Cost and Financial Aid

Thanks to scholarships, grants, loans, and work-study, there are many ways to afford a Rhodes education. The Office of Financial Aid will work closely with you to explore all available funding resources. Our goal is to remove cost as the primary determinant for applying to Rhodes. 
The financial aid and scholarship programs offered by Rhodes make it possible for qualified students from all walks of life to attend.  

Class of 2020 Financial Aid by the Numbers: 

  • Percent of class receiving need-based aid: 65% 
  • Range of need-based financial aid awards (may include merit scholarships): $14,800-$56,010 
  • Median family income of students receiving need-based aid: $111,383 
  • Total financial aid awarded from all sources: $18,148,867 

Rhodes’ merit-based and need-based financial aid packages level the higher education playing field. It is not uncommon for the actual out-of-pocket expense of attending Rhodes to be no greater than that of attending a large state university.
Every family’s circumstances are unique. We encourage all families to complete the Free Application for Federal Student Aid (FAFSA) and the College Scholarship Service (CSS) PROFILE.