110 Eighth Street If the student intends to stay in the United States for the summer vacation period and enroll in classes at Rensselaer during that time, he or she must have adequate additional funds. Perkins was a need-based loan program for students with exceptional financial need, with a fixed interest rate of 5%. Should the student not return from an approved leave of absence, the last date of attendance will be considered the date the approved leave of absence began. Rensselaer Leadership Award - Jun 2020 Studio Honors Runner-Up - May 2020 24th Annual Empire Challenge Participant - Jun 2019 The UnitedHealthcare Empire Challenge is a kick off to change and new. Before being granted approval for withdrawal, or leave of absence, all students who are federal loan recipients are required to be counseled by the Office of Financial Aid to discuss the consequences of their changed status on loan programs. Irene and Robert P. Bozzone 55 Fellows in Management and Technology for graduate students enrolled in the management and technology MBA program. - Guided a group of freshmen students through Chemistry 1 by facilitating their understanding of . Federal and aid recipients are subject to the terms and conditions of those programs. To get the best user experience please use a supported browser.Here are a few we recommend: The Rensselaer Leadership Award is given in recognition of an outstanding record of academic and personal achievements, a strong commitment to excellence, and illustration of intellectual curiosity. (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 Available to graduate and professional students. (ii) ExceptionsThe term gift shall not include any of the following: Please note: Access to the Rensselaer Union and Collegiate Store remains limited to students/faculty/staff that have been granted card access to the building. It is not based on financial need. Thanks! 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. There is no minimum grade point average required for renewal each year. Application information and the deadline for fall submissions will be announced in the summer preceding each fall semester. Other repayment options may be available to students including extended, graduated, income-based and income sensitive repayment. FAFSA: www.fafsa.gov (School Code 002803) Upon request, a student must provide to the Office of Financial Aid an approved academic plan from his/her academic adviser stipulating coursework required for graduation. Sophomore: $6,500 with no more than $4,500 from the subsidized program. Students receiving assistantships are expected to devote their full-time efforts to the assistantships and their scholarly activities. Howard P. Isermann 42 Graduate Student Support Fund for women and underrepresented minorities in the Howard P. Isermann 42 Department of Chemical and Biological Engineering. Repayment schedules may begin immediately or be have grace periods of six or nine months, depending on the loan program. Less than full-time attendance may result in a reduction or elimination of awards; federal and state aid programs may also be adjusted if a student is attending less than full-time. This award is given to one Black, Latinx, Native American (or multi-racial) graduating senior and one continuing student who has exhibited service and leadership to the Institute and their community while . Self-nominations and referral applications are encouraged. (aa) the institutions staff are in control of the counseling, (whether in person or via electronic capabilities); and Senior Scholarships May 7, 2021 Alumni News, High School News, Home Page, Parent News, School News, Student News by Nicole Bostel Below is the most up-to-date list of seniors and their scholarship awards. Their financial aid account is reviewed to identify the amount of Federal, State, or Institutional aid that may be retained as payment against their adjusted charges. A student is expected to meet with a staff member in the Office of Financial Aid prior to attending less than full-time to understand the implications on financial aid sources s/he is receiving. 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). Troy, NY USA 12180 Some awards from the Institute may be replaced all or in part by other Institute awards. Co-terminal and Architecture students may not receive more than eight semesters of eligibility. The Division of Student Life. Undergraduate award amounts currently range from $500 to $5,165, depending on family New York State net taxable income and when the student receives his/her first TAP payment. The Epsilon Zeta Chapter of Alpha Phi Omega is devoted to leadership, friendship and service at Rensselaer. Rensselaer Leadership Award Merit Scholarship, Rensselaer Polytechnic Institute (2012-2016) . If you only have Rensselaer merit awards (i.e. It is committed to partnering with students to assist in making a quality education financially possible for undergraduates and their families. Bill and Yellow Ribbon Programs for U.S. Veterans. Please note that interest rates and fees are subject to change July 1 of each year. Rensselaer Polytechnic Institute also adheres to the Student Lending, Accountability, Transparency and Enforcement (SLATE) Act. For complete details, visit the Office of Financial Aid Web site (www.financialaid.rpi.edu). student activity, registration, late payment, laboratory, matriculation, transcript, technology, and other special fees). In such cases the ROTC Room and Board Scholarship and/or other Rensselaer grants and scholarships are adjusted. (V) Philanthropic contributions to an institution from a lender, servicer, or guarantor of education loans that are unrelated to education loans or any contribution from any lender, guarantor, or servicer that is not made in exchange for any advantage related to education loans. The 2018-2019 interest rate is fixed at 7.6 percent. Meet Alexia, one of Petersons Scholarship Winners! Monday - Friday: 9:00 am - 5:00 pm. You should feel proud of all that you have accomplished in your academic journey thus far. (518) 276-6000, Copyright document.write(new Date().getFullYear()) Rensselaer Polytechnic Institute (RPI), Media Policy Typically in such programs, the student is considered the primary borrower, with a credit worthy co-signer. 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. The recipient must rank high in character, leadership, scholarship, and athletic ability. She received the RAA Alumni Key Award in 2017 and the Albert Fox Demers Medal in 2022 and is a member of the Stephen Van Rensselaer Society of Patroons. The states language provides for a waiver of the 2.00 requirement for undue hardship based on the death of a relative of the student, personal injury or illness of the student, or other extenuating circumstances. Recipients receive one of these awards for a maximum of eight semesters of full-time undergraduate study. A veteran who changes his or her credit-hour load or who withdraws from the Institute must notify the veterans coordinator immediately. | For additional information, see the AmeriCorps Web site. The Rensselaer Medal is a scholarship opportunity worth $120,000 for outstanding math and science students. For more than 100 years, Rensselaer, in conjunction with high schools around the world, has awarded the Rensselaer Medal to promising secondary school students who have distinguished themselves in mathematics and science. Recipients of federal aid programs must be United States citizens or eligible non-citizens and meet other requirements. 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. Recipients receive this award for a maximum of eight semesters of full-time undergraduate study. Award amounts vary. Web Privacy Policy The Tuition Assistance Program (TAP) is described below. Full details on all federal financial aid programs may be found at http://studentaid.edu.gov. The graduate research assistant conducts directed research with individual faculty members. Recipients of the Rensselaer Tuition Remission benefit are not eligible to receive other Rensselaer scholarships or grants unless the student would otherwise receive Rensselaer aid that would exceed the Tuition Remission benefit. The Office of Financial Aid transmits appropriate information to the federal Department of Education (DOE). Award amounts vary, ranging from $500 to full tuition. Repayment begins 60 days after the final disbursement for the loan period and a borrower has 10 to 25 years to repay. The Dr. Shirley Ann Jackson CLASS (Clustered Learning, Advocacy, and Support for Students) Awardrecognizes a graduating senior who as a leader exemplifies the ability to solve complex challenges through intellectual agility, multicultural sophistication, and a global view. 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. Javascript is currently not supported, or is disabled by this browser. Previous STEM Seniors Honored with Academic Letters Next Be Kind and Happy Mother's Day Comments are closed. The Rensselaer Leadership Award is given in recognition of an outstanding record of academic and personal achievements, a strong commitment to excellence, and illustration of intellectual curiosity. Harvard University, Applied Physics (2022) Bachelor of Science, Rensselaer Polytechnic Institute, Physics (2016) Stanford Advisors. Deepak Vashishth, Professor of Biomedical Engineering in the School of Engineering and Director of the Center for Biotechnology and Interdisciplinary Studies, has been selected as the recipient of the William H. Wiley 1866 Distinguished . Assistantships consist of full academic year tuition and a stipend of at least $22,000 for the current academic year and, if the student is requested to register and work full time during the summer, at least $29,334 for the current calendar year. Rensselaer Leadership Award, Rensselaer Medal Award, Rensselaer Recognition Award) and are not interested in federal or state aid then you do not need to complete the FAFSA. I graduated in 2020 and was able to have it all 4 years regardless . Intern at CHA Consulting (water/wastewater engineering) . Students are encouraged to meet with an Assistant Director prior to deciding to attend part-time to understand any impacts on financial aid eligibility. Stephen B. Zimmerman 66 Memorial Fellowship for study in industrial and management engineering. Graduating Student Awards Upcoming Events. Descriptions of the award retention environment for Federal and NY State TAP Grant programs are provided further below. The Department of Education will retain 1.069% of the amount you borrow for loan fees. (ii) an officer or employee of the institution who is not employed in the Office of Financial Aid but who has responsibility with respect to education loans as a result of a position held at the institution, or an agent who has responsibility with respect to education loans, from performing paid or unpaid service on a board of directors of a lender, guarantor, or servicer of education loans, if the institution has a written conflict of interest policy that clearly sets forth that officers, employees, or agents must excuse themselves from participating in any decision of the board regarding education loans at the institution; or Veera and Arjun Saxena Fellowship in Microelectronics for outstanding Ph.D. students working in the area of microelectronics. 2024 Bicentennial Award* This award assists recipients to attain the benefit of a Rensselaer education and is supported by donations from Rensselaer alumni and friends since the inception of the Institute in 1824. For additional program details including aggregate borrowing limits, visit www.studentloans.gov. Students are advised to exhaust other Direct Loan eligibility prior to applying for a Graduate PLUS loan. 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. Joaquin B. Diaz Memorial Fellowship for graduate study in mathematical sciences. Just another site Both the FAFSA and CSS Profile applications are available in early October each year. Junior and beyond: $7,500 with no more than $5,500 from the subsidized program. Rhode Island State Scholarship applications are made to the Office of Scholarships, Rhode Island Department of Education, 560 Jefferson Blvd., Suite 100, Warwick, RI 02886 or via the Web at www.riheaa.org. Recipients are eligible to receive up to $1,000. 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. Recipients may receive this award for a maximum of eight semesters of full-time undergraduate study. Applicants may apply directly to HESC or file the Free Application for Federal Student Aid (FAFSA), authorizing the release of information to HESC. Recipients are eligible to receive up to $1,000. The recipient of the award is determined by the Vice President for Student Life. Persons with disabilities may visit the New York State Education Department website, www.nysed.gov, for more information about higher education and training award availability as well as other living services. Rensselaer aid programs consist of merit-based, merit within need, and need-based aid programs. 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. The following fellowships are administered by departments, and in some cases the Office of Graduate Education, and are awarded after a review of the admissions application. When a student withdraws from the Institute, the last date of attendance will be determined as outlined under the Academic Information and Regulations section of the Catalog. In general, the maximum amount to be retained by the student will be no more than the difference between the finalized tuition charges minus the amount of Federal and Institutional aid the student is eligible to retain. (A) ProhibitionNo officer or employee of the institution who is employed in the Office of Financial Aid, or an individual who has been assigned by the Rensselaer Polytechnic Institute President with supervisory authority over the Director of Financial Aid, or who otherwise has responsibilities with respect to education loans, or agent who has responsibilities with respect to education loans, shall solicit or accept any gift from a lender, guarantor, or servicer of education loans. Rensselaer Polytechnic Institute, as a participant in federal loan programs, is required to have a code of conduct applicable to the institutions officers, employees, and agents. A highlighted row with an asterisk (*) indicates that a school has selected a Medalist. Rensselaer Medal Award The Medal was first presented in 1916 with two purposes: Four-Year Affiliated Colleges and Universities As a private university, Rensselaer helps with the costs of education, laboratories and facilities, student services, and administrative support through a combination of tuition, fund raising, and endowment earnings. Satisfactory Academic Progress (SAP) To remain eligible for these Title IV federal student assistance programs, students must complete a specified percentage of attempted credit hours and maintain a required cumulative grade point average (GPA) as well as a minimum semester grade point average each semester. Need based awards require continued demonstrated need for renewal in a subsequent year. Graduate students may borrow up to $20,500 per year. $104M in Research Expenditures Students in coterminal MBA programs may receive up to 3 additional terms of funding. 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. One approach to fund your studies is to apply for a study abroad scholarship that can pay for your expenses. LRC Partners Fellowship in Lighting to support graduate students in lighting. The FAFSA may be filed in paper or electronically. Students denied federal financial aid for failure to make satisfactory academic progress may appeal through the Office of Financial Aid. Students who were eligible for Federal Pell Grant or Supplemental Education Opportunity Grant (SEOG) funding during their last term of undergraduate study will be considered for additional need-based funding to replace these awards during the graduate timeframe. School of Architecture or co-terminal program students may receive the grant for up to 10 semesters. When new awards are processed, schools are required to post the new award details to NSLDS. Howard P. Isermann 42 Fellowships for graduate study in chemical engineering. Their financial aid account is reviewed to identify the amount of Federal, State, or Institutional aid that may be retained as payment against their adjusted charges. The amount of the TAP award is scaled according to type of school, level of study, tuition charge, and net taxable income. Rensselaer does have some preferred lenders, selected because of their popularity with Rensselaer students, commitment to customer service, competitive interest rates, and interactive Web sites. The Office of Financial Aid makes student loan determinations during July. Increases in the award are subject to the availability of funds. The actual details may vary. The annual interest rate is a fixed rate equal to the high yield Treasury Note as of June 1st plus 2.05%. (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. Our community is better as a result of their time at Rensselaer and these awards are a way of showing them our appreciation. Federal Direct Loan (Unsubsidized) Apr 2020 - Present3 years. Eligibility details about Federal Direct Loans, Perkins Loans, and Pell Grants received by students, including award periods, award amounts, and schools where funds were used is provided. Is RPI prestigious? Various deferments allowing postponement of repayment are available depending on when the student received the first loan. Repayment of Federal Direct Loans Any credit balance remaining on the students account after all charges and awards are re-calculated will be provided to the student. Eligibility is based on the cost of attendance minus other aid awards Undergraduate students may borrow up to the limits of the subsidized program less any subsidized loan they may already have. This is because graduate students are not eligible for Federal Pell and SEOG awards. Albert S. Paulson Fellowship in Quantitative Financial Management for outstanding graduate students enrolled in the Lally School of Management and Technology. Federal and state aid recipients are subject to the terms and conditions of those programs. (I) Standard material, activities, or programs on issues related to a loan, default aversion, default prevention, or financial literacy, such as a brochure, a workshop, or training. Click on a link to be taken to the entry below. Note that this program is not the same as the Aid for Part-Time Study (APTS) program (in which Rensselaer does not currently participate). Federal Direct PLUS (Parent Loan for Undergraduate Students) Borrower must be the natural parent or custodial stepparent of a financially dependent undergraduate. Established by Rensselaer ProfessorBimal K. Malaviya and his siblings in honor of their parents, the award recognizes a graduating student who best exemplifies sustained excellence and selflessness in the service to others during their academic career. There are a limited number of off-campus community service positions. These encompass scholarships, grants, work, and loans. Additional information may be found at www.rpi.edu. Nominate a deserving graduating student today for the contributions they have made to the Rensselaer community through their academic, athletic, and service endeavors. Students enrolled in the co-terminal program are considered undergraduate students for financial aid purposes and are instructed to file the FAFSA as a student who has not yet completed a Bachelors degree. Corporate, Foundation, and Private Fellowships Many corporations, foundations, and individuals offer fellowships for graduate study at Rensselaer. Rensselaer Medal Scholarship First presented in 1916, the Medal is a merit-based scholarship awarded to promising secondary school juniors who have distinguished themselves in mathematics and science. (518) 276-6201, Peter Konwerski, Ed.D.Vice President for Student Life, 110 Eighth Street Weissman Family Fellowship for outstanding graduate students enrolled in the School of Science or the School of Engineering. Shavell-Weinman Graduate Research Enhancement Award for graduate study in economics or humanities related to understanding economic behavior. No new loans can be made after September 30, 2017. 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. Segal AmeriCorps Educational Award Depending on loan type, students may receive a six month grace period prior to the required repayment period with the Direct Loan programs. 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. Please be aware that most lenders will not lend to a student who has not attained his/her 18th birthday at the time of application, regardless if a co-signer is used. (3) CONTRACTING ARRANGEMENTS PROHIBITED Additional applications may be required for state financial aid programs. These awards may replace all or in part previously awarded Rensselaer funds. Please enable Javascript for full functionality. Satisfactory Academic Progress (SAP), full time attendance, and aggregate limits are evaluated for renewability. The Registrars Office is responsible for certifying all veterans who receive benefits. Exxon Education Foundation Stewardship for graduate study in civil engineering. Payment of both principal and interest are deferred while the student is in attendance at least half time. Other Opportunities for Graduate Students. Students may need to verify their grace period with the federal Direct Loan Service Center (https://studentloans.gov/myDirectLoan/index.action).