and beyond: $7,500 with no more than $5,500 from the subsidized program RPI improves to 12171 on the season and currently sits in ninth place in the ECAC, three points behind the Union Dutchmen. A great many scholarships are given to Rensselaer by corporations and foundations and through the generosity of alumni and friends. (518) 276-6000, Copyright document.write(new Date().getFullYear()) Rensselaer Polytechnic Institute (RPI), Media Policy This scholarship will be paid each year the student remains eligible for ROTC scholarship benefits regardless if the recipient resides on or off-campus. Rensselaer sororitiesare groups of women drawn together by mutual goals, trust, and respect. Students should contact the Direct Loan Servicing Center (https://www.dl.ed.gov/borrower/BorrowerWelcomePage.jsp) for specific information.