Financial Aid Eligibility and Application Information
Additional information on financial aid eligibility and how to apply:
Applicants should be aware that virtually all financial aid awarded by Rhode Island College is limited to students who are:
- Accepted into a program that will lead to a degree
- U.S. citizens or eligible noncitizens
- Enrolled at the College at least half-time (6-8 credits for undergraduates; 4.5 or more credits for graduate students). Limited Federal Pell Grants are available to some students studying less than half-time.
- Maintaining Financial Aid Satisfactory Academic Progress
For financial aid purposes, student status is typically verified after the end of the Add Period (the first two weeks of the semester). Students should expect that the amount of their award(s) might be reduced proportionately and/or cancelled if their status at the end of the Add Period is less than full time.
- RIC's Federal School Code is 003407
Applicants should fill out all forms completely and accurately in order to avoid delays in processing and possible loss of financial aid.
IRS Data Retrieval Tool and Needed Materials
When completing the FAFSA, we encourage you to use the IRS Data Retrieval Tool to transfer your IRS Tax Return data directly into your FAFSA. This will make the application process easier and more accurate. In order to successfully use the IRS Data Retrieval Tool, you must have a:
- Federal tax return filed with the IRS
- Valid social security number
- Federal Student Aid (FSA) ID
- Unchanged marital status since December 31 of the prior year
No FSA ID?
For parents or students without an FSA ID, you will be prompted to apply for one during the FAFSA application process. The FSA ID will help you (student or parent) electronically sign the FAFSA.
After FAFSA Submission
After the FAFSA is submitted, a confirmation email will be sent by the federal processor. A second email will be sent to the student shortly afterwards confirming the FAFSA has been processed. At that time, you may view a Student Aid Report (SAR). Be sure Rhode Island College is listed on the SAR (School Code 003407), otherwise we will not receive your information from the federal processor. If a SAR is not received within five to 10 days, please contact the Federal Student Aid Information Center at 1-800-433-3243.
Please Note: Rhode Island College reserves the right to require verification of income data submitted by any and all applicants for financial assistance. Awards for those who are asked for such verification will be made conditional upon receipt of the requested information/documentation. Forms of documentation or verification that may be requested include, but are not limited to, transcripts of federal income tax returns and copies of authorization letters for untaxed income. Any discrepancy in reported figures may result in adjustment or cancellation of the financial aid award and may be reported to the federal government for further review and possible legal action.
All awards made by or through the College are conditional and are based upon information available to College officials at the time the award is made. All awards are, therefore, subject to change and/or cancellation, should the College become aware of facts, conditions, and/or circumstances that differ from those upon which the award(s) was (were) based. Similarly, all awards are contingent upon the receipt by the College of sufficient funding from state, federal, or other funding sources and/or donors to cover award offers.
The U.S. Department of Education announced the 2024–2025 Free Application for Federal Student Aid (FAFSA) will not be available until late December 2023. New and returning students seeking financial aid from Rhode Island College for the 2024-2025 academic year are advised to file the FAFSA as soon as the online application becomes available at Federal Student Aid.
Financial aid awards are not automatically renewable unless specified otherwise in your award letter. Almost all student aid at the College must be reapplied for each year by completing a new FAFSA by the posted priority filing deadline.