Rice University to offer free tuition to low-income and
middle-income undergraduate students
Rice University will award scholarships that will cover the cost of tuition to students from low-income and middle-income families starting next fall, the school announced Tuesday.
Under an initiative called The Rice Investment, US students seeking an undergraduate degree with family incomes under $130,000 will not pay tuition. Those with family incomes below $65,000 will also receive grant aid to cover school fees and room and board.
Students with family incomes between $130,000 and $200,000 will be eligible to receive scholarships that will cover at least half of their tuition. The plan will impact continuing students who are eligible based on need.
David Leebron, Rice University president, called the iniative a "bold step" in making education at Rice "accessible and affordable for students from all backgrounds."
"Talent deserves opportunity," Leebron added.