ALL ADMITTED STUDENTS ARE AUTOMATICALLY CONSIDERED FOR ROSE-HULMAN MERIT SCHOLARSHIP.

Rose-Hulman Merit Scholarship is awarded to students based on a number of factors, both academic and non-academic. Two criteria are used to determine the award:

• Academic measures: These include the quality of the high school curriculum a student has pursued, class rank and size (if applicable) and test scores.
   
• Non-academic measures: These typically center around, but are not limited to, extracurricular activities, leadership and community service.
   

Rose-Hulman Need-Based Aid

Rose-Hulman need based aid is determined by the results of the FAFSA that is filled every year starting in January 1 for the next year.  Each year the need based aid is reevaluated to determine the new award for the next year when funds are available.
 

Scholarships

Rose-Hulman Named Scholarships are limited in number and have specific restrictions placed on them by the donor. All students who meet eligibility requirements for these awards will automatically be considered. In most cases, the Rose-Hulman Financial Aid Committee will award these scholarships based on the information provided in the student's admission file.

National Merit Finalist Scholarships are awarded by Rose-Hulman, corporations and the National Merit Foundation. The awards range from $1,000 to $2,000 depending upon a student's financial need. Once a student has taken the PSAT, the student is automatically considered for National Merit Scholarships.

Local scholarships are typically good at any college the student chooses to attend. Individuals who are Rose-Hulman caliber students are usually very competitive for these awards. Check with your high school counselor for more information about these opportunities. Indiana residents should be sure to talk to their counselors about the Lilly Scholars program, a full tuition opportunity available by competition in each county of the state.

ROTC scholarships from the Army and the Air Force can be used at Rose-Hulman. Awards cover a percentage of tuition, an allotment for books and a monthly stipend during the academic year to cover miscellaneous expenses. Winners of four year ROTC scholarships receive the cost of room/board, if possible, from Rose-Hulman with the combination for merit scholarship and ROTC scholarship. Winners of three year ROTC scholarships receive $14,000 in aid for the freshman year and the cost of room/board per year thereafter. Deadlines for ROTC scholarship applications are typically in December. Contact the Rose-Hulman ROTC detachments for more information.

Grants

The federal government currently funds two grant programs: the Federal Pell Grant and Federal Supplemental Educational Opportunity Grant (SEOG). Students must complete a FAFSA to be considered for these awards. The maximum Pell grant and SEOG in 2009-10 are $5,305 and $1,000, respectively.

Indiana residents who file a FAFSA are automatically considered for the Indiana Higher Education, Freedom of Choice and Twenty-first Century grants.  The federal processor must receive the FAFSA before the March 10th deadline to be considered for IN state aid. Eligibility for these awards is dependent on financial need. The maximum award from the state of Indiana to a student attending a private college and meeting all the requirements of these three programs in 2009-10 is $7,584.

Student Employment

Approximately 60% of our students participate in either the Federal College Work Study or Rose-Hulman Work Opportunity program. These programs allow students to work on-campus in a flexible work schedule environment. Students wanting to earn the full amount of a typical award of $1,500 would need to work an average of 8 hours per week over the course of the academic year.