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Monroe NY News

Wednesday, December 4, 2024

Cost of college went up for all students at the Rochester Institute of Technology

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Tuition and fees rose 5.7 percent for 2018-19 at the Rochester Institute of Technology, according to recent data from the U.S. Department of Education.

New York students paid $42,345 to attend the four-year private not-for-profit institution this year – $2,277 more than the $40,068 charged for 2017-18.

Data shows 98 percent of full-time undergraduates who started school in 2015-16 received student financial aid in some form. In all, 2,606 students received grants or scholarships totaling $58.8 million and 1,878 students took out student loans totaling more than $16.4 million.

Including all undergraduates (16,463), 11,698 students used grants or scholarships totaling $228.8 million, and 8,206 students took out $52 million in federal student loans.

The cost of attending
Enrollment2015-162016-172017-182018-19Change in tuition and fees 2015-16 to 2018-19
In-state~7,738$37,124$38,568$40,068$42,34514.1%

Undergraduate financial aid
The following data includes only full-time students who began an undergraduate program at the Rochester Institute of Technology in 2015-16.
Type of AidNumber of students receiving aidPercent receiving aidTotal amount of aid receivedAverage amount of aid per student
Federal grants84331%$4,471,036$5,304
State / local grant or scholarship84731%$4,462,346$5,268
Institutional grants or scholarships2,60695%$49,837,942$19,124
Grant or scholarship aid total2,60695%$58,771,324$22,552
Federal student loans1,86368%$10,555,750$5,666
Other student loans35313%$5,881,719$16,662
Student loan aid1,87868%$16,437,469$8,753
Total student aid2,69098%--

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