The Rice Investment

Special Acknowledgements: We are grateful to Leah Olivo ’21, David Senter ’20 and Tania Min ’92 for participating in our video. Special thanks to Charles Renfro ’87 and DS+R for allowing us to film in their New York studio.

At Rice, we believe that talent deserves opportunity.

Starting in the 2019-20 academic year, The Rice Investment will greatly expand support for low- and middle-income families, eliminating tuition for many talented students.

To make this vision a permanent reality, Rice has launched a fundraising drive to secure $150 million in financial aid endowments by June 2025. Thanks to the generosity of Rice trustees and other donors, we are nearly a third of the way to our goal, but we will need the full support of the Rice community if we are to lead the way in providing access and opportunity to all talented students.

Through the Rice Investment, we will expand the aid that we provide families:

  • Degree-seeking undergraduate students whose families earn less than $65,000* will receive grants that fully cover tuition, mandatory fees, and room and board.
  • Students whose families earn between $65,000 and $130,000* will receive at least a full-tuition scholarship.
  • Students whose families earn between $130,000 and $200,000* will receive at least a half-tuition scholarship.
  • Students receiving these awards will not be required to borrow to fund their education.

*With typical assets

This is the future of affordability. With your support, we will boldly invest in our talented young Owls who, prepared with a Rice education, will move the world forward.

Affordability from every angle

The Rice Investment is a bold step towards making an extraordinary education affordable to talented students from all walks of life. We talked with students, parents, alumni, faculty and even a high school counselor to better understand the challenges of affordability and to explore how substantial scholarship support can impact the lives and choices of students and families.

Ways to support the rice investment

The university will launch The Rice Investment and shoulder much of the immediate cost starting in the 2019-2020 academic year. In order to sustain this program, we must raise $150 million in need-based financial aid endowments by June 2025.


Establish a new endowed scholarship (minimum of $100,000, payable over 1-5 years) or contribute to an existing endowment. Explore our endowment resources or contact us to discuss how you can make an impact.


Gifts to the Rice Annual Fund, specifically designated to The Rice Investment, help the program to flourish immediately. To give, select “The Rice Investment” in the designation box.


Our team can structure a gift planning vehicle to fund a significant commitment to The Rice Investment. Contact the office of Gift Planning at to explore options suited to you.