Rochester Institute of TechnologyScholarships & Financial Aid 2026
Based on Common Data Set 2023-2024 figures
Merit-Based Aid
Freshmen Receiving Merit Aid
21%
Average Merit Award
$19,777/yr
Need-Based Grants
Average Need-Based Grant
$41,332/yr
Net Price by Family Income
Average annual cost after grants and scholarships, by household income bracket.
Under $30,000$24,475/yr
$30,001 to $48,000$25,200/yr
$48,001 to $75,000$25,561/yr
$75,001 to $110,000$30,655/yr
Over $110,000$34,772/yr
Frequently Asked Questions
Does Rochester Institute of Technology offer merit scholarships?
Yes. Based on CDS data, 21% of incoming freshmen receive merit-based awards with an average of $19,777 per year. Merit aid is awarded based on academic achievement and other criteria independent of financial need.
How much financial aid does Rochester Institute of Technology give?
A significant share of freshmen receive need-based institutional grants averaging $41,332 per year. Award amounts depend on demonstrated financial need as determined by the FAFSA and CSS Profile.